Is this going to be the forthcoming economic battle

Across cities, there is a strong connection between an abundance of small firms and local growth. The last thing that the government should be doing is propping up big declining firms. Real innovations are far more likely to come from someone’s garage, which is where Chester Carlson came up with the Xerox machine during the Great Depression.

So writes Edward Glaeser,economics professor at Harvard.

He is refering to Barack Obama's economic stimulus plan and in particular the rescue packages for the car industry.

Ht-Andrew Sullivan