Hope & Change Update: AP-Road projects don't help unemployment

Discussion in 'Economy' started by Neotrotsky, Jan 11, 2010.

  1. Neotrotsky
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    Neotrotsky Council to Supreme Soviet

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    Hope & Change Update:AP-Road projects don't help unemployment or this got by editor’s desk?

    WASHINGTON – Ten months into President Barack Obama's first economic stimulus plan, a surge in spending on roads and bridges has had no effect on local unemployment and only barely helped the beleaguered construction industry, an Associated Press analysis has found.
    Spend a lot or spend nothing at all, it didn't matter, the AP analysis showed: Local unemployment rates rose and fell regardless of how much stimulus money Washington poured out for transportation, raising questions about Obama's argument that more road money would address an "urgent need to accelerate job growth."
    Obama wants a second stimulus bill from Congress that relies in part on more road and bridge spending, projects the president said are "at the heart of our effort to accelerate job growth."
     
  2. WillowTree
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    WillowTree Diamond Member

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    I told everybody a long time ago when they were ramming this emergency stimulus through that the illegals would get those jobs and Americans would still be unemployed.. Yep I did...
     
  3. TheSuaveOne
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    TheSuaveOne Man without a party

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    Do you have proof of this happening?

    -TSO
     
  4. American Horse
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    American Horse AKA "Mustang"

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    No doubt that few jobs will have been "created", but some jobs will have been "saved" in the offsite production of the materials going into projects.
     
    Last edited: Jan 11, 2010

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