Stanley RobinsonPrinceton, Mo.To the editor:Economists seldom agree, but it is universally accepted that spending stimulates the economy. This stimulation is referred to as the multiplier effect. On average, each $1 spent causes $1.50 in additional economic activity.Not all multipliers are of equal worth. Money paid to foreign contractors in Iraq does little to stimulate our domestic economy. A few high-income earners saving or...
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