Much of the $230 billion federal government cash sent to states to stimulate their economies is being used to balance state budgets. But poor state fiscal planning is obstructing proper utilization of those funds.
So far this so-called stimulus that has been given by the Obama administration has gone primarily to bail out favored states. Within those states the funds have been used to bolster governmental jobs and government pensions. Emphasis has been made for the creation of government jobs that are or will be unionized.
Unfortunately, government jobs do not have the multiplier effect of private industry jobs. Its lack of effect has been obvious.
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