Saturday, December 6, 2008

Public Works Projects to Address Ailing Economy

From the NYT:

President-elect Barack Obama committed Saturday to the largest public works construction program since the creation of the interstate highway system a half-century ago as he seeks to put together a plan to resuscitate the reeling economy. . .

Although he put no price tag on it, he said he would invest record amounts of money in the vast infrastructure program, which also includes work on schools, sewer systems, mass transit, electric grids, dams and other public utilities. He vowed to upgrade computers in schools, expand broadband Internet access, make government buildings more energy efficient and improve information technology at hospitals and doctors’ offices.


Commentators point out similarities with the public works programs that were central to the New Deal, such as the Works Projects Administration, Civil Works Administration, and the Civilian Conservation Corp, as well as similarities with the creation of highways during the Eisenhower Administration.