Economist Paul Coomes Qualifies Recent Recession

University of Louisville professor Paul Coomes spoke Tuesday morning at the Kentucky Association for Corporate Growth breakfast.  He outlined the ways in which the current recession—although he says it has been over for a year—has been lighter than previous recessions in 1982, 1974 and The Great Depression. Coomes compared unemployment rates, average salaries, and real […]

Public Works Director Defends Quick Action in Stimulus Proposals

Budget hearings continued today before Louisville’s Metro Council. Some council members took the opportunity of having public works officials before them to criticize the way stimulus project have been handled so far. Public Works Director Ted Pullen was before the council’s budget committee to outline his department’s budget for the upcoming fiscal year. Councilman Hal […]

Advocacy Group Tracks Stimulus Money

From Kentucky Public Radio’s Tony McVeigh A citizens advocacy group in Kentucky plans to keep close tabs on how federal stimulus dollars are spent in the commonwealth.  Kentucky’s share of the federal stimulus package is about three billion dollars. Around 650-million of that can be used for the state budget, but 82-percent must be earmarked […]