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"It takes a dollar and turns it into two dollars." Have minored in economics at the undergraduate and graduate level, I am familiar with Keynes' arguments regarding the benefits of deficit spending during economic downturns.    Economists differ widely on the impact of stimulus spending.  Those on the left, some of whom are Noble Prize winners, argue that a federal dollar of deficit spending has a multiplier impact of $1.13 to more than $1.50, although I have never seen a prediction of turning a dollar into two dollars.  Equally well credentialed (Noble Price) economists on the right argue that Keynesian economics is seriously flawed. Recently, the dean of one of the nation's premier business schools observed that the predictions of economists enhance the creditability of those of astrologers.  Take your pick.
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