Monday, February 16, 2009
When will the stimulus money be spent?
The object of the recently-passed stimulus bill was supposed to be to get money into the economy as soon as possible, especially in the next few months. So when will this money be spent? The Washington Post put together an interesting graphic, which can be accessed here. (Click on it to make it larger and more readable) It shows that the peak spending year will be 2010, not in the next few months, with much of the spending tailing out into 2014 and beyond. So much for good intentions.