Showing posts with label State stimulus. Show all posts
Showing posts with label State stimulus. Show all posts

Thursday, February 5, 2009

State Stimulus Package is Done

The Oregonian is reporting that Governor Kulongoski has signed the $175 million state public works spending bill into law.  Given that the state GDP is in the range of $150 to $160 billion, this is not going to do much to stimulate the state economy on its own (but then again nor will it be a big burden when the bill comes due).  But coupled with federal fiscal stimulus, its marginal impact will hopefully be greater.  

What is striking is how quickly this got done, if only our federal government was so efficient...