Is the stimulus working? Truth be told, nobody knows

|  August 21, 2009 |

And this assessment is from a supporter of the stimulus.

We’ve said all along that the stimulus was more about paying off political supporters and less about actually stimulating the economy. As a result the money was frittered away in hundreds of little programs, and less than one in seven stimulus dollars were allocated for infrastructure construction.

A better plan would have been to split the money three ways: infrastructure construction, investments in manufacturing and small businesses and relief for the unemployed. The first two would have done a lot more to create jobs than paying people to weatherize homes on Indian reservations (which, yes, is part of the stimulus package).  And a jobless recovery is no recovery at all.

And these people want to take over health care?

More About: 

Do you want some tips to stay safe on the job site?

Equipment World has created an entire section devoted to safety.

Click here to check it out. »

 

Here are the most recent tips we've posted:

Hauling headaches: Know your load limits when trailering equipment

One-man machines: The operator should be the only person on a wheel loader

advertisement
advertisement
advertisement
advertisement