Zipline Conservative

January 11, 2010

Obama Bailout Transportation $$$$ (Who Is Getting The Money?)

Filed under: Politics — SwittersB @ 9:29 PM
Tags: , ,

“A surge of more than $20 billion in federal stimulus money for roads and bridges has had no effect on local unemployment rates, raising questions about President Barack Obama’s argument for billions more to address an “urgent need to accelerate job growth.”

Transportation Secretary Ray LaHood, after AP released its analysis, defended the administration’s recovery program Monday, writing on his blog that “DOT-administered stimulus spending is the only thing propping up the transportation construction industry.”

“Within the construction industry, the AP’s analysis found there was nearly no connection between stimulus money and the number of workers hired or fired since Congress passed the recovery program.”   Stimulus Plan Not Working

Advertisements

Leave a Comment »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: