Is the Stimulus Working for the Transportation sector?
The Nation Journal has a current article titled “Is the stimulus working for transportation” where they ask industry experts the following questions,
- When it comes to the transportation sector, has the stimulus made good on its promise or fallen short?
- What is the most appropriate way to measure its success or failure?
- How much time should we give it?
Similarly, how would you answer the same questions?
It has been six months since
Congress enacted a $787 billion stimulus package with the promise that it would boost the sagging economy, save and create jobs, and in the case of the $48 billion in transportation funding, jump-start the construction of “shovel-ready,” worthwhile projects. To date, the Department of Transportation says it has made more than $22 billion available to the states and approved more than 6,600 projects, with more than 3,200 of those projects already begun.
If you work in the transportation sector, we would love to hear your views on the subject.
