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To: Lancey Howard

A basic economic principle taught in Macro 101 is not “spin”


30 posted on 11/27/2012 3:14:19 PM PST by ksen
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To: ksen
A basic economic principle taught in Macro 101 is not “spin”

The "velocity of money" has no bearing on Pelsoi's idiotic claim that, “For every dollar a person receives in food stamps, $1.79 is put back into the economy,” and her contention that food stamps and unemployment payouts produce "the best bang for the buck".

Where did you take Macro 101? Hooterville?

32 posted on 11/27/2012 3:43:25 PM PST by Lancey Howard
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