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Reply #44: It's a pool of money... [View All]

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Chan790 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-25-11 06:53 AM
Response to Reply #27
44. It's a pool of money...
set aside for low-interest-rate loans to states, municipalities and select federal agencies for funding infrastructure projects that are hammer-ready and not already budgeted to be completed or were cut to balance budgets. A shitty half-measure WPA with strings attached. The biggest problem with it though is that they simply aren't talking about enough money to make a difference and when it fails to make a difference, it will be once again pointed to as proof that direct-stimulus for infrastructure (like WPA) doesn't work. Note the elephant in the room: This is not direct stimulus.
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