Max Sawicky wrote: > State governments are likely to spend what they get to prop up > services that otherwise would take a hit due to falling tax revenue. > In that respect aid to states is one of the most efficient types of > stimulus, though there are limits to the amount that states could > absorb, and the distribution of aid makes a difference.
In fact, if the Federal Government gave $100 million to California, our state government would spend _more_ than that. -- Jim Devine / "Disbelief in magic can force a poor soul into believing in government and business." -- Tom Robbins _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
