[CPEO-IRF] Maryland's BRAC "Boom"

[Lenny Siegel <lennysiegel@gmail.com>]

BRAC's big boom is likely oversold

Opinion by Jay Hancock
Baltimore Sun (MD)
October 31, 2007

I have heard it from merchants. I've heard it from car dealers, Realtors 
and bankers. Sure, Maryland's economy is slowing, they concede. Homes 
are sitting empty. Store sales are sinking. Loans are going bust.

But the thousands of jobs that the Defense Base Closure and Realignment 
Commission is shifting here will not only keep Maryland out of trouble 
but ensure decent growth even if the country goes into recession.

If only it were so.

Base realignment will limit any pain, true. But the defense jobs moving 
here are a smaller part of the economy than many believe, and their 
potential effects have been widely exaggerated.


...

For the entire column, see
http://www.baltimoresun.com/business/bal-bz.hancock31oct31,0,6753682.column?coll=bal_business_util

--


Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org



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