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dola (perhaps)
I read in the paper today that the Feds wants to authorize $383 billion for highway projects to create 2 million jobs (over 10 years, I think?). Since 1979, just Silicon Valley (San Jose metro area, CA) created over 1.2 million jobs (230,000 since 1992). The cost to federal taxpayers? Much less than $383b I suppose. Impact upon the federal budget decefit? Probably lowered it significantly instead of adding to it.
I know the value of a national infrastructure and support it but construction jobs come in waves regardless but the net effect seems to be the same - it's just a matter of how much the Feds have to step in and incur even more budget pressures than if it would do less.
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