Friday, February 20, 2009

The Fuzzy Math of The American Issues Project

I was trying to figure out what exactly to say about the latest round of Republicans making arguments that wouldn't pass muster with a fourth grader, but I think Stephen treats this with the appropriate level of scorn and mockery.

The fact is, $1 million spread across the entire country is not a lot of money. It's about $0.003 per person. Under the Jesus method of accounting, if you spread that money across every man, woman, and child, by today you'd end up with about $2,160. Which is probably less than the amount of stimulus we need, when you consider the current output gap.

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