sitemeter

Wednesday, February 04, 2009

The stimulus bill

$100 billion jolt of 'green stimulus'

Transit Paradox: Ridership Up, Services Down
Wednesday February 4, 2009

Stimulus: Economic Boon or Bloated Bust?
BU experts pick apart the plan
BU Today staff

Stimulus package: Big money, huge plans
Where $800 billion would go and what it might produce
Janet Hook, Noam Levey, Jim Puzzanghera, Richard Simon and Jim Tankersley contributed to this report Washington Bureau
February 1, 2009

...The bill also increases by $7,500 the tax credit for first-time home buyers, if they make less than $75,000 a year. It provides a new tax credit for up to $2,500 in college tuition and related expenses for people earning less than $80,000 a year....

...In addition to the $30 billion for highway and bridge construction and maintenance, the bill provides $20 billion for school projects, from repairs to projects such as installing solar roofs. Among other provisions: $3 billion for airport improvements; $2.5 billion for new commuter or other light rail systems; $2 billion to modernize existing transit systems; $1.1 billion to improve intercity passenger rail service.The measure also provides $4.5 billion to the Army Corps of Engineers for "environmental restoration, flood protection, hydropower, and navigation infrastructure critical to the economy"; $3.1 billion for infrastructure projects on federal lands; and $1.5 billion to make low-income housing using green technologies


Yeah. From what I've seen the amount that is headed for long term sustainability seems like a pretty small portion of $800 billion. In a country where next fucking quarter's earnings are stressed to a ridiculous degree, this does not surprise me.

We suck at long term planning. Nobel-prize-winning physicist Steven Chu, the new head of Energy is concerned about climate change affecting California's farms.


According to the California Department of Food and Agriculture, "California agriculture is nearly a $36.6 billion dollar industry that generates $100 billion in related economic activity."

No comments:

Post a Comment