For Immediate Release
Sam Husseini, (202) 347-0020; or David Zupan, (541) 484-9167
Effective Stimulus: Food Stamps vs. Tax Cuts
Bivens is an economist at the Economic Policy Institute, which has posted information contrasting the economic benefits of various stimulus provisions, per dollar spent:
Food stamps: $1.73
Extend unemployment benefits: $1.64
Infrastructure spending: $1.59
Aid to states: $1.36
Make dividend and capital
gains tax cuts permanent: $0.37
Corporate tax cuts: $0.30
Make Bush tax cuts permanent: $0.29
Data based on Moody's Economy.com.
Bivens is author of Everybody Wins, Except for Most of Us: What Economics Teaches About Globalization and the recent briefing paper "A Feeble Recovery: The fundamental economic weaknesses of the 2001-07 expansion."
A nationwide consortium, the Institute for Public Accuracy (IPA) represents an unprecedented effort to bring other voices to the mass-media table often dominated by a few major think tanks. IPA works to broaden public discourse in mainstream media, while building communication with alternative media outlets and grassroots activists.