Recent Streetsblog NYC posts about Federal Stimulus

Chuck Schumer and Nancy Pelosi have followed along with an exaggerated narrative about America's infrastructure needs, and that is leading them to dangerous conclusions. Pelosi photo: Wikimedia Commons; Trump photo: Gage Skidmore/Flickr; Schumer photo: NASA/Bill Ingalls, via Wikimedia Commons
STREETSBLOG USA

Chuck Schumer and Nancy Pelosi Are Falling for Infrastructure Propaganda

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We're going to see a lot of stories about Donald Trump and infrastructure in the next few months, and this reporting will be heavily influenced by a message that has been honed and perfected by the American Society of Civil Engineers. It will be important to see through these arguments and view the Trump infrastructure plan with clear eyes.
STREETSBLOG USA

Brookings: “Cash for Clunkers” Wasn’t Worth It

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Turns out paying people to buy cars isn’t a great policy for the economy or the environment. That’s the determination of a pair of Brookings Institution researchers who evaluated the effectiveness of the 2009 Cash for Clunkers program. The $2.85 billion program, part of President Obama’s economic stimulus package, produced only 2,050 “job-years,” according to researchers […]