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Australia & S. Pacific | Bases & Infrastructure | Budgets | Contracts - Intent | Events | Issues - Political | Official Reports | USA

US, Australian DoDs Launch “Stimulus Spending” Infrastructure Efforts

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(click to view full) The credit crunch, and ensuing financial system meltdown, have hastened the current recession. The response from many governments around the world has been classically Keynesian, in the form of “economic stimulus” spending. Some countries, like France, have used that spending as a way to accelerate key military equipment modernization projects. The USA and Australia, in contrast, are choosing to focus the small military components of that spending on infrastructure projects of various kinds. Back in January 2009, “US Stimulus Plan: A Bare Cupboard for Defense?” wondered what military-related inclusions might look like. On March 20/08, the US Department of Defense (DoD) announced details of approximately 3,000 military construction and facility improvement projects funded by the military’s $7.4 billion slice of the $787 billion American Recovery and Reinvestment Act (ARRA). The $5.9 billion budget for these construction and repair projects represents the bulk of the defense-related funding provided by the ARRA, which was signed into law on Feb 17/09. The 2 largest DoD ARRA projects will be new hospitals at Camp Pendleton, CA, and Fort Hood, TX. A dedicated Pentagon mini-site has been set up to track and publicize associated projects, including weekly update reports. One area […]

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