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LTE: National Recovery Plan | 20 comments (20 topical, 0 editorial, 0 hidden)
Re: LTE: National Recovery Plan (none / 1)
I'm going to be amazed, quite frankly, if they can hold unemployment below 8%.  They should be smothering the Roosevelt Room in champagne fizz if they do, regardless of what sector the jobs are in.

To the point about retail, leisure, etc, while I think it's a very fair point that the stimulus package does not -- at least not yet (as you know, it may look completely different once Congress has its way with the bill, Congress being Congress) -- emphasize manufacturing and assorted green and tech jobs enough, some of the job creation in retail and other areas is probably anticipation of basically making up lost ground, given that a lot of retailers are going under and taking the jobs with them.

Still, I want to see more emphasis on trains for urban areas and greener automobiles for rural areas.  If I remember correctly, Amtrak, for example, has about $10bn in projects ready to go, but the package only calls for filling $4bn or $6bn of the hole.

Be nice to America. Or we'll bring democracy to your country.

by Drew J Jones (pedobear@pennstatefootball.com) on Fri Jan 23rd, 2009 at 03:01:30 PM EST
[ Parent ]
Re: LTE: National Recovery Plan (none / 0)
I found it interesting that Obama talks not just about creating new jobs, but preventing the loss of old jobs.  I don't know how you measure the latter, but if he were an Irish politicians he'll be claiming he saved millions of jobs that would have been lost if he hadn't acted so decisively...

notes from no w here
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Fri Jan 23rd, 2009 at 03:19:05 PM EST
[ Parent ]
Re: LTE: National Recovery Plan (4.00 / 3)
Has anyone 'serious' ever produced a useful map of the economy summarising capital flows between various sectors?

It seems if you're going to be doing some serious re-engineering, it would be useful to know where the money is and where it's going.

Or am I being naive and not serious enough here?

by ThatBritGuy (thatbritguy (at) googlemail.com) on Fri Jan 23rd, 2009 at 03:52:29 PM EST
[ Parent ]
Re: LTE: National Recovery Plan (none / 0)
Simple.  My the laws of nature money flows from poor to rich areas

notes from no w here
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Fri Jan 23rd, 2009 at 04:16:37 PM EST
[ Parent ]

LTE: National Recovery Plan | 20 comments (20 topical, 0 editorial, 0 hidden)
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