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| Where are all those infrastructure jobs? (468989) | |
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Where are all those infrastructure jobs? |
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Posted by docstox on Thu Jul 2 07:03:34 2009 http://finance.yahoo.com/news/June-jobless-rate-seen-rising-apf-749843232.html?x=0&sec=topStories&pos=2&asset=&ccode= |
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Re: Where are all those infrastructure jobs? |
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Posted by RIPTA42HopeTunnel on Thu Jul 2 09:52:06 2009, in response to Where are all those infrastructure jobs?, posted by docstox on Thu Jul 2 07:03:34 2009. Most ARRA projects aren't in construction yet. |
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Re: Where are all those infrastructure jobs? |
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Posted by Olog-hai on Thu Jul 2 11:41:33 2009, in response to Where are all those infrastructure jobs?, posted by docstox on Thu Jul 2 07:03:34 2009. Yeah, and here I was expecting them to build high-speed rail lines alongside I-80, because the president admires European leadership so much . . . |
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Re: Where are all those infrastructure jobs? |
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Posted by David Fairthorne on Thu Jul 2 14:36:24 2009, in response to Where are all those infrastructure jobs?, posted by docstox on Thu Jul 2 07:03:34 2009. It takes longer to create new jobs than to save existing ones. In fact the latter takes no time at all.Many of the states are facing budget deficits, which are not allowed, and therefore existing jobs are threatened. The obvious solution would be for the government to provide more aid directly to the states. I have no confidence in the government's ability to create millions of "green" jobs any time soon; and I think need for more infrastructure has been exaggerated. |
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Re: Where are all those infrastructure jobs? |
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Posted by salaamallah@hotmail.com on Thu Jul 2 15:32:27 2009, in response to Where are all those infrastructure jobs?, posted by docstox on Thu Jul 2 07:03:34 2009. yep where are they |
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Re: Where are all those infrastructure jobs? |
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Posted by Dan Lawrence on Thu Jul 2 15:46:40 2009, in response to Re: Where are all those infrastructure jobs?, posted by Olog-hai on Thu Jul 2 11:41:33 2009. It hasn't even been SIX MONTHS YET!!!!!. Give us and Barak a break, drop the issue until he's been POTUS for a YEAR!!! |
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Re: Where are all those infrastructure jobs? |
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Posted by Easy on Thu Jul 2 15:52:19 2009, in response to Re: Where are all those infrastructure jobs?, posted by David Fairthorne on Thu Jul 2 14:36:24 2009. The entire idea of the stimulus was that these jobs would be created quickly and obviously they have not been. For example I'm not aware that any of the "shovel ready" transit/road construction jobs that were supposed to benefit from the stimulus have started yet. I have heard that a few will start this summer. |
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Re: Where are all those infrastructure jobs? |
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Posted by Dan Lawrence on Thu Jul 2 15:52:48 2009, in response to Re: Where are all those infrastructure jobs?, posted by salaamallah@hotmail.com on Thu Jul 2 15:32:27 2009. As I just posted in reply to docstox: It hasn't even been SIX MONTHS YET!!!!!. Give us and Barak a break, drop the issue until he's been POTUS for a YEAR!!! |
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Re: Where are all those infrastructure jobs? |
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Posted by Easy on Thu Jul 2 16:00:05 2009, in response to Re: Where are all those infrastructure jobs?, posted by Dan Lawrence on Thu Jul 2 15:46:40 2009. The stimulus was supposed to create jobs quickly. It has barely created any, if any. |
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Re: Where are all those infrastructure jobs? |
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Posted by LuchAAA on Thu Jul 2 16:00:30 2009, in response to Re: Where are all those infrastructure jobs?, posted by Dan Lawrence on Thu Jul 2 15:46:40 2009. Problem is, Obama was adamant about pushing the Stimulus through fast to create jobs right away, save the economy, and prevent more job loss. Now people think he rushed it so people couldn't absorb how bad it might've been. |
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Re: Where are all those infrastructure jobs? |
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Posted by Dan Lawrence on Thu Jul 2 16:40:47 2009, in response to Re: Where are all those infrastructure jobs?, posted by Easy on Thu Jul 2 16:00:05 2009. Considering how long its taking for the various states that had "shovel ready" projects, what else can you expect? Obama isn't waving that proverbial magic wand, is he? |
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| (469162) | |
Re: Where are all those infrastructure jobs? |
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Posted by docstox on Thu Jul 2 16:42:15 2009, in response to Re: Where are all those infrastructure jobs?, posted by Dan Lawrence on Thu Jul 2 15:46:40 2009. Well, the Fed dropping the fed fund rate to zero has done more in the short term than any infrastructure spending to prop up this ailing economy.Banks can get money at zero and loan it for 5%.Ford reports a better June and home sales are ticking up a bit.Certainly not as a result of your Obama's infrastructure spending plan!You say one year.Let's see how many "shovel ready" projects are working by then and how it helps the economy.Tick-tock,tick-tock..... |
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Re: Where are all those infrastructure jobs? |
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Posted by Easy on Thu Jul 2 16:45:00 2009, in response to Re: Where are all those infrastructure jobs?, posted by Dan Lawrence on Thu Jul 2 16:40:47 2009. So then he shouldn't have presented the stimulus bill as providing immediate relief if he knew that it would take a year or more. |
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Re: Where are all those infrastructure jobs? |
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Posted by docstox on Thu Jul 2 16:49:01 2009, in response to Re: Where are all those infrastructure jobs?, posted by Dan Lawrence on Thu Jul 2 16:40:47 2009. If railroads are a big beneficiary of this "magic wand" of Obama's, then I will be very happy about it. |
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Re: Where are all those infrastructure jobs? |
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Posted by salaamallah@hotmail.com on Thu Jul 2 16:57:22 2009, in response to Re: Where are all those infrastructure jobs?, posted by Dan Lawrence on Thu Jul 2 15:52:48 2009. i was not blaming obama at all oh no.... ....sorry guy ...hope this helps peace ! |
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Re: Where are all those infrastructure jobs? |
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Posted by RIPTA42HopeTunnel on Thu Jul 2 17:06:08 2009, in response to Re: Where are all those infrastructure jobs?, posted by Easy on Thu Jul 2 16:45:00 2009. So then he shouldn't have presented the stimulus bill as providing immediate relief if he knew that it would take a year or more.I know firsthand that it has saved and created jobs in engineering. The drop in construction jobs in the article is a little surprising but completely unexpected, as home construction probably employs more than highway construction. |
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Re: Where are all those infrastructure jobs? |
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Posted by RIPTA42HopeTunnel on Thu Jul 2 17:08:12 2009, in response to Re: Where are all those infrastructure jobs?, posted by Easy on Thu Jul 2 15:52:19 2009. For example I'm not aware that any of the "shovel ready" transit/road construction jobs that were supposed to benefit from the stimulus have started yet. I have heard that a few will start this summer.Some have. "Shovel ready" meant projects that could be advertised within three months. It has been almost five months since ARRA passed, and a lot of projects are indeed out for bid now. |
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Re: Where are all those infrastructure jobs? |
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Posted by Olog-hai on Thu Jul 2 17:08:56 2009, in response to Re: Where are all those infrastructure jobs?, posted by Dan Lawrence on Thu Jul 2 15:46:40 2009. It hasn't even been SIX MONTHS YETSo what? I stated a scenario that's not even being planned. Thought you might have recognized that, but you apparently did not. |
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| (469172) | |
Re: Where are all those infrastructure jobs? |
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Posted by Olog-hai on Thu Jul 2 17:09:53 2009, in response to Re: Where are all those infrastructure jobs?, posted by Dan Lawrence on Thu Jul 2 16:40:47 2009. Please don't say "shovel-ready". That's Newspeak for "public works projects that are the favorite of state politicians" . . . |
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| (469173) | |
Re: Where are all those infrastructure jobs? |
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Posted by Easy on Thu Jul 2 17:22:24 2009, in response to Re: Where are all those infrastructure jobs?, posted by Olog-hai on Thu Jul 2 17:09:53 2009. Not necessarily. In mid-2008 Orange County California presented voters with choices of shovel ready projects and went with the ones that the voters decided. Of course the list was light on auto/freeway related projects and heavy on BRT/Metrolink projects to ensure that at least some of the ones chosen would be mass transit. |
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| (469174) | |
Re: Where are all those infrastructure jobs? |
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Posted by Easy on Thu Jul 2 17:23:38 2009, in response to Re: Where are all those infrastructure jobs?, posted by RIPTA42HopeTunnel on Thu Jul 2 17:08:12 2009. The company that I work for has already won a few. But so far the projects are not funded and no jobs have been created. |
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Re: Where are all those infrastructure jobs? |
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Posted by LuchAAA on Thu Jul 2 17:30:43 2009, in response to Re: Where are all those infrastructure jobs?, posted by Easy on Thu Jul 2 17:23:38 2009. Speaking of your job, are they still going to make you go six miles above land in a metal tube this month?For $50, you can get $100,000 plane crash insurance on an AMEX card. |
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Re: Where are all those infrastructure jobs? |
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Posted by Easy on Thu Jul 2 17:38:19 2009, in response to Re: Where are all those infrastructure jobs?, posted by LuchAAA on Thu Jul 2 17:30:43 2009. lol. Yes, I fly to Phoenix on the 21st. But they aren't making me. I could drive if I wanted, but I'd have to leave at 3am to make it there on time. Instead I'll fly at 9am. |
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Re: Where are all those infrastructure jobs? |
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Posted by GP38/R42 Chris on Thu Jul 2 17:44:59 2009, in response to Re: Where are all those infrastructure jobs?, posted by LuchAAA on Thu Jul 2 16:00:30 2009. The whole thing was rushed into. A lot of damage can happen in a year, in an already messy situation. Hopefully soon some responsibility can be taken. While the mess isn't his fault, how it's handled and dealt with certainly is, and that's something many are forgetting. |
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Re: Where are all those infrastructure jobs? |
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Posted by GP38/R42 Chris on Thu Jul 2 17:47:05 2009, in response to Re: Where are all those infrastructure jobs?, posted by Easy on Thu Jul 2 17:38:19 2009. Smart move... :) |
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Re: Where are all those infrastructure jobs? |
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Posted by LuchAAA on Thu Jul 2 17:56:31 2009, in response to Re: Where are all those infrastructure jobs?, posted by GP38/R42 Chris on Thu Jul 2 17:47:05 2009. Not really. He could leave a day early. He's risking his life. |
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| (469192) | |
Re: Where are all those infrastructure jobs? |
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Posted by Olog-hai on Thu Jul 2 18:03:12 2009, in response to Re: Where are all those infrastructure jobs?, posted by LuchAAA on Thu Jul 2 17:56:31 2009. Meh, you risk your life by walking out your door. Automobile accidents are deadlier than airliner ones on average . . . |
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| (469193) | |
Re: Where are all those infrastructure jobs? |
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Posted by Olog-hai on Thu Jul 2 18:04:30 2009, in response to Re: Where are all those infrastructure jobs?, posted by Easy on Thu Jul 2 17:22:24 2009. Not all states do things like that by referendum.And of course we're talking about stuff on the federal level in addition to that. |
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| (469194) | |
Re: Where are all those infrastructure jobs? |
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Posted by LuchAAA on Thu Jul 2 18:06:01 2009, in response to Re: Where are all those infrastructure jobs?, posted by Olog-hai on Thu Jul 2 18:03:12 2009. That's not true. |
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Re: Where are all those infrastructure jobs? |
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Posted by Robert King on Thu Jul 2 18:52:09 2009, in response to Where are all those infrastructure jobs?, posted by docstox on Thu Jul 2 07:03:34 2009. Know what the phrase "lead time" means?-Robert King |
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Re: Where are all those infrastructure jobs? |
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Posted by AMoreira81 on Thu Jul 2 18:57:28 2009, in response to Where are all those infrastructure jobs?, posted by docstox on Thu Jul 2 07:03:34 2009. Around New York Metro, it is very easy to see where it went though: The THE tunnel and for ESA.As for employers cutting jobs, I seriously wonder if they are doing it out of incorrect presumptions. |
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Re: Where are all those infrastructure jobs? |
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Posted by GP38/R42 Chris on Thu Jul 2 21:20:37 2009, in response to Re: Where are all those infrastructure jobs?, posted by Olog-hai on Thu Jul 2 18:03:12 2009. I could die on my riding lawn mower if I am cutting the grass and accidentally turn around in the road without looking if a car is coming first. I rather leave a day later, and take the hour flight than drive all the way from LA to Pheonix. |
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Re: Where are all those infrastructure jobs? |
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Posted by Fred G on Thu Jul 2 21:34:49 2009, in response to Re: Where are all those infrastructure jobs?, posted by Olog-hai on Thu Jul 2 17:09:53 2009. No, it refers to projects that are beyond the conceptual stage. I've been involved with one project that was "shovel ready" and another that was in a hurry to get there.your pal, Fred |
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Re: Where are all those infrastructure jobs? |
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Posted by Fred G on Thu Jul 2 21:37:51 2009, in response to Re: Where are all those infrastructure jobs?, posted by LuchAAA on Thu Jul 2 17:56:31 2009. Oh c'mon, when your number's up, it's up, don't matter if you're flying in a plane or in the saddle with Goldilocks.your pal, Fred |
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Re: Where are all those infrastructure jobs? |
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Posted by David Fairthorne on Thu Jul 2 23:56:46 2009, in response to Re: Where are all those infrastructure jobs?, posted by docstox on Thu Jul 2 16:42:15 2009. Well, the Fed dropping the fed fund rate to zero has done more in the short term than any infrastructure spending to prop up this ailing economy.I do agree. Monetary policy is essential to the revival of the economy, and the Federal Reserve can act in the national interest, without having to seek the approval of Congress (with the attendant need to buy votes by pork barrel spending (earmarks)). The Federal Reserve can go beyond zero interest rates by buying more securities in the open market, and they don't even have to be Treasury bills. I think this is what is called "quantitative easing". When the Fed increases the money supply, it doesn't have to pick winners. Fiscal policy also has its place, the essential ingredient being to run a budget deficit. That can be done by reducing taxes (Republican) or by increasing government spending (Democratic) or by some combination of the two. I also think that each state should be allowed to run a budget deficit. As it is, the state of California cannot even meet its own payroll, and is having to issue IOUs. In Canada the provinces can and do issue bonds to allow them to run deficits. |
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