Another Stimulus? That's a Drug We Can Do Without

September 2011
Bond Buyer;9/26/2011, Vol. 377 Issue 33588, p11
Trade Publication
In this article the author discusses the tough decisions made to close budget gaps in the U.S. during fiscal 2011. He says that state and local governments inject some funds through American Recovery and Reinvestment Act of 2009. He emphasizes that despite such effort, there is an opportunity to spend more than the economy can support and undo those tough decisions. He stresses the consequences to be considered in the decision to deploy operating budgets.


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