Trimess

Monday, March 5, 2012

ECONOMISTS SAY TRANSPORTATION BILLS DO NOT CREATE JOBS

WASHINGTON — The lure of roads, bridges, buses and trains isn’t enough anymore to drive an expensive transportation bill through Congress. So to round up votes, congressional leaders are pitching the bills as the hottest thing around these days: job generators.
But do they really create more jobs? Not really, is the answer from many economists. The bills would simply shift investment that was creating jobs elsewhere in the economy to transportation industries. That means different jobs, but not necessarily additional ones.

 Highway bills pitched by lawmakers as job generators, but are they really? Economists say no. - The Washington Post

No comments: