Explore how the crowding-out and multiplier effects impact government stimulus spending. Learn which theory better stimulates economic growth during downturns.

When I was a kid in church youth group, we sang a song about a magic penny and it goes like this: “Love is like a magic penny. Hold it tight and you won’t have any. Give it away and you’ll have many…” ...

Supporting local business has long been recognized as the key factor in driving economic growth and community development. Studies consistently show that when consumers spend their money at local ...

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Government spending has a more significant impact on the economy than tax changes due to the spending multiplier effect. "Trickle-down economics" does not work. Tax cuts primarily benefit the wealthy.