Waiting On The East Bay Stimulus Funding To Flow...

Posted by Expert Gadget Reviewer on Tuesday, 11 August 2009

Listening to the news or reading the papers, one would think that most of the Stimulus funds have been spent. In fact, look a little closer and it appears the spending hasn't really yet begun (at least in the East Bay).

click above for a link to the source information

Looking at the East Bay Congressional districts a total of $46,519,252 in Stimulus Contracts has been awarded (which sounds great), but it breaks down as follows:
  • District 7 Congressman George Miller: $809,208 in a single contract to a consulting firm working with the Forest Service

  • District 9 Congress woman Barbara Lee: $44,811,00 in a single contract to Lawrence Berkeley National Labs

  • District 10 Congress woman Ellen Tauscher: $0,00

  • District 11 Congressman Jerry McNerny:$899,044 in a single contract to a produce company for "fruits and vegetables"

Looking for the good news... this means that the bulk of the Stimulus money still hasn't been disbursed. I have never been a believer in "trickle-down" economics, but being that our industry tends to be at the "bottom" of the food-chain, I guess now is as good a time to start believing as any!