Local Economies Seek Own Revivals
Cities, counties and states across the nation are launching home-grown economic-stimulus plans aimed at spurring local spending and keeping small businesses afloat during the recession.
Some are taking the traditional route of cutting corporate taxes. Others are trying all sorts of ideas: Paying residents to shop in local stores; giving real-estate brokers bonuses for bringing tenants to empty strip malls; reducing fees on new development; even critiquing local restaurants and giving owners feedback on how best to bring in customers.
Here in Carrollton, just north of Dallas, council members have dipped into a budget surplus to create as many as 250 temporary jobs paying $8 to $10 an hour. Hiring will swing into gear this week for shifts planting trees, painting fire hydrants and sprucing up Little League fields.
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This article was originally posted on WSJ.com