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Man robbed at Tallmadge Avenue eatery
Four teens restrain man, take items from his Akron home
Another winter punch heading toward Ohio
Complaints against officer keep coming
Police: Ohio girl dies after fall into snow bank
Cuyahoga Falls residents come home to find burning couch on balcony
Blogs:
First Bell - On Education:
No City of Akron basketball tonight
Pets:
Pet telethon re-airs
The Heldenfiles:
Chipmunks "Squeakquel" on DVD/BD March 30
Akron Zips:
Late surge gives Zips ugly road win
Tribe Matters:
Blogmail response on Hafner
Cleveland Browns:
Stallworth's contract terminated
Balanced Ledger:
Kent State Sports:
KSU Notes – February 9
Cleveland Cavaliers:
NBA Power Rankings from Around the Internet
Buckeye Blogging:
Buckeyes grab 18 players on signing day
Varsity Letters:
Garfield at Buchtel basketball
All Da King's Men:
Palin At The Tea Party Convention
Blog of Mass Destruction:
Republican Pre-Conditions
Akron Law Café:
Citizens United v. F.E.C. (Part 4): Kennedy's and O'Connor's Basic Approaches to Constitutional Decisionmaking – Top Down and Bottom Up
Car Chase:
Collector Car Hobby Loses One of the Best—Jim Roll
Let's Talk Real Estate:
Decisions Decisions: Credit Cards or Your Mortgage?
Ohio Travels with Betty:
Loucile is looking for a Lake Erie getaway in June for three kids, ages 1, 3, and 5.
Sound Check:
Talk of the Town – Top entertainment picks for the weekend
HRLite House:
Track HR Research
Akron Gamer:
Makers of 'Castle Crashers' unveil 'BattleBlock Theater'
See Jane Style:
Do IT this week: Layering
The president-elect has unveiled a massive stimulus package. Now the task is refining its contents and speeding its passage
Published on Wednesday, Jan 07, 2009
Obama advisers explained that the troubled economy requires a substantial boost, credit frozen as practically everyone seeks to deleverage, yet only so much public money can be spent smartly — before the law of diminishing returns takes hold. In other words, the first dollar in tax cuts has a more beneficial effect than the dollar that takes government spending above, say, $475 billion.
The president-elect also addressed a political challenge. He appears determined to win broad bipartisan support for the measure. Many Republicans on Capitol Hill have been grumbling about the amount of spending in the stimulus package. They've called for a dose of tax cuts. Here is Obama reaching out, testing the Republican willingness to work together, to alter the ways of Washington.
How rich to read about John Boehner, the House minority leader, cautioning that ''we should not bury future generations under mountains of debt.'' Republican Congresses added hugely to the country's indebtedness. Still, the Obama team would concur: There is reason to be vigilant about the quality of the spending. Mayors recently pulled together a wish list of ''ready to go'' projects. The country would be aided by money routed to cities for public works, for instance, repairing combined sewers in Akron. Hardly anyone thinks every project is worthy.
The leading spending priority must be money for states struggling with requirements to balance their budgets. The federal government has the tools to offset the dampening effect of such mandated fiscal discipline, targeting money for Medicaid, unemployment compensation, food stamps and other elements of the safety net.
Public works trigger demand and create jobs. Ask steelmakers. The country also has an opportunity to advance projects for the long term. For all the potential of alternative energy sources, they are not yet compatible with the transmission grid for electricity, making way for a sensible investment. The moment is ripe for expanding electronic medical records and extending broadband coverage (an area in which the country lags behind competitors).
An economic stimulus of such immense size requires care in construction. There is a sense of urgency, too, the economy in need of an immediate jolt. A due date of sometime in January has been pushed back to February. Congress and the White House must not let the deadline slip further.
Get the full article here.
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