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

Thursday, July 15, 2010

Stimulus? Really?

Stringing along workers with temporary federal freebies isn’t a sustainable enterprise, and Department of Education adviser Maura Policelli admits as much when she says taking the cash “does involve the possible risk of investing in staff that you may not be able to retain in the 2011-12 school year."

Temporary spending that allows state government to avoid inevitable hard choices a year later is not investment or stimulus, despite the nonsense we keep hearing in certain quarters.

Many Winners and Losers from Generative AI

Perhaps there is no contradiction between low historical total factor annual productivity gains and high expected generative artificial inte...