Has The Stimulus Created Great Places To Find Jobs?

seems to be the motto of this "spend our way to prosperity" mode the government has embraced. What eludes espousers of this doctrine is that for the tide to rise in one harbor, it must be declining in another. I have recently learned of another company in my local industry that is preparing to lay-off close to 500 employees as a direct result of losing a contract that was initially going to be funded with government investment funds, but that funding has been withdrawn to facilitate the "cash for clunkers" program. Somehow, I doubt that there are going to be 500 car sales positions created in my local economy as result. I further doubt that government bean-counters will (or can) adequately take into account the 'negative' effects that accompany this economic stimulation.

chronic.individuality of SC 10:40AM August 28, 2009