Wednesday, December 23, 2009
Tuesday, December 22, 2009
Los Angeles Mayor Antonio Villaraigosa continues to reshuffle his cabinet of top advisers, announcing today that his deputy mayor for economic development will move into the top job at the Department of Building and Safety.
Deputy Mayor Robert "Bud" Ovrom will replace Andrew Adelman, who stepped down as general manager of that department in September. Adelman resigned as police were investigating allegations that he had raped a woman at his apartment. That investigation ended with no arrests made or charges filed.
Ovrom has promised to restart the mayor's effort to streamline the building permit process, which has been in the proposal stage for years. "As a 'bricks and mortar' guy, supporting construction has always been my favorite part of my job," he said in a prepared statement.
The appointment must be confirmed by the City Council.
Friday, December 18, 2009
New Data Shows Stimulus Spending on Transit Creates More Jobs than Highways, Released in Wake of House Jobs Bill
Latest jobs data show stimulus spending on public transportation produces more jobs, faster, than highways
The latest data on stimulus spending shows that funds spent on public transportation were a more effective job creator than stimulus funds spent on highways. In the 10 months since ARRA was signed, investing in public transportation produced twice as many jobs as investing in roads:
§ Every billion dollars spent on public transportation produced 16,400 job-months
§ Every billion dollars spent on projects funded under highway infrastructure programs produced 8,800 job-months.
(Because transportation projects are of different durations, a "job month" is a more accurate way of comparing quantities of employment created)
As Congress and the Administration discuss a possible jobs bill, the implication is clear: shifting available funds toward public transportation will create more jobs.
These figures are calculated from data provided by the states through October 31, and released by the U.S. House of Representatives Transportation and Infrastructure Committee on
President Obama has said he is concerned that the goal of quickly boosting employment with shovel-ready projects may conflict with making long-term investments in
§ it is a more effective job creator; and
§ it builds the transportation systems we need for the future.
Investing in public transportation also:
§ helps get people to work today and tomorrow,
§ provides immediate support to state and local governments struggling to run public transportation systems.
The result that public transportation funding produced more jobs per dollar held across states: every dollar spent on public transportation supports between 1.6x and 2.5x the number of jobs that a dollar spent on highways supports.
Public transportation projects produce so many more jobs per dollar that even in cases where public transportation dollars spent out more slowly, they created more net jobs than
the spending through highway projects.
The speed at which states spent stimulus funds varied widely. Transit spending was faster than highway spending for projects and transit agencies in Arkansas, California, Colorado, Illinois,
Indiana, Massachusetts, Minnesota, Nevada, New Mexico, New York, Ohio, Oregon, Puerto Rico, Texas, Virginia, and Washington. This is in marked contrast to statements to the GAO
that only pavement projects can get the money out quickly.
Any further transportation spending the goal of which is rapid job creation should include measures to accelerate spending, including technical assistance to strapped transportation agencies, and possibly sanctions
These job-creation results data are not directly comparable to previously published studies on job creation through infrastructure investment since these are all incomplete programs in various stages of obligation, contracting, initiation, and completion.
No matter what the economic conditions, we need investments to provide the maximum possible return.
We now have enough data on the impacts of ARRA spending to begin drawing conclusions about the effectiveness of spending under different parts of ARRA. The data so far show that spending through public
transportation programs is both the more effective job creator, and moves us towards the transportation system of the future.
As Congress and the Administration debate future federal investments in transportation, they should look at the ARRA results to date from the dedicated transit funds and the Surface
Transportation Program. Congress and the Administration should note the direct economic benefits of different kinds of investment, and how each helps reduce the cost of living, provides
access to jobs, boosts manufacturing, and improves state of repair for all kinds of transportation assets.
All future apportionments, whether from a jobs bill, a second stimulus, and/or the continuing SAFETEA‐LU program, and whatever authorization replaces it, should be guided by a balanced
approach to transportation spending that produces the maximum return for the money.
Phineas Baxandall, Senior Analyst for Tax & Budget Policy, U.S. Public Interest Research Group (U.S. PIRG), Cell: 857‐234‐1328, Office: 617‐747‐4351, firstname.lastname@example.org
William Schroeer, State Policy Director, Smart Growth America, p 612 308 7147, email@example.com Scott Bernstein, Center for Neighborhood Technology, p 773‐617‐9503, firstname.lastname@example.org.
Tuesday, December 8, 2009
Friday, December 4, 2009
- Provide $11 billion for the modernization, renovation, and repair of our nation's schools
- Allow the SBA to provide reduced loan fees and larger guarantees for its 504 and 7(a) programs and increasing lending limits for the 504 program
- Enact the Small Business Financing and Investment Act (HR 3854)
- Expand the authority of the Treasury Department to provide funding of new commercial and institutional real estate loans for worth, solidly underwritten projects that will create jobs, and revitalize communities.
- Increase the value of the Energy Efficient Commercial Building Tax Deduction to $3.00 per square foot from its current $1.80 per square foot.