Mar9th2010

Quote Of The Day

“Last week, I briefly discussed the geographic distribution of Recovery Act funds. The figure shows the relationship between per capita Recovery Act grants awarded and unemployment across states, which shows that stimulus aid was not particularly well matched with need…On average, for every extra percentage point of the labor force that is unemployed, a state got $25 less per capita.” — Edward L. Glaeser, economics professor at Harvard writing in the New York Times Economics blog

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