anymore stimulus, and the economy will need a defibrillator...
Posted on 09/06/2010 6:41:49 AM PDT by Dubya-M-DeesWent2SyriaStupid!
Obama calling for more infrastructure spending
WASHINGTON (AP) - Vowing to find new ways to stimulate the sputtering economy, President Barack Obama will call for long-term investments in the nation's roads, railways and runways that would cost at least $50 billion.
The infrastructure investments are one part of a package of targeted proposals the White House is expected to announce in hopes of jump-starting the economy ahead of the November election. Obama will outline the infrastructure proposal Monday at a Labor Day event in Milwaukee.
While the proposal calls for investments over six years, the White House said spending would be front-loaded with an initial $50 billion to help create jobs in the near future.
The goals of the infrastructure plan include: rebuilding 150,000 miles of roads; constructing and maintaining 4,000 miles of railways, enough to go coast-to-coast; and rehabilitating or reconstructing 150 miles of airport runways, while also installing a new air navigation system designed to reduce travel times and delays.
(Excerpt) Read more at apnews.myway.com ...
Do I hear the band striking up with “Nearer My God to Thee”?
PORKULUS was supposed to be SHOVEL READY JOBS TO FIX OUR CRUMBLING INFRASTRUCTURE. What did B.Hussein and the filthy rats do with the first 800 Billion???
Is there something wrong with the infrastructure we have now that’s holding up economic activity?
IIRC, even Keynesian economics requires that the government spending be targeted on something that is needed to spur further economic growth.(also IIRC, Keynes had changed his mind about all this before he died.)
$50,000,000,000 payout to unions. Again.......
One would think the president has absolutely no economic sense or business acumen (/S).
Obama stimulus waste
http://coburn.senate.gov/public/index.cfm?a=Files.Serve&File_id=a28a4590-10ac-4dc1-bd97-df57b39ed872
anymore stimulus, and the economy will need a defibrillator...
1. Broadband Map That May be Obsolete by the Time it’s Complete ($350 million): $350 million was awarded to states from the Department of Commerce to build a map of its broadband Internet infrastructure, though it duplicates existing maps. Rather than spend $350 million on the project, one firm said it could map the whole nation for $3.5 million – one percent of the cost. Or, anyone with a computer could Google it – for free.
2. Empty Mall Gets Energy Award ($5 million): $5 million was awarded to the Oak Ridge Mall in Tennessee to provide geothermal heat – only the mall has few stores and customers.
3. Fossil Research in Argentina ($1.57 million): Researchers from Penn State will travel to Argentina to dig up plant fossils.
4. Anti-Capitalist Puppet Shows ($50,000): Puppet theatres with socialist, anti-capitalist messages were paid $50,000 to put on puppet shows.
5. Free Rides on Baltimore Water Taxi ($1.6 million): A program to offer free rides on the water taxi as a means of relieving road congestion got money despite it doing little to stop people from traveling in cars.
6. Digital Television Ad Campaign ($6 million): An ad agency was hired for $6 million one month before the switch to digital television—and reported creating three jobs with the money.
7. California Computer System ($60 million): In 2002, CA got $66 million to upgrade its computers for the unemployment insurance program. It spent the money on other things and just got another $60 million in stimulus for the same project.
8. Non-Competitive Contracts ($7.8 billion): Half of all stimulus contracts awarded as of the fall were not subject to full competition.
9. Mice, Alcohol and Drugs ($38,000): Studying the impact of alcohol and methamphetamines on mice and rats.
10. Tourist Railroad ($2 million): The Virginia & Truckee tourist railroad in Nevada will get more than $2 million for an extension.
NO
We don't need a 'new' way! Give us back our paychecks and get the frik out of the private sector you frikin' Marxist-community-organizer!!! You asshat Democrats drove this economy into the ground with your sub-prime loan scams and you are still driving the economy into the ground. NOVEMBER IS GOING TO BE A HEAD ON COLLISION FOR YOU ASS-CLOWNS AND CRY-BABY LIBERALS WHO NEED A NANNY-STATE. How pathetic is an American to want the federal government o take care of them. And yes, black America... you live off the federal government then you are still a slave. Enjoy it idiots!!!
nylon stockings?
Nobody wears them anymore or are you suggesting them for committing armed robbery ? / s
sarc /
China and India are making silicon chips.....we’re digging holes.
China and India are making silicon chips.....we’re digging holes.
According to what you just posted only 200 billion of it has been used (didn’t see how old the information was). And they still want more?
I would pay some money (deferred from the field mice study in Ca.) to see the statistics on the states that went under when democrats took over with Obama and ACORN.
Ca. should be an example of democrats/peter pan gone wrong.
Mass, Canada, Europe should be an example of nationalized health care gone wrong.
They are insane with power!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.