When You Don’t Spend Any, the Velocity of Money becomes Zero

{ Posted on Aug 31 2010 by Ken Houghton }
Categories : All, Angry Bear, human capital, recovery, solvency crisis
Edmoney is tracking the allocation and spending of education-related stimulus grants. The map is here. Some states have gotten the funds into circulation better than others. Selected states below (GA was highlighted by them):
  1. California, 78%
  2. New Jersey, 63%
  3. Georgia, 62%
  4. Indiana, 60%
  5. Oklahoma, 50%
  6. Mississippi, 42%
  7. Massachusetts, 41%
  8. Michigan, 41%
  9. Kentucky, 39%
  10. Pennsylvania, 35%
  11. Ohio, 29%
  12. New York, 25% (but NYC 60%)
  13. Texas, 25%
This entry was posted on Tuesday, August 31st, 2010 at 4:49 pm and is filed under All, Angry Bear, human capital, recovery, solvency crisis. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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