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    Release the Kracken! Total_Blender's Avatar
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    Quote Originally Posted by Paul
    . i know for a fact that the stimulus money hasn't helped us nor has it had a chance to take effect. .
    This is very true... most of the stimulus money is still unspent as of right now. I know the higher ups here at the university are having meetings and trying to find projects for the stimulus money, and our state/local officials are as well. But there's a lot of red tape involved concerning how the money can be used... which is not necessarily a bad thing as they are trying to target the money to projects that will stimulate growth.

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    Moderator BanginJimmy's Avatar
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    Quote Originally Posted by Total_Blender
    But there's a lot of red tape involved concerning how the money can be used... which is not necessarily a bad thing as they are trying to target the money to projects that will stimulate growth.

    There is no reason to believe that infrastructure projects will stimulate growth in anything. At the very best it will prevent more drawbacks but even that is debatable.

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    Release the Kracken! Total_Blender's Avatar
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    Quote Originally Posted by BanginJimmy
    There is no reason to believe that infrastructure projects will stimulate growth in anything. At the very best it will prevent more drawbacks but even that is debatable.
    Ask people in Boston how they feel about the Big Dig. Whether or not it stimulated growth, it was sorely needed. A similar project in Atlanta would be great.

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    Moderator BanginJimmy's Avatar
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    Quote Originally Posted by Total_Blender
    Ask people in Boston how they feel about the Big Dig. Whether or not it stimulated growth, it was sorely needed. A similar project in Atlanta would be great.

    It doesnt seem to be going over all that well actually. We arent talking about what makes people feel good either. We are talking about stimulating the economy.

    http://wbztv.com/bigdig/big.dig.mass....2.773232.html


    I guess 50% cost overruns are good for the local and state economies. Also no money for other projects which mean no more people are going to work than before. There is just less being done.


    Quote Originally Posted by article
    Massachusetts spends 38 percent of its highway budget on debt, more than any other state. The state also pays almost 80 percent of its highway workers with borrowed money, the Globe reported.

    Widmer said the state will be forced to either add "user fees" on certain highways or raise the state's gas tax, both politically unpopular alternatives.
    Last edited by BanginJimmy; 04-16-2009 at 05:14 PM.

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