Feeling stimulated
By JR Hoeft | Wednesday, January 21st, 2009 | PolicyNRO posts that nearly $200B of the stimulus money won’t even start being spent until after 2010.
Er…I thought we needed the money yesterday?
(h/t: Right-Wing Liberal)
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JR Hoeft
Conservative to the core; liberal with his opinion! J.R. has been involved in politics for over a decade and has worked on several campaigns in Hampton Roads. He has served on the Executive Committee of the Republican Party of Chesapeake and the Central Committee of the Republican Party of Virginia. He is also the director of “Blogs United” in Virginia. E-mail J.R.. Follow J.R. on Twitter.
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2 Responses to "Feeling stimulated"
J.R.,
That’s the problem with spending money on infrastructure. It takes so long for it to get into the bloodstream.
However there is a certain constituency and their representatives in Congress that think that money spent on infrastructure is not wasted money. The taxpayer gets a long term return for the money spent.
I will note that one of the prime supporters of increased spending on the highway infrastructure is the trucking industry. However the heavyweights in the trucking industry are in favor of increasing fuel taxes to pay for the needed improvements and maintenance.
The American Trucking Associations (ATA) has come out in favor of a proposal to increase the federal fuel tax. The ATA membership includes most of the largest trucking firms in the business.
For those of you who might think the ATA members are nothing but a bunch of liberals, the fellah I am contracted to, Mr Duane Acklie, owner of the privately held Crete Carrier Corporation is amongst those who is a member and who has recently served as chairman of the organization. Mr Acklie’s political contributions for the 2008 election cycle came to $64,300 and not one dime of it went to a Democrat.
LD,
You’ll remember that it was former Del. Welch – a Republican – who came out in favor of a gas tax in the initial rounds of the transportation debate.
It’s not that Republicans balk at a user’s fee, it’s that it is thought of as unnecessary when we have other funding alternatives.
As for your point on government spending, there is no doubt that the big “G” is a stimulus…when it is spent. However, if the problem is “now”, the best course of action is a tax cut where the impact is immediate.
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