Stimulus Program: Trickle Down Economics

More than six months after its passage, most funds from the economic stimulus program have failed to reached their intended destination. One local example is West Warwick and Coventry, where officials are still waiting for a combination of state and federal funds for road projects, according to this local news report. Nationwide, only $151.4 million, or 19 percent, of the total $787 billion had been spent by the end of August, according to this White House report. If there ever were something that deserved to be called trickle-down economics, this is it.


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