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View Diary: GOP captures 30% of voters who want more spending to create jobs (368 comments)

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  •  The stimulus FAILED (1+ / 0-)
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    Tom Taaffe

    Too many contractors taking their cuts, too few big VISIBLE infrastructure projects that were created.

    •  You didn't understand the stimulus. (0+ / 0-)
      •  I understand it perfectly well (0+ / 0-)

        I worked on the Hill for five years and I'm an agency attorney.

        The "stimulus" was a piece of garbage.

        Bernake wouldn't have authorized another $600 billion buy of treasuries if Obama had listened to folks like Bernake and Krugman, in the first instance.

    •  You are so correct (1+ / 0-)
      Recommended by:
      isabelle hayes

      In hartford they announced a 2.3 billion dollar sewer upgrade, shortly after the stimulus plan was passed.

      Hundreds of Black and Latino men flooded the basement of a church where the project was announced, thinking this was the first phase of a new WPA program.

      Instead of finding out how to apply for work, they were treated to a lecture about contracting, subcontracting, sub-subcontracting and this great big machine that tunnels under ground and eliminates the need to hire people to tear up the streets.

      As the room grew uglier and more angry, community activists forced the city officials to say how many jobs would be created.

      The answer was '200 over the life of the project.'

      Now taking this answer at its most generous - 200 people employed for 3 years - and say they all made 40,000 a year (which they won't), that means that only 2.4 million out of 2.3 billion dollars came back to the community in the form of jobs.

      And that's the dirty little secret about privatized infrastructure development. Jobless economic policy, replicated across the country benefitting only the likes of Bechtel, Halliburton and all the other treasury-gouging mega-contrators and gave nothing back to the people.

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