- Waller deemed competent to stand trial (1/11/17)5
- Young Elvis impersonator from Bernie performs on 'Ellen DeGeneres Show' (1/12/17)
- Two subjects of interest in 1992 homicide to take polygraph tests (1/15/17)7
- Business notebook: Jackson salon owner also opens a clothing store (1/16/17)
- Two men shot after argument; houses also struck by bullets (1/12/17)21
- 113 drug tests at Jackson High net one instance of illicit usage (1/11/17)15
- Cape SportsPlex contractor offers a look at the project (1/15/17)14
- Meat-processing plant faces $70K penalty for Clean Water Act violations (1/17/17)1
- Two Cape men recovering after shooting (1/13/17)
- Governor cuts $146 million, colleges take hit (1/17/17)
Spending a trillion
President-elect Obama's economic recovery plan for the nation is breathtaking. For some, the expense -- perhaps more than $1 trillion -- promises a massive outpouring of federal funding for costly large-scale projects. Others are literally left breathless by how much this plan might cost.
Local and regional planning groups have been asked to come up with project lists. The six-county Southeast Missouri Regional Planning and Economic Development Commission has put together a $367 million wish list. And the six-county Bootheel Regional Planning and Economic Development Commission has a $97 million list.
Most of the proposed projects are aimed at key infrastructure. Some quality-of-life projects are also on the lists.
With the federal deficit expected to top $1 trillion this year for the first time in history -- plus another trillion dollars for the stimulus plan -- you have to wonder how the nation can afford it all. If the money is going to be spent, it would seem prudent to focus on projects that meet the most basic needs.