Monday, August 3, 2009

Stimulus Bill Waste

I know some people might consider the title of this post to be a bit redundant, but check this out anyway. I was driving home from a mountain weekend in Tennessee yesterday and I saw a sign that looked like this:


It's basically saying that the highway project that you're entering is funded by the stimulus bill. According to the Chicago Tribune there were "4,840 highway projects funded through the Recovery Act nationwide as of June 22." They also called around to find out the cost of one of the signs pictured above. They received estimates ranging from $400-1,200. Split the difference of the estimates and you have $800 per sign. $800 x 4840 = $3,872,000. Almost $3.9 million just for useless road signs that the government is using to try to fool us into thinking that the stimulus bill is actually working! The stimulus bill is what it is. It's now a moot point (or as Joey from Friends would say... "it's moo."), but rather than wasting $3.9 million on useless road signs why don't we at least fix another road?

5 comments:

  1. It's about time this blog had a Friends reference.

    ReplyDelete
  2. I wonder how much the mission accomplished sign cost? 2 trillion>?

    ReplyDelete
  3. Believe you me, this ain't nothin compared to other Colorado roadwork projects. Ya know, I-25 always is "under construction," the real problem roads with potholes and rockslides are ignored, not to mention the some $25K project to COME UP WITH A NAME for one of these non-projects. Yay for wise legislative budgeting.

    ReplyDelete
  4. "It's like a cow's opinion... It's 'moo'."

    I'm enjoying the blog so far Patrick. I got the link from my Grandpa yesterday. Good stuff.

    Take care,

    Devon

    ReplyDelete
  5. Technically it's not completely wasted. You have somebody operating the company and equipment to produce the sign. The sign has parts that come from somewhere else too. So the supplier also gets paid for his parts.

    It is MOSTLY wasteful since it's spent on politicing rather than on simple necessary information distribution.

    Good post. I gotta make sure to keep up with them. I really like the Friends reference too ;-)

    ReplyDelete