It's Alive!… Obama Wants Another $50 Billion Road Stimulus to Save Ailing Economy
Posted by Jim Hoft on Monday, September 6, 2010, 6:09 AM
It didn’t work the first time. They admitted it didn’t work the first time. But that won’t stop them from doing it again.
Please, someone kill this thing.
Obama wants another $50 biliion stimulus to boost the struggling economy.
Never mind the fact that by every objective measure the democrat’s Trillion dollar stimulus bomb was a complete disaster.
Barack Obama is incapable of learning new tricks. He’s a committed Keynesian.
The AP reported:
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 airports that would cost at least $50 billion, administration officials said.
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, officials said spending would be front-loaded with an initial $50 billion to help create jobs in the near future. The officials spoke on the condition of anonymity to discuss the proposals ahead of the president’s announcement.
The goals of the infrastructure plan include: rebuilding 150,000 miles of roads; constructing and maintaining 4,000 miles of railways, enough to go coast-to-coast; and rehabilitating or reconstructing 150 miles of airport runways, while also installing a new air navigation system designed to reduce travel times and delays.
Just so you know you’re not crazy… The first stimulus was already supposed to fix the roads.
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Published May 24, 2012 at 8:46 pm - 91 Comments
Militant Conservative commented:
This package WILL NOT BE PASSED till after November election cycle. The Dem’s would be out of their collective minds to do this before and election.
Afterwards they will do it out of spite to distroy the economy and blame the republicans then as the truth will come out as to how damn bad the economy is. This is the games that the left is willing to play with our money and our lives. G D you and your kids and your dreams. This is all about their power and legacies. Hit them where it hurts, turn them out and show the left for what they are. Distroyers of prosperity and lovers of our enemys. powder is dry.
Paul52 commented:
Slightly off subject…. AlBama due to appear at Laborfest in Milwaukee this p.m. Russ Feingold will be outta town during the Anointed One’s appearance. Run, Russ, run (away), you coward!
archtop commented:
Uhhh…haven’t we seen this porkulus already?
From Nancy Pelosi…
Jobs for Main Street Act of 2010
“On December 16th [2009], the House passed the Jobs for Main Street Act to create or save jobs here at home with targeted investments ($75 billion) for highways and transit, school renovation, hiring teachers, police, and firefighters, small business, job training and affordable housing – key drivers of economic growth that have the most bang for the buck. These investments are fully paid for by redirecting TARP funds from Wall Street to Main Street.”
STABILIZING JOBS THROUGH INFRASTRUCTURE INVESTMENTS
The bill redirects $48.3 billion from Wall Street to help put people to work rebuilding our crumbling roads and bridges, modernizing public buildings, and cleaning our air and water…
lyle commented:
‘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.’
Trust the AP to parrot Democrat talking points.
50 billion in so-called stimulus would have no effect on the economy before November, even if it passed both houses today. The Obama administration is stupid but not that stupid.
But if Democrat labor unions and bosses know that 50 billion is potentially in the pipeline, it will motivate them to work harder for Democrat candidates. If they are convinced that the post-election lameduck session will twist the spigot for one last burst of taxpayer dollars, they will free up tens of millions in kickbacks in advance.
As with the Porkulus, the primary goal of these ‘targeted proposals’ is to launder a massive transfer of tax money to Democrat candidates.
neomom commented:
Google Cloward-Piven. It’s on. Next is billions for bailing out upside down home loans.
FreakyBoy commented:
lyle’s correct.
This is union payoff for mid-term help.
The first stimulus required all construction firms be unionized.
I can’t imagine this one being any different.
gail commented:
There wouldn’t be a problem with fixing up infrastructure if (a) we could afford it and (b) we didn’t already know the money would really go to democrat cronies.
Ruebacca commented:
21st century information age economy and the way to stimulate it is to repave streets. What fantastic new innovative vision we get from the WH.
Zachriel commented:
Never mind the fact that by every objective measure the democrat’s Trillion dollar stimulus bomb was a complete disaster.
That’s funny. For “objective measure,” you linked to a partisan speech by a Republican in Congress.
Florida Girl commented:
My question is don’t we already pay so many cents per gallon of gas for roads? Where does all that money go? I was always under the impression that this was why we paid all those taxes on our gasoline consumption. I have been asking this question for months. Where does all of that revenue go?
squeaky commented:
i thought the gas tax was for the roads but apparently they went to the general fund……
http://www.ehow.com/list_5769981_federal-gas-taxes-used-for_.html
Florida Girl commented:
Thanks for the link, Squeaky
Multitude commented:
“Roads repair” is just a ploy to deceive the public as funds (debt, borrowed from international bondholders with the repayment obligation assigned to U.S. taxpayers) are attained and redistributed to cronies and liberal constituencies intended to buy votes.
In Omaha Nebraska, not only were Federal “roads repair” stimulus funds insufficient, as well as State and local taxes already assigned to gasoline and sales for the “repair of roads,” but Omaha’s levied a new tax on people outside its jurisdiction that work in Omaha. Lacking any definition of work (one day a year?), and absent any representation by outsiders to vote these crooks out of office, Omaha’s yet another example of government grifters using the ploy of fixing the potholes and bridge rot they’ve enabled through their incompetence as a mechanism to steal more of our money.
It’s time for us to send the message to these elected officials and their unaccountable, fat-cat public sector employees: Public servant, obey!
kato commented:
No stimulus to the economy here, just to a handful of special interests. Paying for this latest stimulus and the bureaucratic boondoggles it will create will do more harm to the economy later than any benefit that will be gotten from it today.
Jivemaster knows there are no “shovel-ready jobs.” His party has made sure that every public project is held up and drained financially by lawyers, environmental activists, and regulators.
There will be a big mosque in lower Manhattan years before that huge gaping hole where the World Trade Center once stood gets filled. The only thing getting filled is lawyers’ pockets.
God bless America!
bill-tb commented:
If 862 billion didn’t work, what’s another 50 billion … It makes a nice big pile for the slaves to repay.
How dumb does this guy think America is?
lyle commented:
bill-tb #16
‘How dumb does this guy think America is?’
——–
See Zachriel, comment #9. That’s how dumb Obama thinks the rest of us are.
Larkin commented:
Drove 1600 miles twice in the last four months, south to north and back…on non-holiday weekdays.
Saw lots of torn up roads, orange cones and the like, signs warning of “fines doubled”, and a few signs crediting the federal gov’t for funds, but…
I didn’t see anyone actually doing any work.
Espresso Logic - The 6th Sense commented:
Our “B*nghole in Chief” fails to suprise.
Valerie commented:
He’s not a Keynesian. The economy hasn’t collapsed enough yet. Our social order, and our government, remains.
rocko commented:
$50 Billion? Pfff! With union labor that may fix 5 airports or build 50 California schools. It won’t get started until the EPA, OSHA, National Labor Board, state inspectors, local inspectors, disabilities inspectors, building inspector, fire inspecter all approve the plans. Then you have to go through the law suits from the sierra club, pay offs to the politicians spouse and other various delays. This won’t even make an impact until 2020 and by then it will have cost us $250 billion. Does anyone trust any of these people to do their job properly? I wouldn’t trust them, any of them, with more than $10 and then I would want to have an itemized list on how they used the $10.
kansas commented:
I think you all have confused Keynesian with Kenyan.
bg commented:
++
OT..
maybe they need it “for the children”..
[..] “They don’t have to make the
tough choices when costs run over.”
That’s fairly evident as I glimpse a billboard-sized marble slab engraved with quotes by Cesar Chavez, Maya Angelou and Ted Kennedy. But hey, you can’t put a price on taste.]
==
Valerie commented:
Zachriel
September 6th, 2010 | 7:25 am | #9
All you’re saying is that you failed to read what the man had to say.
Valerie commented:
To recap for those who cannot read, and who refuse to click the video link:
“It has failed to create the jobs promised. Rather than “save or create” 3 to 4 million jobs, the economy has shed 2.7 million jobs since the stimulus passed. It has failed to keep the unemployment rate below 8% as promised. Unemployment still hovers near 10 percent.
It has failed to revive the economy, as growth remains sluggish and there are growing fears of a double-dip recession.”
There’s not much argument about these points. In fact, that’s BO’s justification for this latest move.
Chisum commented:
Now now, Zachriel is the smartest man in the blogosphere.
Just ask him.
bg commented:
++
Florida Girl @ 7:27 am #10
re: [Where does all of that revenue go?]
mosques??
madrassa’s??
militant compounds??
==
Chrissy B commented:
I’ve seen what the first infrastruction porkulus spending achieved…a half-finished job that has a Obama-sign next to it. All this amounts to is another union payoff at taxpayer expense.
fightinggranny commented:
Look how well the Gov’t spends our money.
Decades ago we propped up Amtrak, that Biden likes to ride to DC. WE STILL OWN IT.
Get rid of Amtrak and stop the spending!
Chisum commented:
Obama Did Create 3 Million Jobs — in China
http://www.americanthinker.com/2010/09/obama_did_create_3_million_job.html
Joanne commented:
What is so hard to understand that reductions in taxes stimulate an economy. Where I live taxes have increased on many items – it not only takes thousands of dollars out of our pockets, but it ticks us off big time. People do not go to work to provide the government with our monies to blow.
Opus #6 commented:
Mayor Oscar Goodman of Las Vegas had it right.
Obama is a real slow learner.
xkaydet65 commented:
Will someone do the math on this?Congress just passed a $26billion funding to save 100K teacher jobs for ONE YEAR. Now Obama expects us to believe that the govt can rebuild 150K miles of road plus bridges and RRs for less than twice that money. The teacher $$$ were just for salary. In this package equipment and materials would be more expensive than the salaries.It’s bogus and needs to be exposed.
Agent 99 commented:
LARKIN @ # 18
I did not save the WSJ article, however, you are SOOoooo correct!!
The article noted that Highways were busted up for a resurface job that never happened.
With the Road busted, the Highways were JUST unusable.
Solution?? GRAVEL Roads now exist where there were once Paved Roads!!!
Cannot recall exactly where, but I think it was in the WEST as in Wyoming or Utah or Montana.
And, when the NEW 50 Billion Road/Train **stimulus** was streaming…..the Original PRICE was @ 100 Billion!!!
Agent 99 commented:
**** Just re-read the article by the AP (spit/phooey/barf) it states At “”Least”" 50 Billion!!
PJ commented:
Well, the first stimulus was for the signs. This one is for the actual work.
Agent 99 commented:
PJ ! Love ya..but ACTUAL WORK?? More like using our taxes for Vote Buying! ((PJ))) I know that was a /sarc! God Bless!
Swifty commented:
Oh, for God’s sake, stop spending!!!
You still have at least $300 billion left from the original February 2009 “porkulus” spending bill. Spend from that, if you think spending is so great. Why are you holding that back if spending is our savior?
No more spending, at least until older spending funds are depleted. And, even then, I believe we’ve spent far more than enough, especially considering it hasn’t helped our economy. Stop.
wanumba commented:
They are just on one continuous run of thieving. If they’d tried to take it all at once, the number would have been too big and raised too big a cry, so they are taking in chunks and handing it to their fellow-traveler connections.
bg commented:
++
rigging elections so that they appear
normal is getting costlier & costlier..
GO TPM CANDIDATES!!
==
aprilnovember811 commented:
THIS IS TO FUND UNION WORKERS, LIAR, SOETORO!
I agree,Please, someone kill this thing.
aprilnovember811 commented:
THEY’RE BANK ROBBERS! ARREST THIS FRAUD! HE’S A KENYAN MUSLIM, DESTROYING OUR FUTURE ON PURPOSE.
Please, someone kill this thing.
David S commented:
Large pile of s**t that’s “shovel-ready.” Jesus on a crutch, this clueless bastard is a “one-trick pony.”
Like Neal Boortz said, “You could take what Obama knows about small business and the mindset of the people who own them, shove it up an ant’s ass and it would rattle around like a marble in the Super Dome.”
HerdyGerdy commented:
In my area of the socialst state of Michigan, they are working on the roads all right. They are tearing up and repaving perfectly good roads. The road crews are not from our area, but inner city crews. They have all the lovely signs the ones that have the acorns, and the tigers of the democratic party, announcing the democratic party and Obama are putting people to work. There are roads that despertly need attention, bridges need repair, but here they are wasting tax payer money. No one else is working, but the inner city road crews working in out laying communities. Our local road crews sit idle waiting for local work.