While frantically stumping for his stimulus plan, President Barack Obama told an audience in Elkhart, Indiana: “Economists from across the spectrum have warned that if we don’t act immediately, millions of more jobs will be lost… [W]e can’t afford to wait…”
That was then.
This is now:
As the language of the act reveals, some of the unemployed may have to wait until 2012, or even later, for their piece of this pie.”
The $1.1 billion for Grants-in-Aid for Airports allows the USDOT secretary up to one year to make grants.
Then there is the $8 billion the plan commits to high-speed rail (HSR) corridors.
“The definition of HSR, as applied to those in European and Asian countries, is passenger rail service that averages more than 150 miles per hour, which can only be achieved on very expensive, dedicated lines that serve only HSR,” says Utt. “Since no such lines exist in the U.S., any HSR would have to first acquire a right of way, buy the land in it, lay the very costly track, and buy the new equipment.”
Much More To Read About The Red Tape
The stimulus bill was not thought over very good was it, the democrats in congress showed that they can not and should not be writing the stimulus bills, thats Obama and his people job to do. Obama must not have experience enough to write it or he would not of allowed Nancy Pelosi to write the stimulus bill. He was to busy campaigning
which he does have lots of experience in, because he never had time to vote as a Senator. I think Hillary Clinton, Sarah Palin and John McCain was right when they said that Obama was not experince enough to be president.
(1) How comforting
Sources close to the White House say Mr Obama and his staff have been “overwhelmed” by the economic meltdown and have voiced concerns that the new president is not getting enough rest.