A couple of weeks ago, I read an article of interest in the Business section of the Los Angeles Times, which caught my eye because of its title: Telecom Companies Reject Stimulus Money.
The headline piqued my interest because, after all, isn’t in en vogue these days to take big handouts from Uncle Sam for your big business? Didn’t Congress pass, at the President’s request, a massive “stimulus” bill to move money into the economy by investing it into, among other things, infrastructure growth?
We’re seen banks take billions, as well as the auto industry – just to point out two obvious recipients of President Obama’s largesse.
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