The Buckeye Institute for Public Policy Solutions recently released "The Economic Impact of Federal Spending on State Economic Performance: An Ohio Perspective." This study illustrates the damaging effects higher federal spending has on the nation's economy and estimates that an additional 91,000 jobs could be lost in Ohio as a result of the federal "stimulus" bill.
"As this research clearly shows, federal spending isn't 'free' for Ohio," said Buckeye Institute President David Hansen. "In fact, this spending has a very high cost in terms of both taxes and reduced economic activity. While Governor Strickland has been a very visible cheerleader for this federal stimulus package, his efforts will cost Ohio jobs and further worsen our economy's woes." Find more data on how Ohio stacks up with other states here: http://www.alec.org/am/pdf/tax/09RSPS/states/09ohio.pdf.
Wednesday, May 20, 2009
7:30-9:00 a.m.
Athletic Club of Columbus
136 East Broad St. Columbus, OH
Supply-side economics has got us in a big mess--why would we listen to supply-siders now?
Pink Slip