President Obama is ginning up an autumn marketing push to persuade Congress to approve new infrastructure spending. But this latest effort at Keynesian stimulus may be even less successful than its 2009 predecessor. That's because the same factors preventing earlier projects from being "shovel-ready" remain, while new funding terms will make big digs less attractive to state and local governments.More
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Tuesday, August 23, 2011
The Bankster Plan To Scam Obama's Infrastructure Bank
The WSJ Political Diary is reporting on Obama's coming infrastructure push after Labor Day:
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