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Old 06-14-2011, 08:24 PM   #198
Gozer
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In broader context, this is regarding the Republican's insisting on extending the Bush tax cuts for the super-rich.

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Earlier this year the CBO analyzed the cost effectiveness of 11 possible approaches to spurring economic growth. Cutting income taxes came in last. It was estimated to increase GDP by 10 to 40 cents for each dollar it adds to the deficit in 2011. Increasing aid to the unemployed, in contrast, which ranked first, was projected to generate 70 cents to $1.90 for every dollar spent.
http://www.cbo.gov/ftpdocs/112xx/doc..._Testimony.pdf

Last edited by Gozer; 06-14-2011 at 08:35 PM.
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