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Stimulus spending goes to nuclear waste cleanup states

it’s not clear to me that this has much of a stimulative effect on the American macroeconomy

Gotcha on stimulus spending? Washington Examiner, By: Michael Barone, 2 April 2010, “…………lots of stimulus dollars went to the 4th district of Washington, which is on the other side of the Cascades from Olympia, and which with the South Carolina 3rd is the only non-state capital district among the top 25 districts on de Rugy’s list. What these two districts have in common is the presence of two Energy Department nuclear manufacturing sites—the Hanford Site and the Savannah River Site.

These have had huge pollution problems, and have been part of a multi-year, multi-billion-dollar cleanup process. I gather that the Energy Department was in a position to ramp up this process quickly and got a lot of stimulus funds to do so.

This may be a worthy use of federal dollars; these sites were contaminated because we were sloppy in the development of nuclear weapons during World War II and the Cold War, and it may very well make sense to clean them up. In effect we’re paying for past wars, as we do when we pay for veterans’ benefits. But it’s not clear to me that this has much of a stimulative effect on the American macroeconomy. Gotcha on stimulus spending? | Washington Examiner

April 3, 2010 - Posted by | USA, wastes | , , , , , , , , ,

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