[quote=Allan from Fallbrook]peterb: I mentioned something similar to this on another thread when I said I thought we’d see a return to 1930s style WPA-type projects (i.e. infrastructure related goverment spending on a very large scale).
The US infrastructure is in a dire state, and it will probably take massive amounts of government spending (a la what occurred during FDR’s reconstruction programs, WWII, or the Japanese government programs of the 1990s) to turn things around.[/quote]
At least we’d see some tangible improvement to our infrastructure for the money spent… unlike the direct handouts along the lines of the Bear Stearns/JP Morgan deal. I’d rather see any “economic stimulus package” result in new roads and bridges and the jobs that would create. I’d rather see a WPA project than the ridiculous stimulus checks or a gas tax holiday.
