Job Creation Driving Highway Bills in Congress

By: Associated Press
By: Associated Press

Congressional leaders are pitching expensive transportation bills as job generators. But do they really create more jobs?

The answer from a lot of economists is not really.

The effect of the bills would be to shift spending that was creating jobs elsewhere in the economy to transportation, where the money can create a different set of jobs, but not necessarily an increase in the overall number.

Alice Rivlin, a former director of the White House Office of Management and Budget under President Bill Clinton, says money spent on transportation infrastructure should be viewed as investments in future productivity growth.

She said it will also create jobs, but not necessarily more jobs than the same money spent in other ways.

But that hasn't diminished the job claims being made in Congress.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KOLN-TV Call: (402) 467-4321 Toll-free: 1-800-475-1011 840 North 40th Lincoln, NE 68503 Email: info@1011now.com KGIN-TV Call: (308) 382-6100 123 N Locust Street Grand Island, NE 68802 Email: kgin@1011now.com KSNB-TV Toll free 888-475-1011 123 N. Locust St. Grand Island, NE 68802 Email : ksnb@1011now.com
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 141404523 - 1011now.com/a?a=141404523
Gray Television, Inc.