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Originally Posted by xoxoxoBruce
True, but maybe if people see some tangible effort to improve their infrastructure and services, they will perceive they can put some faith in the future and boost the economy.
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There is no doubt that infrastructure has been neglected. After all, replacing something does not get the credit found in building something new. The question also remains what infrastructure must be abandoned with the lower living standards.
We know just making jobs does not solve problems. But then look at the wide ranging questions already being asked by Obama.
For example, virtually all earth environment science in NASA has been quashed. Some birds were ready to fly when killed. Obama is asking some embarrassing questions about the new (Orion?) spacecraft ((that is rumored to have Shuttle like development problems). Also asking about grounding of so much science (American spaceflight) to pay for a 'Man to Mars' boondoggle. IOW he is asking about restarting the tiny budgets where virtually all NASA science was once done - such as something like eight earth environmental science spacecraft. After all, that (innovation, discovery, science) is what created productive jobs. So yes, this man appears to be asking damning questions that would result in productive jobs.
The initial problem cannot be solved. Massive obstruction to science over most of the past decade will haunt us with jobs not created in the next decade. Jobs that would have been created in future years have already been lost due to the stifling of innovation over the past eight years. Nothing can fix that. Rather interesting is that Obama is discussing a revival of the American innovation pipeline. He is discussing obstructions to productive job creation.
Another example are the jobs and exports made possible should be address global warning and other problem with new innovative products and industries. All hyped in the 'green' soundbyte. The hybrid car being an example of products available only from America had government continued to force the anti-innovative automakers to market existing innovations. Stifled hybrids is example of jobs lost AND how it now takes so long to create productive jobs. Jobs cannot be created by stifled innovations.
In short, the damage is so deep that it will take the next decade to restore the innovation pipeline to normal capacity so that jobs are created many years later. Just another example of why this economic damage will take so many years to correct.
There is no one magic example. Cited above in as short as possible are one in a long list of reasons why we have a recession and how long it will take to fix a problem that only we created.