Tuesday, January 26, 2010

A Fair Share?

Did St. Louis get its fair share of the funds allocated to Missouri under the American Recovery and Reinvestment Act? I argued here and here and here back in February/March 2009 that we did not – and the St. Louis County Municipal League later made the same point in August 2009.

A report produced for the US Conference of Mayors and the Council for the New American City now concurs. According to a report by HIS Global Insight, the St. Louis region received just 34 percent of the money Missouri was awarded under the ARRA, while accounting for 45 percent of Missouri’s Gross State Product.

Good projects? Maybe. Fair distribution? Definitely not.