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DOES pork-barrel spending stimulate business?
How could a decline in research spending stimulate an outpouring of patents?
The Clinton administration, under pressure from Congress, wants Germany to do more -- send thousands of troops to Kosovo, increase its defense spending, stimulate its big economy through deregulation -- just as it wants several other European allies to assume broader responsibilities.
Both forms of spending stimulate the economy, but capital investments generate benefits over the long term.
And to achieve such a vision, governments and donors must address public spending, stimulate private investments and promote improvement in healthcare quality.
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Federal defence spending stimulated growth.
Government spending stimulates an economy in recession.
In fact, government spending stimulated the American economy during the early New Deal years and again during World War II.
But the additional private spending stimulated by Mr. Bush's tax cuts would also entail some waste.
But these side effects give Austrian economists the heebie jeebies and also worry the neo-chartalists, who are not convinced that private spending stimulated by easy money will restore full employment.
"Which projects will bring the most visitors, generate the most visitor spend, stimulate investment and promote Jersey to the widest audience?" he added.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com