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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
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