Government Transfers Are Vital to Local Economies
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Government Transfers Are Vital to Local Economies
In a recent working paper, Equitable Growth grantee Robert Manduca of the University of Michigan, Ann Arbor demonstrates that government transfers make sizable contributions to local economies in much of the United States—and, in many places, comprise a larger part of the local economic base than the largest local private industry. This finding is relevant following the passage of the Republican budget reconciliation bill, which makes extensive …
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