tag:blogger.com,1999:blog-6762928.post5546532486676115221..comments2024-01-03T05:23:36.046-08:00Comments on The Citizens: Thanks, Dr. Obama: The Right Prescription for AmericaUnknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6762928.post-2176897950778902322008-12-08T15:29:00.000-08:002008-12-08T15:29:00.000-08:00I also think that the WPA projects made people fee...I also think that the WPA projects made people feel proud of themselves and their nation. And just that alone will increase confidence and perhaps lead to a better economic situation. When people are proud, they invest themselves for reasons beyond money. That is a very big deal.<BR/><BR/>We've been told for too long to spend our cash, that savings is for suckers, and that the almighty dollar is king. Now the message is, "let's all dig in and get our nails dirty and our hands grimmy."<BR/><BR/>This will be a welcome change.<BR/><BR/>Anonymous makes a good point.Not sure what the nitty gritty details are yet. But I am sure they are considering that.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6762928.post-82693499422252276812008-12-08T13:46:00.000-08:002008-12-08T13:46:00.000-08:00I think an important part of all of this is whethe...I think an important part of all of this is whether the projects are going to be subject to federal Davis-Bacon requirements regarding paying prevailing wage. For example, all of the rebuilding done after Katrina was exempted from DB requirements.<BR/>If DB is not required for Obama's big projects and instead left to states to determine wages, that may be a problem given that only a few states have "little Davis-Bacon" statutes. An asymmetrical work force may result if CA pays prevailing wage and AZ chooses not to. Or even worse, CA chooses to exempt prevailing wage to compete for federal $$$.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6762928.post-14376320091548708642008-12-07T10:02:00.000-08:002008-12-07T10:02:00.000-08:00This is good news. If we are going to go into deb...This is good news. If we are going to go into debt to weather this economic storm of the century, it is best to go into debt funding things that will generate economic activity and revenue in the future. This is preferable to use debt to fund more consumption now. <BR/><BR/>And like I sad in an earlier post it is good that we are doing this now instead of after 3 more years of economic crisis (as Hoover's continued Presidency forced us to do back in the 30's).Raised By Republicanshttps://www.blogger.com/profile/03461006522141969925noreply@blogger.comtag:blogger.com,1999:blog-6762928.post-14638591706280597262008-12-07T09:40:00.000-08:002008-12-07T09:40:00.000-08:00One excellent feature of the plan is that it would...One excellent feature of the plan is that it would give money to the states (which claim to have over $136 billion in projects waiting to go). This would make control of the projects more local than a pure federal program, and also frees up state tax dollars to deal with local deficits, without hurting education and other local priorities.<BR/><BR/>And it will still be way cheaper than the Paulson bailouts or the Bush wars.Dr. Strangelovehttps://www.blogger.com/profile/14407042105777411150noreply@blogger.com