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Stimulus Package Deal: Did Partisanship Stop at the Water’s Edge?

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The “American Recovery and Reinvestment Act” of 2009, the proposed government stimulus package,, is set to be introduced sometime in the very near future. The legislation is supposed to focus on job creation, state and local stabilization, infrastructure and energy efficiency, among other things. How effective was the new administration at getting what they wanted into the proposed legislation?

Some brief points of the bill are as follows:

$454 million aimed at modernizing Agriculture Research Facilities
$350 million for Watershed and Flood Prevention Operations
$2.825 billion for broadband loans and loan guarantees
$3 billion for the Edward Byrne Memorial Justice Assistance Grant (anyone know what that is?)
$400 million for “Science” (that’s really what the bill says)
$4.5 billion to improve, repair, and modernize Department of Defense facilities
$250 million for the Mississippi River and its tributaries
$335 million for HIV and sexually transmitted diseases prevention programs

The bill isn’t all pork, however. There are several good provisions, including money allocated for small business tax relief. But the real question you probably have right now is, “so what?”

I don’t know how many of you are planning on getting jobs in the next 6-12 months, but if you are than this bill will directly affect you.
I don’t know how effective this piece of legislation will be at increasing jobs or capital. I don’t know how effective it will be at lessening the burden that many American’s are shouldering right now. I don’t know how effective it will be at increasing government transparency (another main portion of the bill). That is all to be determined, based on the final language of the bill and the response of the market. But if the aim of the Obama Administration is to create jobs and lift us out of this recession, I doubt that increasing our funding of “science” is going to accomplish that.


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