Thursday, June 17, 2010

Stimulus Numbers from Mark Zandi



Mark Zandi of Moody's what gets the best return for stimulus dollars. To people who have followed the economics of the stimulus bill it will not be surprising that food stamps give the best return. Work programs, unemployment benefits and infrastructure spending came in next. For every government dollar spent over a $1.50 goes the GDP. Every dollar from the Bush tax cuts and a potential cut in the corporate tax rate would not bring back 50 cents.

Zandi gave the numbers in his testimony to the Senate Finance Committee.

Food Stamps - 1.74
Work-Share Programs - 1.69
Extending Unemployment Benefits - 1.61
Increased Infrastrcture Spending - 1.57
General Aid to State Governments - 1.41

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