Of course, the elite economists already know this – but who pays their salaries?
CNN.com / January 29 2008: ‘…The industry research firm Moody’s Economy.com tracked the potential impact of each stimulus dollar, looking at tax rebates, tax incentives for business, food stamps and expanding unemployment benefits.
The report found that "some provide a lot of bang for the buck to the economy. Others … don’t," said economist Mark Zandi.
In findings echoed by other economists and studies, he said the study shows the fastest way to infuse money into the economy is through expanding the food-stamp program. For every dollar spent on that program $1.73 is generated throughout the economy, he said.
[….] Finally, Moody’s report says business incentives such as tax breaks for buying new equipment – so-called accelerated depreciation – would give the least bang for the buck and potentially provide the slowest infusion of money. A dollar spent there would generate only 33 cents in the economy because, Zandi said, it takes longer for businesses to implement any benefit received….’
via Food stamps offer best stimulus – study – Jan. 29, 2008.