Good News / Bad News
Good news: The nation's mayors spill the beans on what most of us already knew about the Obama stimulus:
About 80 percent of stimulus money has gone directly to state governments, they say. Instead of being used to create new jobs, the bulk of the money has been used to save existing state government jobs -- teachers, law enforcement and others -- and for shoring up sagging state budgets.
Bad news: Mayors are not ticked off about the propping up of governments, they are just ticked off that their own local government budgets weren't propped up as well.
If more money would flow directly to cities, the mayors' group contends, it could be used for local improvement projects that would create more jobs.
Really? I don't see the incentives of city government leaders to be anything different than that of state government leaders. My guess is the money at the city level will be used exactly the same way as it was at the state level.