AP Photo/Jeffrey Phelps
If you thought Obama was done spending your tax money to help stimulate the economy because, it worked so well last time, you were wrong. This time, Obama is proposing spending for $50 billion to be allotted for infrastructure. This is different, of course, from the infrastructure money that came from the $814 billion stimulus that was passed last year, which was focused more on "short-term." This money is for the "long haul.'
Right.
All that money spent and the unemployment rate is still near 10 percent.
Click title of post for full article.
Here's an interesting gem I found.
Stimulus money was given to states to repair our infrastructure, however the states are using the money elsewhere.
I know...SHOCKER, right?
The AP then researched each bridge using the latest inspection data available from the Transportation Department.
This analysis found that:
- Many states did not make bridge work a priority in stimulus spending. More than half plan work on fewer than two dozen bridges and 18 states plan fewer than 10 projects.
- In 24 states, at least half of the bridges being worked on with stimulus money were not deficient.
- In 15 states, at least two-thirds of the bridges receiving stimulus money are not deficient.
