Jul

9

Cities lose out on economic stimulus funding

July 9, 2009 | 5 Comments

The New York Times reports that metro areas are getting a disproportionately small share of the economic stimulus transportation money, despite the fact that metro areas are the drivers of the economy.  Missouri was called out for MoDOT spending almost half of its stimulus money in small counties that account for just 25% of our population. Kansas City and St. Louis have both complained about not getting a fair share of these funds, especially for struggling transit systems, even though the two regions account for the majority the state’s population and economy.  To make matters even worse, most of the money that MoDOT is spending in metro areas is going to the suburbs, not the actual cities.

New  York Times: Cities lose out on road funds from economic stimulus.

Categories: Business, Missouri, Politics


Comments

5 Comments so far

  1. Scott on July 9, 2009 3:42 pm

    Please don’t tell me that anyone was ever under the delusion that the federal government is the most efficient allocator of resources possible.

  2. dave-o on July 9, 2009 9:55 pm

    When did the Federal government take over MoDOT?

  3. Thomas on July 11, 2009 4:42 pm

    Oh well. We have to fend for ourselves here in KC. The suburbs thrive while cities die.

  4. Timmy on July 21, 2009 12:27 pm

    One of the bright spots of the “recession” is the toll it will take on the suburbs…the further out you go, the harder and faster property values fall. Add $4/gallon gasoline into the mix (and it’s gonna happen) and it’s a perfect storm.

  5. Scott on July 21, 2009 12:32 pm

    I fail to see how an economic environment that isn’t conducive to Americans who choose freely to live downtown or in the suburbs is helping anyone.

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