Tuesday, January 12, 2010

A Bridge to Nowhere


The U.S. population is currently 308 million, give or take a few. Pretty much the whole population is mired in this recession. The article below reports that the recent $20 billion economic stimulus focused on road and bridge construction had no effect on unemployment numbers. I'm shocked! Let's see - we put say 10,000 people to work all over the U.S. out of a population of 308,000,000 and we pump in $20 billion into an economy of $15 trillion and we're surprised there's no effect. C'mon! A better way to think of this is as a rather large political payback for campaign support - that's the Chicago way!

I will believe that the Feds are serious about resurrecting the economy rather than getting themselves reelected when they reduce taxes across the board and leave more money in the hands of the rest of America. Only then, with millions of Americans making their own millions of economic choices with their money across the length and breadth of the United States, will the water level start to rise across the board and refloat this economy.

www.oregonlive.com/business/index.ssf/2010/01/stimulus_dollars_for_road_jobs.html

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