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Peacetrain Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-06-10 08:07 AM
Original message
Obama calling for more infrastructure spending..Good News for Labor Day
http://news.yahoo.com/s/ap/20100906/ap_on_bi_ge/us_obama_economy


WASHINGTON – 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.
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bigdarryl Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-06-10 08:19 AM
Response to Original message
1. He's wasting his time those RETHUGS are not interested in trying improve the economy
They would rather see people out of work just to get back in power
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Pirate Smile Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-06-10 08:46 AM
Response to Reply #1
6. Make them vote against it/filibuster it.
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jaxx Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-06-10 08:20 AM
Response to Original message
2. Very good news.
They are always working to get the economy moving. Now we'll see just how bad the right wants it to improve, or will they obstruct.
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Kdillard Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-06-10 08:38 AM
Response to Reply #2
4. The right will obstruct and you can forget about it if they get the House and Senate.
Edited on Mon Sep-06-10 08:43 AM by Kdillard
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jaxx Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-06-10 08:42 AM
Response to Reply #4
5. They won't get the House and Senate unless it's given to them
by the left who just can't get it together to support the Democratic Party.
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Kdillard Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-06-10 08:49 AM
Response to Reply #5
7. You are right about the need to stick together but easier said
than done when th environment seems to be bring dems down. If the worse happens becausewe decide t shoot ourselves in the foot hopefully the President and other dems will still be able to make this happen.
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flpoljunkie Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-06-10 08:36 AM
Response to Original message
3. Great news! Obama will call for the creation of a permanent infrastructure bank!
Obama will also call for the creation of a permanent infrastructure bank that would focus on funding national and regional infrastructure projects.

http://news.yahoo.com/s/ap/20100906/ap_on_bi_ge/us_obama_economy
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bigdarryl Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-06-10 08:57 AM
Response to Original message
8. just watched three idiots on MSNBC saying Obama has no plan bullshit
Edited on Mon Sep-06-10 08:58 AM by bigdarryl
and one was a democrat he didn't even mention it nothing mentioned of his new economic plan for roads,railways and runways and a new bank just the same narrative B/S from pundits
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Peacetrain Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-06-10 09:11 AM
Response to Reply #8
10. My husband pointed out that news media has become a "jersey shore"
Edited on Mon Sep-06-10 09:28 AM by Peacetrain
type of program... pushing the most dysfunctional options because it keeps people tuned in. We were listening the other day to someone in programming on these reality shows.. and they specially screen for people with volatile issues and ways of interacting because it brings the drama
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tularetom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-06-10 08:58 AM
Response to Original message
9. Hope it isn't too little and especially too late
This should have been done with the original stimulus package. In fact, public works projects should have been the main focus of the stimulus, not giving money to banks to hoard.

There is no quicker way to create good, well paying private sector jobs and no greater need in our country.
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Peacetrain Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-06-10 09:13 AM
Response to Reply #9
11. Well since we seemingly have developed the patience of gnats as a nation
it might be just right or even too early
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phleshdef Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-06-10 10:03 AM
Response to Reply #11
18. No joke. I'm embarassed at the lack of an attention span this country has developed,
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phleshdef Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-06-10 10:01 AM
Response to Reply #9
17. The first stimulus didn't give the banks any money. You are conflating it with the bailout.
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ClarkUSA Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-06-10 09:16 AM
Response to Original message
12. Everywhere I drive these days, there are road projects going on that were much-needed for 10+ yrs.
One of the first things BushCo did was cut federal funding to states by 50% so infrastructure maintenance was put-off until Pres. Obama reversed the trend.

Change has been good. Yes. We. Can.
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Kdillard Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-06-10 09:18 AM
Response to Reply #12
13. Unfortunately more people don't realize these things. The
Edited on Mon Sep-06-10 09:31 AM by Kdillard
President promised them when he campaigned and he has been trying to deliver.
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ClarkUSA Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-06-10 09:28 AM
Response to Reply #13
14. That's why it's up to us to let our friends and neighbors know what's happening.
I know I do. I just hope the construction workers and their families who are going back to work now vote Democratic in the fall. I am sure the unions are doing their best to make sure that they do, but there's still plenty of those "white working-class voters" out there who won't give credit to Pres. Obama for anything.
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Kdillard Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-06-10 09:33 AM
Response to Reply #14
15. I agree with you but it is frustrating when you see people on DU question that
this President has done anything or even proposed Democratic polices. How do you even begin to get through to people like that much less people who are independent.
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ClarkUSA Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-06-10 10:00 AM
Response to Reply #15
16. It's true some people have made it a habit to minimize/demonize anything Pres. Obama accomplishes.
Edited on Mon Sep-06-10 10:15 AM by ClarkUSA
It can be frustrating to deal with such determined and unreasoned bias against President Obama. I like to show these people the facts and leave them to their mutterings after that.

:hi:
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frazzled Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-06-10 10:09 AM
Response to Original message
19. For a good idea of how stimulus has created jobs ...
and why we need more of it, as the president is proposing (and Congress continues to block):

Jobs hang in balance
Filibuster over federal funding leaves Put Illinois to Work in limbo

Moises Vasquez was laid off in March from a chicken processing plant, but he was not unemployed for long. One month later he found a job at a granite and marble recycling company in Schiller Park.

But his new employer, Earth Stone Products of Illinois, does not pay his wages. Uncle Sam does.

Vasquez, 27, is one of about 25,000 people employed through Put Illinois to Work, a subsidized jobs program that helps unemployed workers gain new skills with $200 million from the federal stimulus package.

Since the program was announced in April, Put Illinois to Work has become the nation's largest year-round subsidized employment program. In June, state officials stopped accepting applications because there were not enough jobs for the 60,000 people who applied.

But in coming weeks, Vasquez and other workers supported by the program could be unemployed again unless Congress extends the fund that supports Put Illinois to Work. The Temporary Assistance for Needy Families Emergency Contingency Fund expires Sept. 30.

An extension of the federal fund has been packaged in larger bills that passed the House twice but stalled in the Senate after Republicans and some Democrats said the legislation would increase the deficit.

http://www.chicagotribune.com/news/ct-met-illinois-to-work-20100906,0,7432015.story
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