Researchers from Harvard Business School found that when a member of a state's congressional delegation becomes chair of a powerful committee, that state sees a tremendous influx of government cash through earmarks and government contracts, as one might expect. But rather than stimulating private sector growth, the study found that the extra government spending actually causes businesses in that state to downsize.
Tuesday, February 28, 2012
Study: A powerful member of congress can have a negative effect on a state's economy
http://www.physorg.com/news/2012-02-powerful-member-congress-negative-effect.html
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