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Stimulus. Austerity. We can have both - The Globe and Mail
kevin lynch
From Tuesday's Globe and Mail
Published Tuesday, Nov. 01, 2011
Kevin_Lynch  austerity  economic_stimulus 
november 2011 by jerryking
Stimulus Cash Flowed to Completed, Under-Way Renewable Energy Projects
Critics, however, contend that the program emphasizes building over producing power, with insufficient safeguards for taxpayers. The grants are more generous and likely benefit more companies than the tax credit they supplanted, analysts said. And government watchdogs questioned how much business growth the spending actually stimulated.

"It's essentially funding economic activity that already would have occurred," said Steve Ellis, vice president of Taxpayers for Common Sense. "So it's just a pure subsidy."

Money spent on those projects might have helped the economy more had it been used for other efforts targeting the most troubled states or workers, Ellis added. The stimulus bill "threw cash" at programs, he said, without a comprehensive plan.
Big government boondoggle
october 2010 by Flap

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