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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (456989)2/16/2009 5:02:09 PM
From: i-node  Read Replies (1) | Respond to of 1575791
 
The critical point is that they knew the bridge had to be replaced. The problem was they would not have the money until after 2016 or something like that. They thought their maintenance would keep the bridge sound until 2020. They were wrong. Now how many other interstate bridges build at the same time have the same design flaws. The numbers are significant.

Perhaps. But these "projects", if they affected at all by the "stimulus" package, will be years off, making the expenditures anything but stimulative.

Contrast that with the New Deal, under which FDR, on handing the project to Harry Hopkins, created millions of new jobs between September 1 and March 31 the following year.

The sad truth is that this "stimulus" measure is more about socialism than it is about getting the economy moving.