Nilson: Private $$$ Good, But …

In October, Ron Nilson of Ground Force Manufacturing wrote the following in his My Turn column:

“Remember: Private investment in economy has a greater multiplier effect than public investment. See the graph from U.S. Bureau of Economic Analysis, above. Government investment has only a negligible multiplier effect.”  ( Click here .)

Now fast-forward to this week’s story in the Press about Ground Force Manufacturing:

“Ground Force received a $5,436 State Trade and Export Promotion (STEP) Grant distributed by the Idaho Department of Commerce and funded in part through a cooperative agreement with the U.S. Small Business Administration (SBA).” “The grant gave Ground Force funds to take four trips overseas to the Russian market. The trips enabled the company to form new relationships with end-user customers as well as new Caterpillar dealers.” ( Click here .)

DFO: Hmm.