Quote by Arthur Laffer

The truth of the matter of is that stimulus money not only doesn't stimulate; it actually reduces output.

The truth of the matter of is that stimulus money not only d

Summary

This quote suggests that giving out stimulus money does not have the intended effect of boosting the economy, but instead, it hampers economic growth. It implies that government-funded stimulus measures create an artificial increase in output that is not sustainable in the long run. The quote implies that rather than stimulating economic activity, such interventions ultimately have a negative impact on the overall output of the economy.

By Arthur Laffer

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