The Inauguration is today, I am watching it now, you should be/have. It's an exciting time for sure.
On that note, according to this AP article:
"It will take years before an infrastructure spending program proposed by President-elect Barack Obama will boost the economy, according to congressional economists."
Here's the key part: "The economy has been in recession for more than a year, but many economists believe a recovery may begin by the end of 2009. That would mean that most of the infrastructure money wouldn't hit the economy until it's already on the mend."
AP Article
Get stoked, because any stimulus plan will probably slide through Congress. Sure, some will put up a fight, Democrats will caution about unwise spending, enough for sound bites at least, Republicans may pull the "I have to set aside my free market principles," and a few may actually, wisely, vote against it. In the end, we will probably end up voting for a literal ocean of money being spent for, ultimately, a significant increase in actual government responsibility and perceived responsibility.
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