Charles_Main
AR15 Owner
We have heard a lot about so called shovel ready projects that will be in the stimulus.
Here are the facts.
First and foremost. The TOTAL of all Infrastructure spending in this bill is 50 Billion or only 12.5% of the total Bill.
Second Even if every project was ready to start tomorrow. They are all projects that will take months if not years to complete. The money is not spent up front but rather all along as the project progresses on Paying People, and buying materials, etc. The Average bridge or Highway Project takes from 1 to 4 years to complete. So this so called emergency Stimulus is really a multi year slow installment plan.
Third the very idea that most or even half of these projects are shovel ready is a blatant lie. As we will see as they begin to get rolling many of them will be held up with more studies, and court cases, and EPA findings.
The Vast majority of the rest of the stimulus, not spent on tax cuts, is spent on suring up Medicaid, and other non Stimulative endeavors.
I know I know it's over the Train has left the station, but That will not stop me from Pointing out over and over again, That the first thing Obama and the New Congress did was to Lie to us all, and enact the largest spending bill in our history, and try and pass it off as an emergency stimulus package. Using Fear mongering, and talking down the Economy to pass it.
Very poor start IMO.
Here are the facts.
First and foremost. The TOTAL of all Infrastructure spending in this bill is 50 Billion or only 12.5% of the total Bill.
Second Even if every project was ready to start tomorrow. They are all projects that will take months if not years to complete. The money is not spent up front but rather all along as the project progresses on Paying People, and buying materials, etc. The Average bridge or Highway Project takes from 1 to 4 years to complete. So this so called emergency Stimulus is really a multi year slow installment plan.
Third the very idea that most or even half of these projects are shovel ready is a blatant lie. As we will see as they begin to get rolling many of them will be held up with more studies, and court cases, and EPA findings.
The Vast majority of the rest of the stimulus, not spent on tax cuts, is spent on suring up Medicaid, and other non Stimulative endeavors.
I know I know it's over the Train has left the station, but That will not stop me from Pointing out over and over again, That the first thing Obama and the New Congress did was to Lie to us all, and enact the largest spending bill in our history, and try and pass it off as an emergency stimulus package. Using Fear mongering, and talking down the Economy to pass it.
Very poor start IMO.
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