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Economic Stimulus: Tax Cuts vs Government Spending

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Old 02-02-2009, 04:38 PM   #17
Trample the Elderly
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Re: Economic Stimulus: Tax Cuts vs Government Spending

Quote:
Originally Posted by Schneed10 View Post
From a macroeconomic standpoint, the goal is simply to get money into the hands of the people so that they in turn spend it, which in turn creates jobs.

As long as the money goes to someone who will spend it, it will be the best way to kick start the economy.
I'd like to know if this scenario is truthful. I'm not B.S.ing you Schneed. The government borrows money from China, Japan, and or Dubai. The government then gives that said money to the public. The public then goes out and buys goods manufactured in China and Japan. Is that a logical statement?
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