Tomorrow, we’re told, President Obama will propose an economic incentive package indented to help turn the American economy around. From what little I’ve been able to find in the press, it’s sounds like just the kind of thing that the American economy needs. It would not only provide generous tax incentives to companies pursuing research […]
Tag Archives: stimulus
Obama’s pro-business gambit, and why it will likely fail
Ypsilanti’s Michigan Ladder makes the Wall Street Journal
Today, the Wall Street Journal’s Neil Hickey published a story about how the commercial credit crisis is impacting small business growth here in the United States. And, to illustrate the real world consequences, he spoke with local Washtenaw County business owners, like Tom Harrison, the CEO of the Michigan Ladder Company. Harrison, when asked how […]
Ypsitanti’s Freighthouse attracts negative national attention
OK, remember how, a few months ago, I told you that we were going to receive $500,000 through the federal stimulus program to restore our historic Freighthouse? Well, today it became news on Capital Hill, as Senator Tom Coburn (R-Oklahoma) named the project among the 100 worst examples of waste in the American Recovery and […]
The Feds help Michigan borrow $2 billion more to build more highways
Saying, “This is so excellent,” and hollering “Whoooo!“, our Governor enthusiastically accepted the $2 billion in federal aid that comes along with being the most economically fucked state in the union. Governor Granholm publicly accepted the news from Vice President Joe Biden in Kalamazoo this afternoon, where they were gathered to celebrate – according to […]
Michigan gets screwed with federal stimulus spending
According to USA Today, Michigan, arguably the worst off of the 50 states, is getting just a fraction of what some other, more well-off states are getting when it comes to federal stimulus spending. Here’s a clip: States hit hardest by the recession received only a few of the government’s first stimulus contracts, even though […]