11-05-2009, 04:15 PM
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The People's Post
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Join Date: Dec 2008
Location: invisible 7-11
Posts: 64,721
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Quote:
Originally Posted by theking
Well if it is 55 billion implemented that is not even 10% of the package...and when you say the % allocated for infrastructure is trivial...I assume that you are referring to the 55 billion...as it was and is my understanding that a great deal of the stimulus package is to be spent on creating jobs in and building up our infrastructure. Unfortunately when it comes to what is said and what is actually done is very often quite different.
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Quote:
Core investments (roads, bridges, railways, sewers, other transportation)
Road and highway construction is the biggest single line infrastructure item in the final bill
Total: $51.2 billion
* $27.5 billion for highway and bridge construction projects
* $8 billion for intercity passenger rail projects and rail congestion grants, with priority for high-speed rail
* $6.9 billion for new equipment for public transportation projects (Federal Transit Administration)
* $6 billion for wastewater and drinking water infrastructure (Environmental Protection Agency)
* $1.3 billion for Amtrak
* $100 million to help public transit agencies
* $750 million for the construction of new public rail transportation systems and other fixed guideway systems.
* $750 million for the maintenance of existing public transportation systems
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http://en.wikipedia.org/wiki/America...nsportation.29
also, re: job creation via the stimulus package
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An analysis by Forbes publications of where most jobs will be created singles out engineering, accounting, nursing, and information technology, along with construction managers, computer-aided drafting specialists, and project managers. Unemployment rates among most of these specialists are not high.
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http://gregmankiw.blogspot.com/2009/...-stimulus.html |
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