Killing the Myth of the ‘More Shovel-Ready’ Road Stimulus, Part II
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It has become one of the most enduring anecdotes surrounding the Obama administration’s $787 billion economic stimulus law: Democrats’ contention that White House adviser Larry Summers sliced transit aid by more than half, to $8.4 billion, out of concerns that projects were not "shovel-ready" enough. (Photo: DMI Blog) Has Summers been vindicated by the data? […]