‘Multiplier effect’ is poor justification for increased government spending

Hawaii lawmakers must not be afraid to cut the state budget __________ By Joe Kent, Ken Schoolland, Per Bylund and Victor V. Claar In the rush to mitigate the economically devastating impact of Hawaii’s state-mandated shutdown, many lawmakers and policy wonks have been invoking “the multiplier effect.” For example, when Gov. David Ige announced in early […]