Watch for Falling Infrastructure

[Donnachaidh]

http://smirkingchimp.com/thread/stephen-pizzo/36612/watch-for-falling-infrastructure

So, unemployment is back up over 9% .. and that's just the official number that counts those applying for unemployment insurance over the last four months. The real number is closer to 20%, the highest since the last Great Depression.

If Obama wants to get himself re-elected next year he damn well better get those number down, and fast. So far bailing out America's financial sector hasn't done the job. We could have told him it wouldn't, and it didn't. All it did was encourage the bastards.

What was needed back then, and is now needed more than ever, is an FDR national works program. A modern-day Works Progress Administration, WPA, is perfectly timed to refurbish the roads, bridges and other national infrastructure built by the first WPA three-quarters of a century ago. And in the nick of time too boot. Take a gander at this:

From the Pew Research Center:

More at the link --