Posted by JML755 on January 28, 2009 at 07:35:40 from (66.184.63.110):
In Reply to: o/t you know its bad posted by 7lazy77 on January 28, 2009 at 04:27:15:
dhermesc said: (quoted from post at 10:49:37 01/28/09) I'm puzzled at the infastructure job deal, we
certainly need to improve highways and bridges,
but these projects need advance engineering, and
will be slow to get going, and who will apply,
or be quailfed?
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I'm puzzled too. I never knew that abortion providers and ACORN helped build the infrastructure of the country.
Didn't read anything about a single bridge or highway getting built in the $800,000,000,000 spending bill. Although some museums and sports center/community centers are buried in there.
Can anyone say short-term "pork"? Even if they dump the money into the economy, it won't be a long-term fix.
The problem is our lack of confidence that we will have an income tomorrow or the next day. As others have said, we, as a nation are tightening our belts and eliminating discretionary spending almost out of fear. (When someone questions buying a splitting maul, you know things are tight. See other post) My wife and I are both employed and would probably be classified as upper middle class (not exactly sure where the boundaries are). However, we live like we will lose our jobs tomorrow, car-pooling to work, brown-bagging with leftovers, no credit-card debt. We're trying to build our savings in case something does happen. What this means is that the restaurants we used to frequent and the other stores we shopped at are not seeing our dollars. Retailers and other businesses are closing their doors or laying off people in record numbers.
I figure we'll have to make it through another 4-5 years of this. But just as our parents/grandparents came out of the Great Depression with very fiscally conservative atttitudes, I think this will teach us a good lesson and be healthy in the long run
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