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Stimulus hits home

San Diego Union-Tribune --At least $1.77 billion in federal stimulus money is headed to projects and programs in San Diego County, from the trolley in San Ysidro to bus lanes in Oceanside to gang suppression in Lemon Grove.

...University of San Diego economist Alan Gin said the money could provide a lift for the region, which lost 55,000 jobs between June 2008 and June 2009.

"Given how bad the situation is, anything positive would help," Gin said. "But it's probably not enough to turn around the economy by itself." For every dollar of stimulus money, Gin figures another is generated because it gets spent by the recipient. Therefore, the $1.77 billion could translate into a $3.54 billion impact. (Full Story)