Mainstream economics tells us (quote logically I believe) that the multiplier effect of government spending is greater than that of tax cuts. That is to say an increase in government spending increases GDP more than a tax cut of the same amount. Why? Because if I have a tax cut, I am likely to save some of that money. The government can inject money directly into the economy. That obviously doesn't mean there should be extremely high taxes and only government spending. But it does make us ask what will happen to the economy under Ryan's budget? I personally am not versed enough in economics to give a thorough answer, but it does seem worth exploring, since Republicans keep talking about putting money back in the people's hands. That may not always be the best idea.
Adam Weiss blogs at politicalcreativity.net