Interest rates are ridiculously low. You may not realize that interest rates this low for this long was almost never seen. Also appreciate what is coming because we spent the last ten years spending wildly. Nixon did it in 1968 and 1970. Therefore the debts came due in 1975 and 1979. Do you remember what Paul Volker finally did to fix the economy? Interest rates of 20% were common. We still have either massive inertest rate increases or devaluation of the dollar to look forward to. Or both.

Appreciate where we are. The stock market crashed in 1929. Therefore the resulting economic turmoil got ugly many years later - 1933. You have let to see the damage created by the money games of this last eight years. You are still living the good times. If you think this is bad, you have no clue what even the 1970s were like.

Agreed
S.O.S.
Now is fine, but remember since this is a very liberal board some may hesitate to call out their own.

This is a sticky political point for me - Jobs created is quantifiable. Jobs saved is not quite as much. IMO that is why the Admin. changed the terminology from created to saved or created. Also, I'm ok with jobs being saved.

Some of these are already done and waiting for weather, permits and such. From what I have heard, the engineers have already done their part.

http://www.stimuluswatch.org/

http://news.stimuluswatch.org/post/7...d-in-the-press

In the case of the infrastructure funds, as an example, nearly all the funds go through the states.

It is not like Joe the Plumber can say he is now Joe the Road Builder and has a shovel ready project and "where's my check"?

It is not an issue of weather or permits but more a matter of the states first agreeing to accept the funds (they have until April 3 to notify the White House), then submitting various forms, including prioritizing the projects and other compliance details.

If the infrastructure funding is coming through DOT, the states have these compliance certifications.

All of this is to satisfy readiness, prioritization and (for Merc) transparency!

These are the "wish lists" from cities across the country compiled by the US Conference of Mayors. None of these are on any "approved" list.

Each governor still has to prioritize, deny many of those on the lists and provide that certification and transparency to the feds.

Yea, it is a pretty good way to see how they are wasting money trying to create a few jobs.

LOL

You scream "where's the transparency" when there was clearly no transparency issue to anyone other than you (the still ongoing transparent deliberations in Congress on the Obama 2010 budget proposal and the threat of reconciliation) and you mock transparency when it exists in the stimulus bill.

About what I expected.

Actually, no in this exchange we we talking about jobs and I said were are the jobs and where are the "shovel ready" jobs that Obama promised. They are no where.

So you are ok spend hundreds of thousands for a few jobs? Who pays when the money runs out?

I dont think reasonable people expected, nor did Obama promise, millions of jobs in the first 30-60 days after the bill's enactment.

Really? Tell it to the unemployed.

That was why the first funds released were for the extension of unemployment benefits to those who have reached the limit and more funds to the states to cope with the greater number of newly unemployed.

Beyond that, you and I have reached an impasse......again.

I have no problem with our impasse. It is an expected end.

Hey, all you unemployed people surfing the web in the library! The stimulus plan won't work immediately!

You probably knew that already, but Merc wanted to make sure.

:lol2: Ha, ha, ha... you so funny. Oy, and clever too.

Not with credit cards. Rates are going up.

And you have not yet seen how high they may go. 22% interest rates were typical in the 1970s. The rates are going up and are still low.