{"id":143,"date":"2003-06-09T12:58:37","date_gmt":"2003-06-09T17:58:37","guid":{"rendered":"http:\/\/hill-kleerup.org\/blog\/wp\/?p=143"},"modified":"2003-06-09T12:58:37","modified_gmt":"2003-06-09T17:58:37","slug":"pump_priming","status":"publish","type":"post","link":"https:\/\/hill-kleerup.org\/blog\/2003\/06\/09\/pump_priming.html","title":{"rendered":"Pump priming"},"content":{"rendered":"

If the idea behind the tax cut\/”refund” is that money in the hands of the public will do more to stimulate the economy than that same money in the hands of the government, does it make any difference <\/a>whether it’s going to folks who (would have) paid that money in taxes or not?<\/p>\n

(Note: I’m not convinced that such pump priming is actually a good idea, especially to the extent that it deepens the deficit and threatens to push up interest rates … but if it is <\/i>a good idea, then it should be a good idea regardless. Or, conversely, just give all $350 billion to me<\/i>, and I’ll <\/i>find things to spend it on ….)<\/p>\n","protected":false},"excerpt":{"rendered":"

If the idea behind the tax cut\/”refund” is that money in the hands of the public will do more to stimulate the economy than that same money in the hands…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9],"tags":[],"class_list":["post-143","post","type-post","status-publish","format-standard","hentry","category-politics-law"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":132448,"url":"https:\/\/hill-kleerup.org\/blog\/2016\/12\/26\/the-trickle-down-economy-we-have-to-look-forward-to.html","url_meta":{"origin":143,"position":0},"title":"The Trickle-Down Economy we have to look forward to","author":"***Dave","date":"Mon 26-Dec-16 3:52pm","format":false,"excerpt":"Despite Clinton's poorly worked efforts to be cute about Trump's Trickle-Down Tax Schemes, the truth of the matter is quite serious. A look at how Kansas -- which, under Gov Brownback in 2012 went whole-hog into a series of tax reforms of just that type that the Trump suggests for\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25352,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/01\/12\/if-you-pay-income-tax-from-robbing-a-bank-do-you-get-a-refund-if-you-got-caught.html","url_meta":{"origin":143,"position":1},"title":"If you pay income tax from robbing a bank, do you get a refund if you got caught…","author":"***Dave","date":"Thu 12-Jan-12 5:34pm","format":false,"excerpt":"If you pay income tax from robbing a bank, do you get a refund if you got caught and lose the money?That's essentially what Joseph Nacchio -- not a popular guy in Denver -- is asserting. He paid a bunch of income tax on massive profits from an illegal stock\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11748,"url":"https:\/\/hill-kleerup.org\/blog\/2008\/02\/12\/um_no.html","url_meta":{"origin":143,"position":2},"title":"Um … no …","author":"***Dave","date":"Tue 12-Feb-08 6:30am","format":false,"excerpt":"Sometimes these guys don't even seem to be trying very hard: From: Internal Revenue Service Subject: Tax Notification Internal Revenue Service (IRS) United States Department of the Treasury After the...","rel":"","context":"In "Spam"","block_context":{"text":"Spam","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/computer-security\/spam"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10913,"url":"https:\/\/hill-kleerup.org\/blog\/2007\/05\/21\/kitten_goes_hawaiian.html","url_meta":{"origin":143,"position":3},"title":"Kitten Goes Hawaiian!","author":"***Dave","date":"Mon 21-May-07 11:33am","format":false,"excerpt":"I think it probably started with Katherine's falling in love with her\u00a0Aloha Scooby-Doo movie -- with maybe a priming dose of Lilo & Stitch. Then we had the Hawaiian-based...","rel":"","context":"In "Home Improvement"","block_context":{"text":"Home Improvement","link":"https:\/\/hill-kleerup.org\/blog\/category\/home-improvement"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.hill-kleerup.org\/blog\/images\/tiki.gif?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":133237,"url":"https:\/\/hill-kleerup.org\/blog\/2017\/04\/10\/the-tax-man-cometh.html","url_meta":{"origin":143,"position":4},"title":"The Tax Man Cometh","author":"***Dave","date":"Mon 10-Apr-17 10:23am","format":false,"excerpt":"Started my taxes yesterday, finished them today. Things were a bit more complicated this year than usual, due to my unemployment in the first half of 2016 and my doing a bunch of personal finance shuffles and stock sales and other bits and bobs later in the year.But, when all\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49433,"url":"https:\/\/hill-kleerup.org\/blog\/2015\/01\/30\/pot-may-be-a-money-maker-for-colorado-citizens.html","url_meta":{"origin":143,"position":5},"title":"Pot may be a money-maker for Colorado citizens","author":"***Dave","date":"Fri 30-Jan-15 5:53pm","format":false,"excerpt":"Because of our zany TABOR Amendment (\"Taxpayers Bill of Rights\"), some of the excise taxes collected on marijuana sales in Colorado may end up going out as refund checks to the citizenry, rather than being used for the purposes previously discussed when it was legalized. Tax law quirk means pot\u2026","rel":"","context":"In "~PlusPosts"","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/comments?post=143"}],"version-history":[{"count":0,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/143\/revisions"}],"wp:attachment":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/media?parent=143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/categories?post=143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/tags?post=143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}