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Thursday, December 3, 2009

Government Contractors Profit from “Stimulus”

“As struggling communities throughout the country wait for more help from the $787 billion stimulus package, one region is already basking in its largess: the government-contractor nexus that is metropolitan Washington. Reports from stimulus recipients show that a sizable sum has gone to federal contractors in the Washington area who are helping implement the initiative — in effect, they are being paid a hefty slice of the money to help spend the rest of it.” (Washington Post, Thursday)

Who says the stimulus isn’t working?

FEE Timely Classic
“The Awesome Powers of Government” by Murray Weidenbaum