Saturday, March 5, 2011

Making Money Job


It was a nice idea. Today the unemployment rate is hovering above 9 percent—better than it would have been without the stimulus, most experts agree, but still painfully high. Why didn’t we get more for our money?


While liberals and conservatives alike blame the stimulus itself—It wasn’t big enough! It was never going to work!—the problem may have more to do with how the money was spent. It’s not enough just to inject money into infrastructure, because not all transportation funding is created equal—or at least, it doesn’t create jobs at an equal rate. As any infrastructure policy wonk can tell you, money spent on fixing up existing systems or building mass transit delivers more jobs, and faster, than building new highways. With their wallets bulging with their federal allowance, the states were allowed to spend $26.6 billion of the American Recovery and Reinvestment Act money however they saw fit.


A new study shows that most states didn’t end up making the most of the windfall. The report by the transportation research group Smart Growth America found that states spent more than a third of the money on building new roads—rather than working on public transportation and fixing up existing roads and bridges. The result of the indiscriminate spending? States missed out on potentially thousands of new jobs—and bridges, roads, and overpasses around the country are still crumbling. Meanwhile, the states that did put dollars toward public transportation were richly rewarded: Each dollar used on transit was 75 percent more effective at putting people to work than a dollar used for highway work.


The government meant to get the biggest bang for its buck, with “shovel-ready projects.” But building miles of new roads requires planning, land acquisition, and other lengthy steps that put fewer workers on the job immediately.





Mandel Ngan / Getty Images


The government, of course, meant to get the biggest bang for its buck. The stimulus bill forced states to spend their allocated cash quickly, which was intended to get them to fund maintenance needs—“shovel-ready projects”—that had already been identified. Building miles of new roads, on the other hand, requires planning, land acquisition, and other lengthy steps that put fewer workers on the job immediately.


Some states did that. Sue Minter, Vermont’s deputy transportation secretary, says a longstanding “fix-it-first” policy for infrastructure and bipartisan collaboration shaped Vermont’s decisions about how to use the funds. The state spent all of its highway money on system maintenance, with a small amount going to mass transit. (Minter, a Democrat, was a member of the state legislature at the time.) “This shot of money into our economy was very, very significant. It’s part of the reason we have a relatively low unemployment rate,” she says. Only 5.8 percent of Vermont residents are out of work, one of the nation’s lowest rates. State research shows that ARRA funding employed 11,000 people—a small number overall, but a significant one in a small state. Minter says the maintenance was important for keeping economic growth, particularly in tourism, strong.


Other states, however, took a different tack. Arkansas used 81 percent of its money for new projects and none on transit; it also has a higher unemployment rate than Vermont. And unlike other states near the bottom of the list, just 38 percent of its roads are in good condition, according to a report by the American Association of State Highway and Transportation Officials, a trade organization.









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    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/yvessaintlaurent
    yvesstlaurent
    Yves Saint Laurent Menswear
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/yvessaintlaurent/thumbnails/1.jpg
    20090626
    Menswear


    http://videos.nymag.com/video/YSL-Menswear-Spring-2010





    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/givenchy
    givenchy
    Givenchy Menswear
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/givenchy/thumbnails/1.jpg
    20090626
    Menswear


    http://videos.nymag.com/video/Fashion-Studio-Riccardo-Tisci





    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/commedesgarcons
    commedesgarcons
    Comme des Gar�ons Menswear
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/commedesgarcons/thumbnails/1.jpg
    20090626
    Menswear








    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/woolrichwoolenmills
    woolrichwoolenmills
    Woolrich Woolen Mills Menswear
    Milan
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/woolrichwoolenmills/thumbnails/1.jpg
    20090626
    Menswear








    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/vanbeirendonck
    vanbeirendonck
    Walter Van Beirendonck Menswear
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/vanbeirendonck/thumbnails/1.jpg
    20090626
    Menswear








    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/cerruti
    cerruti
    Cerruti Menswear
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/cerruti/thumbnails/1.jpg
    20090629
    Menswear








    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/johngalliano
    johngalliano
    John Galliano Menswear
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/johngalliano/thumbnails/1.jpg
    20090629
    Menswear


    http://videos.nymag.com/video/Galliano-Menswear-Spring-2010





    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/kenzo
    kenzo
    Kenzo Menswear
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/kenzo/thumbnails/1.jpg
    20090629
    Menswear








    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/miharayasuhiro
    miharayasuhiro
    Miharayasuhiro
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/miharayasuhiro/thumbnails/1.jpg
    20090629
    Menswear








    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/rafsimons
    rafsimons
    Raf Simons Menswear
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/rafsimons/thumbnails/1.jpg
    20090629
    Menswear


    http://videos.nymag.com/video/Raf-Simons-Menswear-Spring-2010





    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/anndemeulemeester
    anndemeulemeester
    Ann Demeulemeester Menswear
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/anndemeulemeester/thumbnails/1.jpg
    20090629
    Menswear








    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/dunhill
    dunhill
    Dunhill Menswear
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/dunhill/thumbnails/1.jpg
    20090629
    Menswear








    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/hermes
    hermes
    Herm�s Menswear
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/hermes/thumbnails/1.jpg
    20090629
    Menswear








    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/bernhardwillhelm
    bernhardwillhelm
    Bernhard Willhelm Menswear
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/bernhardwillhelm/thumbnails/1.jpg
    20090630
    Menswear








    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/lanvin
    lanvin
    Lanvin Menswear
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/lanvin/thumbnails/1.jpg
    20090629
    Menswear


    http://videos.nymag.com/video/Lanvin-Menswear-Spring-2010





    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/diorhomme
    dior-homme
    Dior Homme
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/diorhomme/thumbnails/1.jpg
    20090629
    Menswear


    http://videos.nymag.com/video/Dior-Menswear-Spring-2010





    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/paulsmith
    paulsmith
    Paul Smith Menswear
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/paulsmith/thumbnails/1.jpg
    20090629
    Menswear


    http://videos.nymag.com/video/Paul-Smith-Menswear-Spring-2010





    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/unity
    unity
    U-NI-TY Menswear
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/unity/thumbnails/1.jpg
    20090629
    Menswear








    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/martinmargiela
    martinmargiela
    Maison Martin Margiela
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/martinmargiela/thumbnails/1.jpg
    20090630
    Menswear








    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/agnesb
    agnesb
    agn�s b. Menswear
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/agnesb/thumbnails/1.jpg
    20090629
    Menswear








    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menbackstage/louisvuitton
    louisvuitton
    Backstage at Louis Vuitton
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menbackstage/louisvuitton/thumbnails/1.jpg
    20090630
    backstage
    With Fergie, Bradley Cooper, and Antoine Arnault.
    Backstage at Louis Vuitton






    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menbackstage/hugohugoboss
    hugohugoboss
    Backstage at Hugo by Hugo Boss
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menbackstage/hugohugoboss/thumbnails/1.jpg
    20090630
    backstage
    With Adrien Brody, Carine Roitfeld, and Julia Restoin-Roitfeld.
    Backstage at Hugo by Hugo Boss






    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menbackstage/jeanpaulgaultier
    jeanpaulgaultier
    Backstage at Jean Paul Gaultier
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menbackstage/jeanpaulgaultier/thumbnails/1.jpg
    20090630
    backstage
    With Fergie and Jean Paul Gaultier.
    Backstage at Jean Paul Gaultier






    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menbackstage/rickowens
    rickowens
    Backstage at Rick Owens
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menbackstage/rickowens/thumbnails/1.jpg
    20090630
    backstage
    With the designer and his cast of models.
    Backstage at Rick Owens






    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menbackstage/diorhomme
    dior-homme
    Backstage at Dior Homme
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menbackstage/diorhomme/thumbnails/1.jpg
    20090630
    backstage
    With Karl Lagerfeld and Usher.
    Backstage at Dior Homme






    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/timhamilton
    timhamilton
    Tim Hamilton Menswear
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/timhamilton/thumbnails/1.jpg
    20090630
    Menswear








    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/viktorandrolf
    viktorandrolf
    Viktor & Rolf Menswear
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/menrunway/viktorandrolf/thumbnails/1.jpg
    20090630
    Menswear








    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/mendetails/paulsmith
    paulsmith
    Paul Smith Menswear Details
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/mendetails/paulsmith/thumbnails/1.jpg
    20090630









    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/mendetails/lanvin
    lanvin
    Lanvin Menswear Details
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/mendetails/lanvin/thumbnails/1.jpg
    20090630









    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/mendetails/diorhomme
    dior-homme
    Dior Homme Details
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/mendetails/diorhomme/thumbnails/1.jpg
    20090630









    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/mendetails/hermes
    hermes
    Herm�s Menswear Details
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/mendetails/hermes/thumbnails/1.jpg
    20090702









    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/mendetails/johngalliano
    johngalliano
    John Galliano Menswear Details
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/mendetails/johngalliano/thumbnails/1.jpg
    20090702









    http://nymag.com/fashion/fashionshows/2010/spring/main/europe/mendetails/commedesgarcons
    commedesgarcons
    Comme des Gar�ons Menswear Details
    Paris
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/europe/mendetails/commedesgarcons/thumbnails/1.jpg
    20090702









    http://nymag.com/fashion/fashionshows/2010/spring/main/newyork/menrunway/michaelbastian
    michaelbastian
    Michael Bastian
    New York
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/newyork/menrunway/michaelbastian/thumbnails/1.jpg
    20090917
    Menswear








    http://nymag.com/fashion/fashionshows/2010/spring/main/newyork/menrunway/commonwealthutilities
    commonwealthutilities
    Commonwealth Utilities
    New York
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/newyork/menrunway/commonwealthutilities/thumbnails/1.jpg
    20090924
    Menswear








    http://nymag.com/fashion/fashionshows/2010/spring/main/newyork/menrunway/thombrowne
    thombrowne
    Thom Browne
    New York
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/newyork/menrunway/thombrowne/thumbnails/1.jpg
    20090913
    Menswear


    http://videos.nymag.com/video/Thom-Browne-Spring-2010-Collect





    http://nymag.com/fashion/fashionshows/2010/spring/main/newyork/menrunway/richardchai
    richardchai
    Richard Chai - Love Menswear
    New York
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/newyork/menrunway/richardchai/thumbnails/1.jpg
    20090912
    Menswear








    http://nymag.com/fashion/fashionshows/2010/spring/main/newyork/menrunway/robertgeller
    robertgeller
    Robert Geller
    New York
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/newyork/menrunway/robertgeller/thumbnails/1.jpg
    20090924
    Menswear








    http://nymag.com/fashion/fashionshows/2010/spring/main/newyork/menrunway/philliplim
    philliplim
    3.1 Phillip Lim Menswear
    New York
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/newyork/menrunway/philliplim/thumbnails/1.jpg
    20090911
    Menswear


    http://videos.nymag.com/video/Phillip-Lim-Spring-2010-Collect





    http://nymag.com/fashion/fashionshows/2010/spring/main/newyork/menrunway/buckler
    buckler
    Buckler
    New York
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/newyork/menrunway/buckler/thumbnails/1.jpg
    20090924
    Menswear








    http://nymag.com/fashion/fashionshows/2010/spring/main/newyork/menrunway/spurr
    spurr
    Spurr
    New York
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/newyork/menrunway/spurr/thumbnails/1.jpg
    20090916
    Menswear








    http://nymag.com/fashion/fashionshows/2010/spring/main/newyork/menrunway/duckiebrown
    duckiebrown
    Duckie Brown
    New York
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/newyork/menrunway/duckiebrown/thumbnails/1.jpg
    20090910
    Menswear








    http://nymag.com/fashion/fashionshows/2010/spring/main/newyork/menrunway/victorglemaud
    victorglemaud
    Victor Glemaud
    New York
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/newyork/menrunway/victorglemaud/thumbnails/1.jpg
    20090914
    Menswear








    http://nymag.com/fashion/fashionshows/2010/spring/main/newyork/menrunway/generalidea
    generalidea
    General Idea Menswear
    New York
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/newyork/menrunway/generalidea/thumbnails/1.jpg
    20091013
    Menswear








    http://nymag.com/fashion/fashionshows/2010/spring/main/newyork/menrunway/patrikervell
    patrikervell
    Patrik Ervell Menswear
    New York
    Spring
    2010
    http://images.nymag.com/fashion/fashionshows/2010/spring/main/newyork/menrunway/patrikervell/thumbnails/1.jpg
    20100503
    Menswear









bench craft company

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On our current trajectory, the unemployment rate will continue to decline. But so will the pay and benefits of most Americans. The real story isn't about jobs, it's about the ever decreasing standard of living for the middle class.


bench craft company

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On our current trajectory, the unemployment rate will continue to decline. But so will the pay and benefits of most Americans. The real story isn't about jobs, it's about the ever decreasing standard of living for the middle class.


bench craft company

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New York Times editor Bill Keller hit out at Fox News for the second time in as many months—only this time, he went after people who watch the network. As The Cutline's Joe Pompeo reported, Keller made the comments during an event at ...

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On our current trajectory, the unemployment rate will continue to decline. But so will the pay and benefits of most Americans. The real story isn't about jobs, it's about the ever decreasing standard of living for the middle class.


bench craft company

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openSUSE Weekly <b>News</b>, Issue 165 is out! - openSUSE <b>News</b>

And good news for those anxious to adapt their applications to GTK3 or write new applications with this latest GNOME framework: openSUSE 11.4 is the first major linux distribution to ship GTK 3.0 so developers, Start Your IDE's! ...

Robert Reich: The Real <b>News</b> on Jobs

On our current trajectory, the unemployment rate will continue to decline. But so will the pay and benefits of most Americans. The real story isn't about jobs, it's about the ever decreasing standard of living for the middle class.


bench craft company

Bill Keller: Fox <b>News</b> Viewers &#39;Among The Most Cynical People On <b>...</b>

New York Times editor Bill Keller hit out at Fox News for the second time in as many months—only this time, he went after people who watch the network. As The Cutline's Joe Pompeo reported, Keller made the comments during an event at ...

openSUSE Weekly <b>News</b>, Issue 165 is out! - openSUSE <b>News</b>

And good news for those anxious to adapt their applications to GTK3 or write new applications with this latest GNOME framework: openSUSE 11.4 is the first major linux distribution to ship GTK 3.0 so developers, Start Your IDE's! ...

Robert Reich: The Real <b>News</b> on Jobs

On our current trajectory, the unemployment rate will continue to decline. But so will the pay and benefits of most Americans. The real story isn't about jobs, it's about the ever decreasing standard of living for the middle class.


bench craft company

Bill Keller: Fox <b>News</b> Viewers &#39;Among The Most Cynical People On <b>...</b>

New York Times editor Bill Keller hit out at Fox News for the second time in as many months—only this time, he went after people who watch the network. As The Cutline's Joe Pompeo reported, Keller made the comments during an event at ...

openSUSE Weekly <b>News</b>, Issue 165 is out! - openSUSE <b>News</b>

And good news for those anxious to adapt their applications to GTK3 or write new applications with this latest GNOME framework: openSUSE 11.4 is the first major linux distribution to ship GTK 3.0 so developers, Start Your IDE's! ...

Robert Reich: The Real <b>News</b> on Jobs

On our current trajectory, the unemployment rate will continue to decline. But so will the pay and benefits of most Americans. The real story isn't about jobs, it's about the ever decreasing standard of living for the middle class.


bench craft company

Bill Keller: Fox <b>News</b> Viewers &#39;Among The Most Cynical People On <b>...</b>

New York Times editor Bill Keller hit out at Fox News for the second time in as many months—only this time, he went after people who watch the network. As The Cutline's Joe Pompeo reported, Keller made the comments during an event at ...

openSUSE Weekly <b>News</b>, Issue 165 is out! - openSUSE <b>News</b>

And good news for those anxious to adapt their applications to GTK3 or write new applications with this latest GNOME framework: openSUSE 11.4 is the first major linux distribution to ship GTK 3.0 so developers, Start Your IDE's! ...

Robert Reich: The Real <b>News</b> on Jobs

On our current trajectory, the unemployment rate will continue to decline. But so will the pay and benefits of most Americans. The real story isn't about jobs, it's about the ever decreasing standard of living for the middle class.


bench craft company

Bill Keller: Fox <b>News</b> Viewers &#39;Among The Most Cynical People On <b>...</b>

New York Times editor Bill Keller hit out at Fox News for the second time in as many months—only this time, he went after people who watch the network. As The Cutline's Joe Pompeo reported, Keller made the comments during an event at ...

openSUSE Weekly <b>News</b>, Issue 165 is out! - openSUSE <b>News</b>

And good news for those anxious to adapt their applications to GTK3 or write new applications with this latest GNOME framework: openSUSE 11.4 is the first major linux distribution to ship GTK 3.0 so developers, Start Your IDE's! ...

Robert Reich: The Real <b>News</b> on Jobs

On our current trajectory, the unemployment rate will continue to decline. But so will the pay and benefits of most Americans. The real story isn't about jobs, it's about the ever decreasing standard of living for the middle class.



What is an Internet Marketing Guru? by bhartzer




















































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