Uncommon Sense

politics and society are, unfortunately, much the same thing

Government’s Good intentions harm the people again

Study: Schools face shortfalls after stimulus ends
December 21, 2009 by MICHAEL GORMLEY

ALBANY, N.Y. (AP) – Using federal stimulus money to avoid layoffs at schools is going to create a shortfall even more difficult for states and schools to contend with when that money runs out, according to a first-of-its-kind study released Monday.

New York alone will see a $2 billion shortfall after stimulus money ends in 2011-12, and that could drive up some of the nation’s highest local property taxes another 8 percent, according to the analysis by state Comptroller Thomas DiNapoli.

bailout, crisis, economics, economy, education, funding, government, nanny state, politics, public policy, reform, spending, tragedy, unintended consequences

Filed under: bailout, crisis, economics, economy, education, funding, government, nanny state, politics, public policy, reform, spending, tragedy, unintended consequences

One Response

  1. […] or the 5 million lost jobs, Obama wants the credit AP shows economic stimulus spending was useless Government’s Good intentions harm the people again Obama doesn’t get it, urges new housing bubble Biggest Spender in History complains of too much […]

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