Gov. Mills is standing up for the middle class and businesses when she uses the budget surplus to provide $850 checks to about 800,000 Mainers. The effect on Maine’s economy will be much more than that original $680 million boost, calculated using an economic multiplier effect model.
Gov. Mills sends that $680 million into the economy, where the original recipients spend that money at Maine businesses. Then those businesses spend that money at other Maine businesses and presto, that $680 million has been spent twice in the economy, for an economic boost of $1.36 billion.
But! But! Our clever little governor doesn’t stop there. Then that $680 billion is spent again, and taxed again, for an economic expansion of over $2 billion.
Gov. Mills is a hero to middle-class entrepreneurs. She’s saving Maine businesses, one $850 check at a time!
Bob Jean
Lubec
Send questions/comments to the editors.
Success. Please wait for the page to reload. If the page does not reload within 5 seconds, please refresh the page.
Enter your email and password to access comments.
Hi, to comment on stories you must . This profile is in addition to your subscription and website login.
Already have a commenting profile? .
Invalid username/password.
Please check your email to confirm and complete your registration.
Only subscribers are eligible to post comments. Please subscribe or login first for digital access. Here’s why.
Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.