You might think that Congress is giving us the finger, after looking at the third figure (scroll down) on this page. And it might be, too, since even the Keynesian advocates of this bill advocate that for the redistribution to work, it must be spent ASAP. So why is the brunt of the spending slated for 2010? Its advocates claim that the lag is unavoidable, because it takes time for spending projects to get underway. Yet, my reading indicates that the states have projects ready to go right away. So if the economy is really in crisis, then why wait?
Oh wait. Midterm elections take place in 2010. This is just another example of Keynesian economics political appeal, and why it persists.