FL Benefited Half as Much as CA and NC

According to the Christian Science Monitor the government stimulus package has benefited California and North Carolina employment at a rate of 3,000 per million population.  As for Florida just half as much…

Florida shows about 1,600 jobs per million residents, and Ohio 1,500. Michigan and Nevada, hit hard by an automotive recession and housing slump, respectively, report job gains that are barely above average.

Again, these are not helpful signs for Florida and Coral Gables.  If I were a city commissioners, I would carefully manage our scarce public funds, cut back on subsidies and aggressively oversee the work of the city manager.

About Stephen E. McGaughey
International consultant in economic development programs and projects

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