Thank you to the democrats!
Public Works Projects Promoted at Hearing
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By ROBERT PEAR
Published: October 29, 2008
WASHINGTON — Business executives and Republicans joined Democrats and labor unions in clamoring Wednesday for a multibillion dollar initiative to stimulate the economy with more federal spending on roads and bridges, waterways, airports, railways, schools and energy-saving technology.
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Now is not the time to worry about the federal budget deficit, the witnesses and members of Congress said at a hearing of the House Committee on Transportation and Infrastructure.
Gov. Jon S. Corzine of New Jersey, a Democrat, told the committee that Congress should take action “post-election, not post-inauguration” — in November or December, instead of waiting until after the new administration takes over in late January — to provide $250 billion to $300 billion for new projects.
Representative James L. Oberstar, Democrat of Minnesota and chairman of the committee, said he was tired of hearing from economists who believed that spending on public works would not be of much help because the projects were built slowly, over months or years.
“The problem with those economists,” Mr. Oberstar said, “is that they never had their hands on a shovel and never had a callus on them.”
Lawmakers of both parties said that Congress, having passed a $700 billion bill to bail out banks and Wall Street investment houses, now needed to help consumers and smaller businesses.
Mr. Oberstar said that House Speaker Nancy Pelosi, Democrat of California, had made a “firm commitment” to pass an economic recovery bill, with money for transportation and public works, as soon as possible.
Annie, Peggy, Lorraine, Phyllis, Billy and Ensemble:
- I got it!
- Well, what is it?
- A penny, a nickel...
- You got hold yo' horses and let me get the dough off!
A dime!
We're in the money,
We're in the money;
We've got a lot of what it takes to get along!
We're in the money,
The sky is sunny;
Old Man Depression, you are through,
You done us wrong!
We never see a headline
'Bout breadline, today,
And when we see the landlord,
We can look that guy right in the eye .
We're in the money
Come on, my honey
Let's spend it, lend it,
Send it rolling around!
All:
We're in the money,
We're in the money;
We've got a lot of what it takes to get along!
We're in the money,
The sky is sunny;
Old Man Depression, you are through,
You done us wrong!
We never see a headline
'Bout breadline, today,
And when we see the landlord,
We can look that guy right in the eye.
Look that guy right in the eye-
Look that guy right in the eye-
We're in the money
Come on, my honey
Let's spend it, lend it, send it-
Let's spend it, lend it, send it
Rolling, rolling-
Rolling around! |
