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Stimulus details vex supervisors
Stimulating talk at Spotsylvania meetingDate published: 6/24/2009 BY DAN TELVOCK Spotsylvania County has applied for more than $50 million in federal stimulus funds. Now supervisors may not want some of it. Meanwhile, the Board of Supervisors moved forward with what Supervisor Gary Jackson said was an unprecedented effort by a local government to stimulate its own economy. Nancy Miller, an executive with the tax consulting firm of Miller Foley Group, gave an overview of the American Recovery and Reinvestment Act. She said the rules are written as quickly as the funds are announced, making it a difficult process to follow. She said the oversight will take substantial staff time on some grants and programs that are new to local governments. Supervisor Jerry Logan called the regulations "scary." The county has not received a penny of stimulus funds yet, but a $25 million award has been announced to widen a section of State Route 3. Logan said if 100 percent of the rules are not followed, then the county could be forced to pay the money back or lose it. Miller added that some of the new rules trickle down to contractors and their subcontractors, who are bound to hire at union wage scales. "This is very troubling to me that there are so many pitfalls with this stimulus money, and we really need to think long and hard if we accept any of this money," Logan said. "And the fact we have to front the money is troubling as well." Supervisor Hap Connors said the state will get the stimulus funds for the Route 3 project and provide it to the localities. "I am not inclined to give back the Route 3 money," he said. Becky Golden, director of capital projects, said she is not worried about not getting the funds, or having to give them back. Connors asked Gail Crooks, county management analyst, if she had enough support to handle the stimulus program. "I cannot give a definite 'yes' or 'no' yet," she said, adding that she thinks staff is in a "good position" to handle the program's technical parts, but staffing could be a problem later.
Date published: 6/24/2009
It has also been widely and repeatedly reported
(posted by
mustang2
, June 25, 2009 6:13 pm)
that the so called stimulus has not been spent since few projects were shovel ready. Additionally the infrastructure elements of the so called stimulus were not scheduled for commencement until late 2010. Spending the money on infrastructure could have at least shown some results. Transportation funds were refused to localities where there were the greatest need if these locales were wealthy ones. Our northern Virginia gridlock not eligible-only poorer ones.
CONT - r u disagreeing with the premise behind
(posted by
larryg
, June 25, 2009 10:55 am)
the stimulus ( the Liquidity Trap -> Depression ) or are you
disagreeing which how the stimulus is being done?
If you buy the premise - but not the implementation then
you're not on the same page as GRAMPs who does not buy
the premise to start with - correct?
In Case anyone cares - Warren Buffet believes that we are
doing the correct thing here... as do quite a few others.
Obama and Bernanke (and Congress) could be dead wrong
- but in their JUDGMENT - as the people who must act -
they are.
what is a "stimulus"?
(posted by
larryg
, June 25, 2009 10:51 am)
Isn't a stimulus the govt spending money because the
private sector is not?
My point has been that Obama and Bernanke are basing
their policy on their belief that if they did not do the
stimulus that we would fall into a depression.
There is obviously disagreement but it is clear that they are
carrying out a purposeful strategy to the best of their ability.
Mustang says they are not doing a 'stimulus'. Okay - what
would be a "stimulus' if it is not what they are doing right
now?
are you disagreeing
Much Older But No Wiser
(posted by
2bCurious
, June 25, 2009 9:20 am)
Bitzburgh I'm glad you read my comment. You may have been a contractor in the county for 17 years but you have but you are misinformed. Instead of spending so much time on this website check out the Spotsy county website. Read the fee schedule, request the old fee schedule, do your research before making broad inaccurate statements that's all I'm saying. And it sounds like you need the counseling for that name calling problem you have.
Re: more reading...
(posted by
bhaas
, June 25, 2009 8:38 am)
If, as I suspect, this is Krugmans article on "stay the course' and not abandon the Obama strategy, I have already read it.
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