Dollars and Sense - A Look at American Business

I was thrilled when I found this article on line. I spent a lot of time looking for a locally based article that would allow me to better understand how Maine is dealing with the economic state. It really is astounding to look at the amount of money being pumped into the state of Maine alone. To me it really shows the extent of the Federal Stimulus Plan and how it attempting to saturate every corner of the economy. In Maine, money is being sent to every industry imaginable. From cash being sent to citizens that don't qualify for certain tax breaks to a break for the softwood lumber industry. It really shows how every single corner of the US is screaming for economic assistance. This article does a fantastic job of tying directly into the article I wrote about last. In the previous article I researched the report issued that identified each area of the Maine economy that was in need of assistance and improvement. It seems that the money coming from this Stimulus Bill will be able to address all of those issues. It was mentioned that perhaps the biggest issue with the current working of the Maine economy was the transition from research budgets to job creation. This stimulus bill will not only provide more money for further research but also provide funds to create jobs stemming from that information. Education will also experience a massive impact as more funds are put into school renovation and restoration. The funds entering the educational system coupled with the facilitation of college payments are obviously tailored to meet many of the issues that have arisen in our local economic system.