Hope we're "shovel-ready" enough to get some of those public works  funds 
when they start to trickle down.....
 
The Pockmarked roads of New Jersey.... 8 min. video:  >>>  
http://tinyurl.com/8kvdox    Online NewsHour |  PBS    
 
or text:  http://tinyurl.com/98wlga
 
Infrastructure Spending May be Key to Boosting Economy | Online NewsHour |  
December 22, 2008 | PBS 
 
Excerpts:
 
PAUL SOLMAN: The pockmarked roads of New Jersey, one small argument for why  
America desperately needs a massive infrastructure makeover....like New 
Jersey's  Pulaski Skyway, a three-and-a-half-mile elevated road connecting 
Newark 
and  Jersey City built in the 1930s.
 
BRIAN STRIZKI, state transportation engineer, New Jersey: This bridge is  the 
same type of bridge that collapsed, the I-35 bridge in Minneapolis.
 
GOV. JON CORZINE, D-N. J.: We have got the engineering plans. All we need  is 
the money to -- and the trigger pull on go-ahead.
 
PAUL SOLMAN: And it's not just transportation projects that are -- quote --  
"shovel-ready," says Kris Kolluri, New Jersey's former transportation boss, 
now  head of school development. 
 
KRIS KOLLURI, executive officer, New Jersey Schools Development Authority:  
In New Jersey alone, the aggregate cost of fixing schools is close to $25  
billion.
 
ED YARDENI, economist: This is not the 1930s, where you had a lot of  
able-bodied men who were unemployed, and you could send to the Hoover Dam, and  
-- 
and build the thing. Here, we have got a lot of people in the services  academy 
that, they're not shovel-ready.
 
GOV. JON CORZINE: I don't buy that argument. It's true that somebody coming  
out of Wall Street probably isn't going to transfer to the long end of a  
shovel.  On the other hand, it strikes me that there are -- with two-thirds  
reduction in the amount of homebuilding going on in the country, there are a 
lot  
of people available for these jobs.

PAUL SOLMAN: Isn't this socialism? 
 
ROBERT FRANK: These are unusual circumstances. So, getting extra spending  
into the system really is the imperative right now. It's got to come from  
government, at rare moments like this.
 
If the alternative is to have people sitting idle, then we're better off in  
the long run, even if we borrow every nickel to hire the people to do the  
work.
 
 
 
 
 
 
 
 
 
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