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| The Obama Administration Tries Making a Change | January 9, 2009, 10:43 am | visits: 127 | wordcount: 501
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By John Parks
President Elect, Barack Obama has announced a job stimulus plan that is geared towards creating more jobs while providing individual states with much needed funding for highway maintenance projects. As we all know, bridges and highways throughout the country are in need of repair and this plan seems to have gained favor among some that have spoken out against previous economic stimulus packages that have been executed thus far.
The initial stimulus plan in which the government sent checks directly to consumers was not as successful as leaders had hoped. Many families used the stimulus checks to pay down prior debt or put the money into savings, in the anticipation of rough times ahead. The job stimulus plan will boost the economy on many levels. The states will get money for needed projects, payroll and sales tax from increased spending; those employed in the construction industry will receive a paycheck.
The biggest concerns being discussed about the job stimulus plan is the amount of time needed to actually implement the construction and improvement projects. As nothing seems to move quickly when the government is involved many fear that it will take too long to actually get this money flowing through the economy. Time will be needed to plan projects, place bids and get needed materials in place. A typical state sponsored highway project takes approximately one and one half years to plan; the job stimulus plan must move faster in order to have the desired effect on the economy.
Senate and Congress have been busy ironing out the details of the job stimulus plan and are trying to finalize it so that it can be signed and put into effect immediately after Obama is signed into office. Governor's from throughout the country met last month in Washington and applauded this unique effort from the incoming administration. Most governors are consistently looking for federal funding for state highway projects and this job stimulus plan will enable the states to create jobs through new construction projects as well as provide needed maintenance to our highways and bridges. Highway projects are typically the first to be cut when finances get tight and construction and maintenance workers are typically the first to be given the ax from the state budget. Union workers throughout the country are looking forward to the additional work.
Only time will tell if the job stimulus plan will work but most everyone agrees that it is a unique plan and one that differs greatly from the typical government approach to solving problems. Many hope that this fresh method of attack is a sign of what the country has to look forward to under the Obama administration. During the nearly two year campaign for president, Obama held onto a slogan of change. If this job stimulus plan is any hint as to what is to come, we should all be expecting change. Changes in the form of new ideas to old problems voters were looking for fresh solutions to help our country through this economic crisis.
For more information on stimulating the economy, visit http://www.jobstimulusplan.com
Source:www.isnare.com | |
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