Wednesday, August 12, 2009

Stimulus working?

Lots of criticism about federal spending right now, but the stimulus package is protecting jobs and creating work, including here locally. City of Ark City, County have received money for infrastructure projects. Sheriff has applied to fund two deputies. Cowley College and of course the local school districts have benefited. The local arts council received a stimulus funded grant to make up for funding cuts to keep positions. I know of several small businesses taking advantage of no-interest Small Business Administration loans to help pay of debt.

Could it be that, in the end, the deficit spendingwill have keep us out of a deeper recession and saved people's livelihoods?

1 comment:

Anonymous said...

I dunno. Byte has an article on her page saying the state is going to have to ask the Feds for more money for unemployment. It was my understanding that the Stimulas was suppose to create jobs (or save jobs, depending on what month you were listening to Pres. Obama). If we are having to receive money from the Feds because the state ran out of unemployment money, it seems to mean to me that it isn't working. Might be working here, but not in the state as a whole. Either that, or Byte has her information wrong. The state shouldn't be running out of money (yet).