Wingnuts

Newt Gingrich Doesn't Understand Stimulus

Okay, now Newt is being deliberately stupid about various forms of stimulus. With Greta on Fox News Channel:

I mean, I — you know, somehow, I don’t understand how liberal math turns $1 into $1.79.

Fact: food stamps stimulate the economy because they directly help people to buy things in stores. Specifically food. More accurately, $1 of government money spent on food stamps creates $1.74 in stimulus, according to Moody's.

Once again, here are the multipliers:

stimulus_vs_taxcuts.jpg