So congress passed the $800+ billion stimulus plan with nary a Republican vote, and we have Washington still not getting it that they are supposed to be figuring out how to fix the economy and not just kill it in new ways. Where is the strategic thinking in what projects should be funded by federal funds? The plan, here, is filled with pork ladden-nothing towards job creation projects. Some items are good ones, but why the pork? This is change?
It’s not like there’s been an absence of good ideas about how to fix things. Smart people know how to use high-impact projects to enhance infrastructure and competitiveness. Do these items look like either?
Law Enforcement
$3 billion for state and local law enforcement assistance.
$1 billion for community policing services.Department of Defense
$4.5 billion to modernize and repair Army barracks and other defense facilities.General Services Administration
$6 billion for construction and repair of federal buildings.
$1 billion for immigration facilities at ports of entry.Homeland Security
$250 million for salaries and construction at ports of entry.
$500 million for purchase and installation of explosive detection systems.
$150 million for alteration or removal of obstructive bridges.
h/t boingboing
The tubes being the tubes, eventually someone out there, dumped all the federal spending into a spread sheet and did some analysis. The highlights:
1. Ready to Go Construction, Maintenance or Upgrades – $86,687,300,000 (23.86%)
2. Government Administration – Salaries & Program Expenses – $33,433,750,000 (9.20%)
3. Government Administration – Redistributive Programs – $23,646,000,000 (6.51%)
4. Funding Toward Research – $16,270,000,000 (4.48%)
5. Funding Toward “Potential” Construction or Employment – $89,479,000,000 (24.63%)
6. Funding for “Potential” Government Projects or Employment – $102,810,000,000 (28.30%)
7. WTF??? – $10,9666,000,000 (3.02%)
A New York Times blog provides the obligatory pie chart:

And here’s the accompanying analysis:
The summary’s introduction says the bill will contain “$275 billion in economic recovery tax cuts and $550 billion in thoughtful and carefully targeted priority investments with unprecedented accountability measures built in.” But those accountability measures seem to have a giant loophole; in the “executive summary” of spending measures that immediately follows this grandiose statement, the various spending programs total only $518.7 billion. So they’re, you know, just $31.3 billion short. (To be fair, there’s a much, much longer list that follows that I have not yet had a chance to tally up, but I will hunt for the missing $31.3 billion there.)



While you and I no doubt differ on just what would be a positive stimulus in the economy I appreciate the even handed approach to this article.
I get so tired of the side taking that ignores the problems we get time after time so I appreciate your calling this stimulus plan the pork bill it is. If everyone would just admit that the stimulus never made it into this bill and hold our pols accountable instead of circling the party wagons maybe the pols would stop playing games and get some actual results whether it be a plan I would agree with, you would agree with or one that is mutually acceptable.
Brainflation: The debate about what would stimulate job creation, innovation, new markets etc is exactly the conversation we are all supposed to be having.
For the record, I would start by targeting spending allocations regionally to the areas that generate the jobs and taxes. So the Northeast gets transportation infrastructure dollars to offset a bunch of things. Same with California. So high speed rail and WIFI broadband (data transportation
) in the economic corridors to enable people, goods and services to compete globally.
There are about 23 slices of the stimulus pie.
STIMULUS = about 4-5 of them.
the rest are STEALTH PORK.
Stimulation items should be temporary in nature, targeted to create private sector jobs, and would be effective today.
All of the rest should be addressed as the economy proceeds to get healthy again and not before. We as Americans need to learn that we cannot continue to buy on credit. Sooner or later we will become a Bad Credit Risk and countries will stop lending us money and demand immediate repayment, then what do we do?
More delving into the Senate’s version, where even less short term stimulus finds its way in:
http://organizedexploitation.blogspot.com/2009/02/slicing-up-senates-spending.html
“FAT FREE” and come out of the Senate “Lean and Mean.”
I also still believe in the Tooth Fairy.