Are Democrats USING the recession as an EXCUSE to PUSH through spending PROPOSALS that won't IMPACT...?
the economy until after the recession is over? http://news.yahoo.com/s/ap/20090120/ap_on_go_pr_wh/obama_stimulus Less than half of the $30 billion in highway construction funds detailed by House Democrats would be released into the economy over the next four years, concludes the analysis by the Congressional Budget Office. Less than $4 billion in highway construction money would reach the economy by September 2010. The economy has been in recession for more than a year, but many economists believe a recovery may begin by the end of 2009. That would mean that most of the infrastructure money wouldn't hit the economy until it's already on the mend. Overall, only $26 billion out of $274 billion in infrastructure spending would be delivered into the economy by the Sept. 30 end of the budget year, just 7 percent. Just one in seven dollars of a huge $18.5 billion investment in energy efficiency and renewable energy programs would be spent within a year and a half.
Asked By: demhater - 1/22/2009
Best Answer - Chosen by Asker
Who, in their right mind thinks that construction DEVELOPERS are in need of any bailout funds? They already have enough dough to pay off local legislators to get their concrete shopping centers (Walmart) and condominiums constructed, which does little to promote the inner cities, small town economies and existing... More
Answered By: CaliGirl - 1/22/2009
Additional Answers (4)
Yes, they even said so. One said that they need to use this 'emergency' to get their agendas through... More
Answered By: Repairmanjack - 1/22/2009
Dirty little secret exposed.Expect to be deleted.The Liberals do not want the truth , just the warm and fuzzies.The economy will fix itself , we do not need to spend a trillion plus dollars to make it all better.
Answered By: Tom S is awsome - 1/22/2009
Either way, the infrastructure could stand an update. That bridge in Minnesota that collapsed was a reminder of how old some of this stuff is... More
Answered By: Jimmy Jazz - 1/22/2009
It doesn't matter, most of the highway construction needed to be done anyway. Personally I like being able to drive on a good road and over bridges that have been properly maintained.
Answered By: Drixnot - 1/22/2009
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