Most professors don't earn that much money[1], unfortunately.
> college employees, construction workers,
Why do you think it's going to them? For reference, the average salary of a construction worker hasn't changed that much in the past decade [2].
I posit that the majority of that money is going to higher education administrative costs, and so the "stimulus" is occurring entirely in higher education. Stimulus entirely in one class and market of employment worries me for the inevitable market correction (for what seems like an unsustainable path, i.e. the current state of higher education costs). It also comes at the expense of a diverse service economy: It would be extremely shortsighted to support living in a world where higher ed and student loan companies are the thriving sources of the economy.
[EDIT] I removed an argument about "trickle-down" because it felt forced.
Most professors don't earn that much money[1], unfortunately.
> college employees, construction workers,
Why do you think it's going to them? For reference, the average salary of a construction worker hasn't changed that much in the past decade [2].
I posit that the majority of that money is going to higher education administrative costs, and so the "stimulus" is occurring entirely in higher education. Stimulus entirely in one class and market of employment worries me for the inevitable market correction (for what seems like an unsustainable path, i.e. the current state of higher education costs). It also comes at the expense of a diverse service economy: It would be extremely shortsighted to support living in a world where higher ed and student loan companies are the thriving sources of the economy.
[EDIT] I removed an argument about "trickle-down" because it felt forced.
1: http://www.salon.com/2014/09/21/professors_on_food_stamps_th... 2: http://money.usnews.com/careers/best-jobs/construction-worke...