this post was submitted on 17 Oct 2023
259 points (97.4% liked)
Curated Tumblr
4395 readers
715 users here now
For preserving the least toxic and most culturally relevant Tumblr heritage posts.
The best transcribed post each week will be pinned and receive a random bitmap of a trophy superimposed with the author's username and a personalized message. Here are some OCR tools to assist you in your endeavors:
-
FOSS Android Recs per u/[email protected]: 1 , 2
Don't be mean. I promise to do my best to judge that fairly.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It's the concept that government spending actually leads to more consumer spending. To calculate the total economic growth of a government spending package, you add in a multiplier (aka a markiplier) to the total expense to get the total economic growth.
The govt spends 1 mil, 500k of that goes to consumers who spend it again, then 250k of that is spent again, etc. The total growth is 2 mil. This kind of logic is used to justify government spending packages.