Articles

MARCUS: It’s not too late for a high-speed stimulus

“Too little, too late” is the standard objection to the economic stimulus program now in effect. That criticism
is based on opinion, not fact. It will take several years to know whether the stimulus (or stimuli, because there was more
than a single stimulus) worked.

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Obama unveils 2011 budget with $3.8 trillion in spending

The president’s budget offers tax cuts for businesses, including a $5,000 tax credit for hiring new workers this year, help
for the unemployed and $25 billion more for cash-strapped state governments. Job creation will take precedence over stemming
a surging deficit.

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Bailing out big spenders

Obama is going wobbling on forcing fiscal responsibility on states, and Hoosiers might get stuck with the bill.

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Indy route not part of high-speed rail funding application

The decision to sidetrack a 110-mph Chicago-Indianapolis-Cincinnati train hasn’t received any attention
locally. High-speed rail could someday become an economic development engine here, but it has
not gained as much attention here as improved highways or a commuter rail line from downtown to Noblesville.

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