Bob Cropf

State Budgets

In public finance, stimulus on February 12, 2009 at 7:47 AM

Here’s to Galbraith’s quote Dr. Cropf read Wednesday evening…

States are cutting budgets, Nevada 38%.

One of the questions that came to mind is Okun’s, is there a time where we should spend money even though it is not efficient, or stimulative in today’s parlance?

– Kathleen

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