$1T of infrastructure spending sounds like stimulus, does it not?
barfo
It sounds like reprioritizing of government spending. As long as he's offsetting it (and then some) with cuts elsewhere, I'm fine with it.
What I'm not fine with is a promise of shovel ready jobs that never existed.
You know that line was a lie, right?
http://www.forbes.com/sites/timwors...s-that-there-wasnt-any-stimulus/#ef0cbc13e5fe
As President Obama urges Congress to pass the $800 billion-plus stimulus package, one of his favorite selling points is the thousands of projects nationwide that he calls "shovel ready" — meaning planning is complete, approvals are secured and people could be put to work right away once funding is in place.
http://thecaucus.blogs.nytimes.com/2010/10/15/obama-lesson-shovel-ready-not-so-ready/
Even before President Obama entered the White House, he and his allies successfully used the allure of “shovel ready” infrastructure projects to help sell his $787 billion stimulus legislation to a resistant Congress and a wary public.
“I think we can get a lot of work done fast,” Mr. Obama, then the president-elect, said in December 2008, after meeting with governors. “All of them have projects that are shovel ready, that are going to require us to get the money out the door.”
But in a recent interview with Peter Baker for a
cover story to be published Sunday in The New York Times Magazine, the president acknowledged what has become painfully obvious in last 20 months: “shovel ready” didn’t mean what he and most people thought it did.