As recently reported, North Carolina won a $300 million federal ‘Race to the Top’ grant to employ education workers across the state, in yet another avatar of federal stimulus spending. This money was recently delivered to local education authorities who are able to spend it until September 30th, 2012, however, are encouraged to spend it [...]
NCDOT Proudly Announces Another Unstimulating Stimulus Project
In a bold press release written in all caps across the top of the NCDOT website, the NCDOT Rail Division boldly releases its new plan to spend $43.4 million in stimulus funds as a part of the American Reinvestment and Recovery Act (ARRA). How stimulating might this plan be you ask? This stimulus project will [...]
Gov. Perdue Plan Increases State Spending During “Great Recession”
The news media throughout the state is virtually unanimous in reporting Gov. Perdue’s 2010-11 recommended state spending plan as a “$19 billion budget.” For example, see here, here and here. The actual spending on state programs, however, is much higher. For starters, there was $1.04 billion in federal stimulus funding embedded in last year’s biennial budget effective [...]
The Unfortunate Reality of Government to the Rescue
Most of us are still struggling to figure out when exactly we are going to see the benefits of the 2009 government Stimulus package. Economic recovery and job creation are starting to sound like broken promises to a state like North Carolina which has had one of the most consistently high unemployment rates in the [...]
Red State Catches Monkey Fever
It seems the folks at Red State have notice our cocaine and monkeys article and have written a post about it. They also were quite creative in coming up with the following image to parody this wasteful spending.
