We really need to change our narratives and language around “government spending”. This is another example of government investment.
(Thanks for sharing @laurawherryr.bsky.social)
(Thanks for sharing @laurawherryr.bsky.social)
Reposted from
Laura Wherry
Excited to see this WP by @mpbitler.bsky.social and Ted Figinski - new evidence on the long-term effects of Food Stamps using admin data, plus cool analyses of how the program built onto existing infrastructure in the Commodity Distribution Program #EconSky www.nber.org/papers/w3318...
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When a successful company borrows money and invests it in a way to grow the business, it is not immediately shunned as just "business spending".