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  • RBC Picks 20 Companies That Might Benefit From Obama's Infrastructure Plan [View article]
    <<Obama is, of course, not trying to invest in public works in a cost effective way.

    He [Obama] is, however, trying to repay those who voted for him. The CBO has shown that only 1 in 4 dollars allocated to infrastructure construction is spent on it. >>

    How was the "1 in 4" figure determined? Over what period of time? Through whose administration(s)? Who knows. Of course, this figure couldn't have been helped by the $223 million appropriated for Alaska's "Bridge to Nowhere" - the funds provided by the Fed. govt. having been kept by Gov. Sarah Palin after the project was killed.

    Also ... (wink, wink) how do we know what Obama's intentions are, since he's been President for such a short period of time. Oh, I forgot: he won't take office until late January.

    Let's not condemn Pres.-elect Obama until it's reasonable to do so - for Republicans, this means Day 1 after his inauguration.
    Dec 11 09:09 am |Rating: +1 0 |Link to Comment
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