Stimulus Effect of Water $$

There is a report that was recently published by the Clean Water Council (CWC) which highlights the value of spending on water projects to immediate and future investment. Read the summary below:

Titled Sudden Impact: Assessment of Short-Term Economic Impacts of Water and Wastewater Projects in the United States, the report shows that a $1 billion investment in water and wastewater infrastructure results in total national output (i.e., demand for products and services in all industries) of between $2.87 and $3.46 billion, creates up to 26,669 new jobs (with average annual earnings for the construction portion of the jobs at an impressive $50,396) and generates personal (household) income of between $1.01 and $1.06 billion. In addition, each $1 billion invested generates approximately $82.4 million in state and local tax revenue.

According to this information, the congress should have invested the entire $787B in Water and Wastewater investments. This could have gone a long way toward making the improvements and repairs necessary to insure water for everyone for the next 100 years, plus stimulated the economic growth.