There have been renewed calls, from both sides of the political aisle, to increase U.S. government spending on transportation infrastructure. Is this wise? The analysis presented shows that while the 2009 American Recovery and Reinvestment Act provided $28 billion to state governments, the amount of actual highway infrastructure spending following the Act’s passage barely changed. The data presented suggests that most states cut their own contributions to highway infrastructure, freeing up state dollars for other uses, and the overall annual value of construction put in place for public highways barely budged.
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About Altus Wealth
Altus Wealth Management, based in Ft. Mitchell, Kentucky is a wealth management firm
providing investment management and financial planning services. Each partner
serving client accounts is a CERTIFIED FINANCIAL PLANNER. Altus serves clients nationwide with a focus on serving clients in the Cincinnati, Northern
Kentucky and Indiana area.
Medical Expenses for Those Over Age 65
The 2009 Recovery Act: Did it improve the Nation’s Highways and Bridges?
Evaluating the current P/E ratio of U.S. Equities