Sunday, December 12, 2010

An update to my post on economic stimulus

I mentioned in a prior post that the poor are far more likely to spend their tax cuts, and, in fact, to spend MORE than their tax cuts.

Well, the CBO, Megan McArdle, and the Economist all agree with me, and the Economist was kind enough to blog the data from some recent studies. You can find the information here. It's rather short.

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