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Infrastructure Tag

Posted by William A. Jacobson on January 13, 2009 0 Comments

Barack Obama is about to propose a massive, trillion dollar stimulus package, the centerpiece of which is infrastructure projects. Large-scale infrastructure projects have a long history of cost-overruns, mob-influence through corrupt unions, and are not effective at long-term job creation.But that is not the worst...

Posted by William A. Jacobson on January 09, 2009 0 Comments

My home state of Rhode Island has been asleep at the wheel when it comes to grabing proposed federal instrastructure stimulus dollars. Although it has been known for weeks if not months that Barack Obama was ready to throw hundreds of billions of dollars at...

Posted by William A. Jacobson on December 09, 2008 5 Comments

Illinois Governor Rudy Blagojevich has been indicted [correction 12/14/2008 - charged in a criminal complaint] for many offenses. While the press has focused on the attempt to sell Barack Obama's open Senate seat, there is a more important aspect of the indictment as relates to...

Posted by William A. Jacobson on December 08, 2008 1 Comment

The stimulus plan proposed by Barack Obama focuses on public infrastructure projects, which have a long history of cost overruns, corruption, and construction incompetence. Public infrastructure construction and maintenance is important, it's just not an efficient use of funds if a quick economic stimulus is...

Posted by William A. Jacobson on December 06, 2008 3 Comments

In his weekly radio address today, Barack Obama repeated his intention to stimulate the economy and "create" jobs through a massive public infrastructure program. As we have noted before, "[o]f all the concepts to help build the economy, Barack Obama has seized on the one...

Posted by William A. Jacobson on November 24, 2008 0 Comments

The Obama administration-in-waiting has devised a plan, still in its infancy in details but well developed in magnitude, to create millions of jobs through public infrastructure projects. Various Democratic leaders talk about a plan ranging from hundreds of billions of dollars to over a trillion.Creating...

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