Obama's Stimulus Plan Isn't Helping New York

Buffalo NewsAugust 24, 2009

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Summary


Failure is a little too strong a term to stencil on President Obama's $787 billion "stimulus" package at its six-month mark. In New York State so far, a better word is unsuccessful.

Blame in part the sluggishness of Gov. David Paterson's administration in getting the money to the bulldozers. The larger problem is the program's design: It is not really a stimulus package. It was never meant to be for economic growth at all.

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Obama's Stimulus Plan Isn't Helping New York

It is shaped to mollify old folks with token amounts of Social Security money, offer employed middle-income Americans small tax breaks and ladle money to states and lo...

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