December 26, 2009Put Down That Shovel!
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The House has passed a $154 billion jobs bill, and the administration has announced a plan to spend $50 billion of repaid TARP money to "create" jobs—this time its green jobs, "shovel ready" infrastructure projects ($27.5 billion for highway construction and repair) and a tax credit for small businesses. More infrastructure? Recycling Great Depression-era projects is lame. My advice? Put down that shovel! It's time to try something else. View Full Image San Francisco Mayor Willie Brown and Rep. Nancy Pelosi in 2002. We're in a knowledge economy now; we use high-tech tools to efficiently and effectively design, make, market and sell. Building roads and bridges willy-nilly won't make us more productive; and without increases in... Related Topics: economy RECOMMENDED ARTICLES
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