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Let's Counterfeit Our Way to Wealth
There are many reports that the Obama economics team is using a multiplier of 1.5 to estimate the effects of government spending. The theory of the multiplier is that $100 of government spending is supposed to "stimulate" the production of $150 in increased wealth.

Obama also believes that the multiplier for tax cuts is only about 1, so much more wealth is created when the government spends money collected from taxpayers than when the taxpayers spend that money. The idea is that the taxpayers might save some of that money, so it won't flow around and create wealth.

Obama believes that the government can spend so that its dollars go to people who won't save any of it. They will help the rest of us by spending it all. They will be doing their patriotic duty while they watch big-screen TV's and eat at expensive restaurants.

Obama's team is making this stuff up as they go along. It can't possibly be true. But, being in a good mood, let's assume that it is true. Then the following is also true.

We should immediately license counterfeiters.

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Anyone who can produce good looking paper money should be licensed to print up as much as possible, after agreeing to give it to people who are likely to respend it immediately. That would be anyone working for minimum wage, the obviously unemployed, or even friends who would take the oath to spend, spend, spend.

This meets all of the conditions that the government likes for its own programs...