obamanomics question...

[Kassz007]

Quote from thecalip:

No one said it going to help the economy. Obama said keep people working. It has nothing to do with helping the economy. If you have someone destroying a perfectly good road and then have some people to fix it, it's put people to work. It doesn't product or improve anything. In the matter of fact, by creating these "jobs" cause other problems such as traffics.

There are plenty of roads that need repaving...

No need to dig up perfectly good roads...

I know the American government is highly incompetent, but even they should be able to get this right...

 

[EMRGLOBAL]

Unless you actually add value to a bottom line, you don't have much hope of being employed.
____________________________________________________

Interesting. So you mean all those WallStreet Warriors, Bankers and Brokers who are now laid off....will not be back?

I will take it one step further. The entire Market as we know it and it's "People" will be phased out to just a shell of a crew.
Automation is happing faster in the Markets than any other industry.

Soon, we will be back to the simple idea of capitalism. Land, Labor, Investment Capital and Production.

Gee what a Novel Idea.

 

[nutmeg]

Quote from EMRGLOBAL:

If done proper, it would create jobs.

Manufactures in Steel, concrete, paving, oil industry out put, quarry's, labor..etc.

This would all boom. However, it will not happen as the last round of "Infastructure" money was not applied proper.

I have a bunch of clients who are in the top Road Construction and Bridge Construction industry. Very few of them saw enough money to do much. In fact, many started bidding and yet to have received responses to bids on "Projects".

OBAMA is a clown. So are most of the idiots in DC. They made sure a few Signs were put up on some simple road way projects.

I heard stories from my clients about how repaving roads that were only 5 years old was about all that happen. I had one client in Washington State, who got a decent size project to repair bridge and roads.

But he is 1 outa how many?

Once again, It's bullshit speak by OBAMA and the Clowns around him.

To bad they didn't pull their head outa there ass and really put that money to work two years ago.

Fucking Ass Clowns.

You might like this article. Stories where a long time family business bites the dust make me sad.

"Instead of pouring asphalt, the trucks were parked to the side of Towne’s equipment yard on Burdeck Street, waiting to be sold to the highest bidder.

Towne, a third-generation, family-owned company that has paved countless roads over 70-plus years, is going out of business.

The equipment auction is becoming more common as contractors struggle to survive amid a sharp, prolonged downturn in the construction industry. Towne had its own auction on July 10."

http://www.bizjournals.com/albany/stories/2010/07/19/focus1.html?page=1

 

[thecalip]

Quote from Kassz007:

There are plenty of roads that need repaving...

No need to dig up perfectly good roads...

I know the American government is highly incompetent, but even they should be able to get this right...

i don't know what section of the country you live in. I live in NYC for over 20 years and damage road still damaged. While they are fixing it up, but they are fixing up the road that are perfectly good.

 

[bugscoe]

I believe $108 billion from the jobs, jobs, jobs stimulus was set aside for infrastructure. Yet here we are, talking as if it didn't happen and another $50 billion is all we need to pave our way to prosperity.

 

[William Rennick]

Quote from bearice:

Wal-Mart is worth $250 billion approximately and Wal-Mart has 2 million employees.

So you can start 8 new Wal-Marts and create 16 million jobs with $2 Trillion (not sure) bailout money instead of giving Trillions of dollars to bankrupt companies and banks.

Walmarts cap is 180 bil. and change.

 

[bearice]

Quote from William Rennick:

Walmarts cap is 180 bil. and change.

So you can start 11 new Wal-Marts and create 22 million jobs with $2 Trillion (not sure) bailout money instead of giving Trillions of dollars to bankrupt companies and banks.

 

[S2007S]

Yep more billions on infrastructure because that is what is going to turn our economy around, another worthless fucking idea to prop up the economy, im so tired of the spending they are throwing at the economy thinking its going to be the quick fix everyone wants.

 

[Scataphagos]

Quote from S2007S:

Yep more billions on infrastructure because that is what is going to turn our economy around, another worthless fucking idea to prop up the economy, im so tired of the spending they are throwing at the economy thinking its going to be the quick fix everyone wants.

The ONLY solution.... Unleash Capitalism and cut back on the Socialism. If we don't do that, it's all just a circle-jerk.

 

[S2007S]

Quote from bugscoe:

I believe $108 billion from the jobs, jobs, jobs stimulus was set aside for infrastructure. Yet here we are, talking as if it didn't happen and another $50 billion is all we need to pave our way to prosperity.

This is not going to pave the way for prosperity, they are hoping and wishing it will but it will do nothing in the long term to change the outlook of the economy. It might push a few jobs here and there but after these projects are over and the money spent more billions will come flowing in to create more infrastructure projects as the economy will still remain pretty much worthless.