Wacky Idea
So Krugman and Atrios and various other real economist-types are worrying today about the Federal government not being able to find enough shovel-ready infrastructure projects to spendstimulus money on so that the money gets spent immediately and the stimulus gets felt ditto. Well, here's an infrastructure job I haven't seen mentioned yet: how about we rebuild New Orleans? For that matter, how about we clean up the Texas coast in the wake of Hurricane Ike? Plus whatever other recovery projects are still on FEMA's books for that matter?
It seems to me that we could spend a whole bunch of money on projects that are already pending if we could just unblock the flow of funding and approvals that's constipating FEMA.
First they'd have to get their thumb out, though.
It seems to me that we could spend a whole bunch of money on projects that are already pending if we could just unblock the flow of funding and approvals that's constipating FEMA.
First they'd have to get their thumb out, though.