Word: stimulus
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...Beyond model projects like the ones Global Green is implementing, there are broader policy-based actions that seek to green New Orleans from the top down. The city is receiving millions in federal stimulus funds, some of which will be going toward initiatives that will re-establish a citywide recycling program and improve mass transit. About $1.1 million is being slated to help green five of the city's libraries, and more will pay for the installation of solar-powered, ultra-efficient LED streetlights. The Department of Energy - with funds matched by Global Green - is underwriting new solar-power projects...
...page appropriations bill. The only debate was over how much sugar was needed to sweeten the pot. That first billion was supposed to last a few months; when it ran out in a week, a bipartisan coalition voted to squirt $2 billion more into the pipeline. Here, finally, was stimulus policy Americans understood...
...vast. The cost of treating obesity has doubled in a decade, to $147 billion. So how about Cash for Chunkers: we get to trade in that extra 20 pounds for a coupon good at the local farm stand. Roads and bridges crumbling? Why bother allocating $27 billion in stimulus money when we could pay people to reroute or, better yet, stay home? California plans on releasing at least 37,000 inmates to ease prison overcrowding and save $1 billion. It costs $27,000 a year to keep someone in jail. It would be much more efficient to pay thieves...
...been planning to do so, which means there shouldn't be a bad sales payback. Having said that, there will be a natural decline in new-vehicle sales for the rest of the year when compared to August levels unless we see a new stimulus or record manufacturer incentives. Without those stimulants, we'll go back to the preclunker levels of about 10 to 11 million annual vehicle sales...
...think Congress is going to be tempted to do it again? It will be wait and see for at least the next couple of weeks. If the auto-sales rate drops below expectations, there is always a chance Congress may come up with a similar or totally new stimulus idea, but that won't likely happen unless we experience another period of sustained sub-10 million level [in annual car sales], which I hope never happens again...