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by frognibble 5739 days ago
The resources used in the stimulus come from someplace in the economy. The resources do not magically appear out of thin air when the Fed buys government debt.
1 comments

With an idled worker population it is obvious where the bulk of the resources can come from.
It is not obvious that the bulk of the resources come from the idled workers. Resources are needed to pay the workers. Resources are needed to buy the steel, concreate and other materials used in the projects.
>It is not obvious that the bulk of the resources come from the idled workers. Resources are needed to pay the workers.

The resources are the idled workers. Yes, commodity-type resources are used as well, but there is for example a lot of idled equipment out there as well.