Foundation for Economic Education
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States Ponder How to Spend “Stimulus” Cash
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“As tens of billions of dollars in stimulus funds begin to flow across the country, states and federal agencies are gripped by disputes over whether the money is being used in ways that violate the letter or spirit of the legislation, battles that raise new questions about precisely what the intent of the legislation was and that threaten to delay the infusion of funds into the staggering economy…. In many ways, the questions swirling at the state level are a continuation of unresolved debates in Washington over the purpose of the $787 billion package — whether it was meant solely to boost the economy or also to lay the groundwork for longer-term reforms and transformation.” (Washington Post [1], Monday)
This would be funny if it weren’t so ridiculous.
FEE Timely Classic
“The Absurdity of ‘Saving Jobs’” [2] by Timothy D. Terrell
Article printed from Foundation for Economic Education: http://www.fee.org
URL to article: http://www.fee.org/articles/in-brief/states-ponder-spend-stimulus-cash/
URLs in this post:
[1] Washington Post: http://www.washingtonpost.com/wp-dyn/content/article/2009/03/08/AR2009030802291.html?hpid=topnews
[2] “The Absurdity of ‘Saving Jobs’”: http://www.thefreemanonline.org/featured/the-absurdity-of-quotsaving-jobsquot/
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