Analysis of the federal deficit and stimulus funds

Matt Yglesias has a blog post on the sources of the current federal deficit. The answer may surprise you. I am not opposed to deficit spending by the federal government during periods of economic downturn. My hope is that the spending will be focused on things that will pay long lasting dividends in future years. One such use of stimulus money might be ...

... alternative energy production. Dartmouth is hoping to install two wind turbines to generate power for town uses (see here as well). If stimulus money were to be used to help fund that, jobs would be created to build and erect the turbine, the town would realize energy cost savings for a couple decades, and our reliance on foreign energy sources would be reduced.
To that end Dr. DiPippo and several Select Board members are planning to meet briefly with our Congressman, Mr. Frank, when he visits New Bedford to inquire if our project might be able to get some of the stimulus funds.