Archive for March, 2009

Economic Stimulus Can Be a Great Local Boost or a Complete National Bust

March 26, 2009

Every day, the news is filled with stories about the uses of Federal dollars to stimulate the economy on a local and national scale. The argument, as it should be, usually centers around what is a good investment and what is a complete waste of dollars. Following some of the stories borders on the absurd; AIG and multi-million dollar bonuses being paid, for example. Others run more along political criticisms, such as the recent editorial criticizing Senator Bob Corker for both lambasting the federal appropriations bill as “pork-filled” and at the same time having his own earmark for Memphis Bioworks in that very bill. I responded to that editorial because I felt it was an unfair criticism. That response is reprinted below: