Stimulus funds $505 million in MN highway projects

WASHINGTON, D.C. — More than $500 million in federal stimulus money has been obligated to highway projects across Minnesota in the year since the stimulus law took effect, according to a figures released by the Department of Transportation and Vice President Joe Biden.

A total of 204 Minnesota projects have been funded, 147 of which are underway. Nationally, more than $26 billion has been committed to highway projects under the stimulus.

“Construction projects across the country are already creating jobs and upgrading our nation’s infrastructure, but we’re just getting started,” Biden said in a statement. “Because these projects were funded on-time and, in many cases, under-budget, we’re going to be able to put even more people to work improving our highways just as the spring construction season kicks into high-gear.”

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Comments (3)

  1. Submitted by Bill Coleman on 03/02/2010 - 07:01 pm.

    All this highway construction is sure not to create any jobs, right Governor?

  2. Submitted by Roger Iverson on 03/04/2010 - 09:21 am.

    Remember Pawlenty’s talking point on this. These are not real jobs. Jobs created by government, funded by government, stimulated by government are not real jobs. He believes that only private sector job creation is real. So all the fire protection, police, teachers, road construction workers, and so on, don’t really work. They are living off the public dole. Isn’t the governor’s salaried postion a government funded job?

  3. Submitted by Richard Schulze on 03/06/2010 - 09:43 pm.

    You can’t have robust growth without credit or consumers, both of which are still missing in action in our last conflagration.

    With tens of millions wiped out, and most of the rest recovering from a halving of their net worth, don’t hold your breath for a consumer spending boom. Sure, there were a few more in the stores this Christmas, but most of those were probably shoplifters. Frugality is here to stay.

    They have also probably figured out that starving, bankrupt consumers don’t buy much. Perversely, this means that productivity will keep soaring, as will corporate profits, which is how the stock market is able to hold its own.

    The housing bubble helped America stay near full employment for a few years. Besides other things such as home ownership and asset inflation, the housing bubble worked as an enormous job creation program. This helped offset the move of manufacturing offshore – you can make TVs or clothes in China, but you can’t build houses for Americans in China. Now that the housing bubble is over, these jobs look like they are gone for good.

    So tax cuts, please explain once again how that works to our advantage….

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