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Posted

2009 will be remembered as the year that the definition of the word "stimulus" was expanded to include the words "scam, boondoggle, fraud, etc."

Posted

Great piece.

 

No surprise to any one. But the single most important point IMO is glossed over at the end. It's one thing for regions to fail because of bad government philosophy - it means growth elsewhere as smart people leave. But if we institutionalize that philosophy across the country, there will be no place to go.

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