Saturday, December 1, 2012

More Federal Money for South Dakota

Link to The Rapid City Journal.
The U.S. Agriculture Department reports that its rural development program has provided about $459 million in grants and loans to rural South Dakota communities in the past year.
The program support projects that involve housing, business and community development, water and wastewater systems, energy production, distance learning and telecommunications.
To put this in perspective, look at the amount of money given solar companies that went bankrupt this past year.

Less than one-half billion dollars to the entire state of South Dakota: count the number of solar energy companies that went bankrupt (or likely to go bankrupt) that got that much or more. So it goes.

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