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Thread: Obama to Call for $50 Billion Spending on Public Works

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    Obama to Call for $50 Billion Spending on Public Works

    Excerpted from “Obama to Call for $50 Billion Spending on Public Works” By SHERYL GAY STOLBERG, The New York Times, Published: September 6, 2010
    President Obama on Monday is to call for as much as $50 billion in government spending to start up a long-term public works plan emphasizing transportation projects – roads, rail and airport runways – over the next six years. …
    It's time to put America back to work building America again.

    “Real environmentalists live in cities, and they visit what's left of the wilderness as gently and respectfully as possible.” — Donna Moulton, letter to the editor, Tucson Weekly, published on August 23, 2001

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    Re: Obama to Call for $50 Billion Spending on Public Works

    Quote Originally Posted by Chappy View Post
    It's time to put America back to work building America again.

    I thought he was supposed to be smart? He keeps making the same mistake over and over and over again. Where is he getting this $50,000,000,000.00? And since the LAST 2 Shovel Ready plans failed, why will this one work? Oh that's right, IT WON'T.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: Obama to Call for $50 Billion Spending on Public Works

    50 billion really isn't an enormous amount compared to what we have spent on other things.
    I use a lot of satire and sarcasm so keep that in mind when reading my posts.

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    Re: Obama to Call for $50 Billion Spending on Public Works

    Quote Originally Posted by Chappy View Post
    It's time to put America back to work building America again.

    Didn't he promote the last stimulus plan as one for shovel ready infrastructure projects? how did that work out of you? Now this one is going to work? When are liberals ever going to hold Obama responsible for his lies and failed projections?

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    Re: Obama to Call for $50 Billion Spending on Public Works

    Quote Originally Posted by MrVicchio View Post
    I thought he was supposed to be smart? He keeps making the same mistake over and over and over again. Where is he getting this $50,000,000,000.00? And since the LAST 2 Shovel Ready plans failed, why will this one work? Oh that's right, IT WON'T.

    "NEW YORK -- The Federal Reserve's inability to narrow the gap between consumer borrowing costs and government interest rates is driving investors to the longest-maturity Treasuries.

    Central bank officials say they may buy Treasury debt, which helps determine rates on everything from mortgages to auto loans, to prevent borrowing costs from rising and delaying the economic recovery."

    Bond market waits for Treasury to start monetizing debt | Gold Anti-Trust Action Committee

    j-mac
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    Re: Obama to Call for $50 Billion Spending on Public Works

    Quote Originally Posted by BCR View Post
    50 billion really isn't an enormous amount compared to what we have spent on other things.
    $50,000,000,000.00 wasted is still waste.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: Obama to Call for $50 Billion Spending on Public Works

    Quote Originally Posted by MrVicchio View Post
    $50,000,000,000.00 wasted is still waste.
    The death confiscation tax doesn't raise much more than that yet the Libs say that amount is absolutely essential to the government.



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    Re: Obama to Call for $50 Billion Spending on Public Works

    Quote Originally Posted by Chappy View Post
    It's time to put America back to work building America again.

    A good way to employ some people and repair the massive rot to our infrastructure that occurred under the Bush years.

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    Re: Obama to Call for $50 Billion Spending on Public Works

    Quote Originally Posted by MrVicchio View Post
    $50,000,000,000.00 wasted is still waste.
    but this isn't a waste, creating jobs isn't wasteful. Not to mention to make improvements to public property. I see nothing wrong with it.
    I use a lot of satire and sarcasm so keep that in mind when reading my posts.

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    Re: Obama to Call for $50 Billion Spending on Public Works

    Quote Originally Posted by SE102 View Post
    A good way to employ some people and repair the massive rot to our infrastructure that occurred under the Bush years.
    LOL, wasn't that supposed to be the 800+ billion stimulus program signed by Obama in February 2009? Maybe if he hadn't bailed out the unions and other constituent groups we wouldn't another so called bailout. Some things simply never get addressed by liberals.

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