I don't guess we will ever really know will we
?
From my perspective, living in the rural south it looks like the stimulus did not do much long term for anyone around here although I did hear tell of one local fella that obtained a $5 million grant to grow grass that can be burned in steam boilers
. Not sure if that was DOE (taxpayer money) or stimulus (taxpayer money). Oh yea that shut down Range Fuels ($75M+) facility is still over there and it was either DOE or stimulus. Not sure what is going to happen to all that high dollar inconel that the plant was built with. Not all of the local scrappers know what inconel is. With that said we are probably a community that could just go away and no one would ever notice
. The town is getting a new building from federal grant money. It is a new building to house workers of the Dept of Family and Children Services Dept. The town was fine without one (for 90+ years) till just over the past decade or so. I suspect that there is a direct relationship between there being no jobs around here and the need for the additional space the new building has to offer.
It is as close to being a depression as I believe I have ever seen but what do I know. I'm trying to start up an import repair business in this economy.