Obama calling for more infrastructure spending

[a_priori]

"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."

apnews.myway.com/article/20100906/D9I2DUV01.html

 

[mary_bobo]

"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."

apnews.myway.com/article/20100906/D9I2DUV01.html

And this is supposed to stimulate the economy now and provide jobs now? How long does it take government jobs to get moving? The only people this will help is the labor unions and he has already paid them back for their support. The best thing the government can do is extend the Bush tax cuts, stop the health care (NOT) plan, stop spending money we do not have and then get out of the way.

 

[bkayw]

“nation’s roads, railways and runways”

He and his administration have never owned or operated a successful business or ever written a single paycheck.

All of their lives, their paychecks have come from local, state or federally run programs that suck more and more money off taxpayers.

It’s no wonder he/they fall back into Socialism, hunting for larger government programs, more power and more taxpayer spending.

 

[PatriceA]

I don’t know about other sections of the nation, but our roads and bridges around my area need repairs like yesterday. The funding couldn’t come sooner IMO.

 

[gmarie21]

Um, isn’t that what the LAST stimulus was suppose to do. I recall that all the construction signs last year stated on them in big letters that they were funded by the Recovery Act (and all the signs on this year’s construction zones). I guess we already spent the hundreds and hundreds of billions on infrastructure. Does this president really think he’ll dupe us again with the EXACT same thing he did last time (which I recall, didn’t go over well in the eyes of the public, has had tons of waste, and has amounts that are unaccounted for)?

 

[a_priori]

It’s sad really. I guess American exceptionalism includes the deeply-held belief that the basic laws of economics do not apply to the United States. A $14 Trillion hole is a very bad thing, yes, even for Americans.

 

[Monte_RCMS]

Um, isn’t that what the LAST stimulus was suppose to do. I recall that all the construction signs last year stated on them in big letters that they were funded by the Recovery Act (and all the signs on this year’s construction zones). I guess we already spent the hundreds and hundreds of billions on infrastructure. Does this president really think he’ll dupe us again with the EXACT same thing he did last time (which I recall, didn’t go over well in the eyes of the public, has had tons of waste, and has amounts that are unaccounted for)?

There’s one of those “LAST” stimulus bill highway projects near where we live.

They started the work. Put up that nice big sign. There’s equipment there. But then the work just stopped, about maybe 1/4th completed. Just a big mudhole with equipment parked around it for the past few months. No work going on. No workers on the site. You know how dirt gets “crusty” after a while when it’s not being worked? Well, that’s what’s going on here. Just an abandoned work site. NO IDEA why. It LOOKS like it could move forward. But it’s not. Maybe the contractor submitted an invoice for partial payment and they haven’t gotten around to writing the check. No payment: no more work until they pay the bill.

I should look it up on the internet, although no telling if I could get the straight story.

Winter is coming, so it’s unlikely that any more work will be done this year. Unless they work superfast, which is unlikely.

 

[bbarrick8383]

Um, isn’t that what the LAST stimulus was suppose to do. I recall that all the construction signs last year stated on them in big letters that they were funded by the Recovery Act (and all the signs on this year’s construction zones). I guess we already spent the hundreds and hundreds of billions on infrastructure. Does this president really think he’ll dupe us again with the EXACT same thing he did last time (which I recall, didn’t go over well in the eyes of the public, has had tons of waste, and has amounts that are unaccounted for)?

Yes, and there have been several bills over the past 20 or 30 years that were designed to help upkeep the roads.

I may be mistaken, I don’t recall the name of it, but I belive Clinton passed one that was several billions of dollars and Bush renewed it, you know making all those promises.

I’m watching his speech right now.

He couldn’t be more condecending to people like me.

I think my blood pressure is a bit high.

 

[gnjsdad]

I don’t know about other sections of the nation, but our roads and bridges around my area need repairs like yesterday. The funding couldn’t come sooner IMO.

Absolutely! Now if they would only cut off the funding of the war contractor/profiteers who do business with the Pentagon and its foreign adventures (hundreds of billions of dollars) and really concentrate on public rail transportation and manufacturing , we could help the economy create jobs here.

 

[ltravis]

This is going to be an overly naive post, but what the heck. We need quality infrastructure, but can’t we just have these projects when the economy is good and when we actually have money to fund them?

 

[bbarrick8383]

This is going to be an overly naive post, but what the heck. We need quality infrastructure, but can’t we just have these projects when the economy is good and when we actually have money to fund them?

Bush passed one for nearly 300 billion.

msnbc.msn.com/id/8894520/

Clinton passed on for over 200 billion.

washingtonpost.com/wp-srv/politics/special/highway/stories/hwy060998.htm

And I’m sure there were more passed before that.

Nothing but pork filled junk from the government telling us one thing and doing another.

I hope they pass it, hurry it along, if were going to go bankrupt let’s do it while I’m young that way I can show my two sons and daughter who will be here soon what stupid looks like.