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Friday, July 10, 2009

Spending the Stimulus Money

Two thirds of all Americans live in metropolitan areas, and they live with traffic jams, pot holed roads and unsafe bridges. Nevertheless, the New York Times reports that the 100 largest metro areas have received less than half of the stimulus money awarded to date. The reason is simple. Congress gave STATE GOVERNMENTS the right to allocate how the money is spent and state governments are notorious for favoring rural constituencies over metropolitan voters.

In our book, The Great Recession Conspiracy, we described how to get the fastest results from the stimulus money, and that is to give it to MAYORS! Every mayor knows what is needed in his/her city, knows how to spend the money to get the best, fastest results. And they are on record that they would be happy to provide detailed accounts of how they spent the money.

But it seems it is politics as usual in Washington and that means your money is getting wasted and there is precious little to show for it!

Talk about reducing our dependence on foreign oil? The Texas Transportation Institute estimates that we wasted 2.8 Billion gallons of gas waiting in traffic jams last year.

Politics as usual and Change You Can Believe In is fast disappearing.

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