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Shapley wrote:Construction is the engine that drives most economies. If we chip in, we can all benefit together,
jamiebk wrote:Try to remember that next time a construction spending stimulus bill comes up in congress
buildings that 'withstood' the quake, are like motorcycle helmets. They took the hit, they did their job, and now they need to be replaced, because likely they can't do the job twice. Lots of learning to be found there too.
Giant Communist Robot wrote:I see the radioactive plume is due to hit Southern California tomorrow. I'll bet there is a real frenzy among people trying to buy those iodine pills. ...
Shapley wrote:jamiebk wrote:Try to remember that next time a construction spending stimulus bill comes up in congress
I always remember that. But Congress does not always understand that, and the things they package into a 'construction' bill often have little to nothing to do with construction.
The U.S. puts too many roadblocks in the way of actually letting construction occur. Much of the cost of construction is consumed by regulation compliance. "When the weight of the paperwork equals the weight of the structure, the structure can be built" - that is the general rule in much of America today.
We passed a stimulus bill nearly equal to the entire GDP of Turkey. Where did it go? Mostly to keep government workers working.
Shapley wrote:Your link for the Caldecott Tunnel shows that that 'shovel ready' project didn't begin drilling until August of 2010, nearly a year after the recession was declared at an end, and full year-and-a-half after the stimulus was passed. That would indicate that the vast majority of the monies spent on the project up to that point were for administration, which kind of supports my point.
Giant Communist Robot wrote:Coincidentally enough, the largest contract, which was awarded Jan 2008, is for deactivating the Savannah River nuclear plant.
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