Our Congresswoman, Carol Shea Porter proudly reported today that she had secured all of $1.5 million to fund two local New Hampshire projects. One million of this was for streetscape improvements in the Gaslight District in Manchester and $500,000 for infrastructure improvements for the Berwick Bridge in Somersworth.
Great, thank you! In the meantime, the State Department of Transportation has a Red List of 77 bridges most in need of repair. The projected cost, according to DOT, would be $403 million. The DOT estimates that there are resurfacing needs on highways that would cost $58.7 million. A quick calculation shows that this appropriation represents 3/10 of one percent of what New Hampshire needs.
Tag Archives: stimulus
You’ve Got To Be Kidding Me!
Posted in Infrastructure, New Hampshire, Stimulus Plan, The Economy Also tagged Healthcare, infrastructure, New Hampshire, stimulus package 1 Comment
The Only Way the Economy Will Rebound
One of the dangers of all this historically unprecedented spending is that it will spark a very dangerous new round of inflation. Never mind the spenders argue, before inflation can get started, we will pull the money out of the system. This of course sounds very much like the drug user who says that he is not hooked and can quit anytime. Washington does not work that way and never has; real spending cuts have rarely been seen. A brief history of the size of government as a percent of GDP shows that government never shrinks. At best, it plateaus from time to time.
Posted in Stimulus Plan, The Economy Also tagged federal reserve, financial sector, government spending, Healthcare, Inflation, recession, regulatory system, spenders Leave a comment