Bait & Switch? Shovel Ready Stimulus Dollars Not Evident in “Shovel” Related Employment Figures
Rush pointed out today that while the hype was about stimulus dollars going to shovel ready jobs, much of the money went instead to budget deficits of states and municipalities, as evidenced in part by an unemployment rate in the construction industry of 22.7%.
Never to be outdone in Rhode Island, we went them one better: we used the money to plug some budget holes AND we jacked overall spending by 12%, very little of which went to “shovel” projects.
There would be little justification, stimulus or fiscal, for most of the stimulus spending anyway. That it was advertised as targeted to one thing and ended up elsewhere adds an unnecessary level of dishonesty and mistrust.