Under the stimulus, there is limited ability to build transit systems or major power generating facilities, upgrade water systems, or undertake significant environmental cleanups. While President Roosevelt built dams and President Eisenhower built an interstate highway system, President Obama's stimulus fills pot holes.
Friday, August 14, 2009
Building Something of Meaning
Mayor McCrory of Charlotte has been complaining about the stimulus for a while. Most of his argument revolves around the fact that its ridiculously hard to build anything of long term meaning. I tend to agree with him on this point and think that if we're going to spend the money, it might as well be on things that are long lasting.