Word: stimulus
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...revenue still leaves many services closed come the fiscal year 2010. If Massachusetts chooses to think with moral sense and fiscal reason, it will not cut funding to some of its most helpless constituents. A portion of what it would have saved will be buoyed by the federal stimulus package and the new tax, but in the long term such dollars and cents thinking is beside the point. For a moment, policymakers need to put aside their pocketbooks and consider the quality of life of all their citizens...
...magic potion that Obama and his advisers finally conjured up to ward off collapse was an enormous stimulus package, including under its vast umbrella everything from infrastructure to the creation of “green” jobs. Its very immensity required some of the same good ol’ American optimism that had won Obama his mandarin’s perch. Flood the economy with enough money, the premise went, and we can all float our little rafts to the golden shores of prosperity. But despite the plan’s elephantine nature—and its bizarre twist...
China is using the stimulus package to play catch-up on another front: the environment. Three decades of rapid, unchecked economic growth has turned many of the country's rivers into cesspools and lands into wastelands and much of its air into grimy soup. Some $30.9 billion has been officially allocated under the stimulus plan for "environmental projects" to help clean up the mess and put the country on a path to more sustainable development. The government of Jiangsu province, for example, recently announced a $16 billion plan to clean up Lake Tai, once famed for its beauty and abundant...
Mountain High, Emperor Far Away No matter how well intentioned, China's stimulus package may provide little more than a short-lived growth blip if officials are unable to control the perennial bugbear of Chinese economic development: pervasive corruption in local and provincial governments, which make their own way far from the brilliant technocrats in Beijing. (Read "The Secret Memoir of a Fallen Chinese Leader...
...point out that Governor Mark Sanford of South Carolina has refused $700 million in stimulus cash. Please tell the governor he should take it. I recently used Interstate 95, having just returned to New England from a vacation in Florida. The deplorable condition of that road in Sanford's state makes me wonder if he has his head screwed on straight. Take the money and create some jobs. Kevin Murray, MOULTONBORO...