Dec 29 2008
Incoming chair of the White House Council of Economic Advisors, Lawrence Summers, wrote eloquently in the Washington Post this weekend about President-elect Obama’s American Recovery and Reinvestment Plan which includes funding for infrastructure. Summers gives a few more details about the proposed plans, specifically addressing the upgraded jobs figure of 3 million, but what is most [...]
Dec 29 2008
Even during the Holiday break, talk in Washington still revolves around the Economic Recovery package and what the funding level will be for infrastructure projects. Since ASCE President Wayne Klotz sent his email to all ASCE members on Friday, December 19th regarding the Economic Recovery and ASCE’s ongoing efforts, the ASCE Washington office has had meetings [...]
Dec 21 2008
This morning’s Washington Post reports that as the economic situation continues to worsen, President-elect Barack Obama’s proposed economic recovery plan’s goals and price tag continue to grow. When Obama announced his plan in early December, he proposed a large stimulus to create 2.5 million jobs over two years. His team of economic advisors now predict [...]
Dec 19 2008
The call to invest in the nation’s infrastructure for economic recovery has grown so loud it can no longer be ignored. Congress and the Obama administration are scheduled to act on this issue in the first days of 2009. In the coming days and weeks, ASCE will be leading the charge to ensure those investments [...]
Dec 17 2008
Millions of people sit stuck in traffic, water and steam pipes routinely burst, and competition for scarce property makes people build too close to some structure such as dams and levees- that’s what we deal with every day. We all know that the nation’s infrastructure is inadequate to meet the needs right now, but what [...]
Dec 10 2008
Every time I open one of my investment statements these days, I catch myself wincing. It’s better not to look. And I’m pretty sure I’m not alone in this club. The turmoil in the financial markets is hitting all our wallets and bank statements and making us think twice about where we allocate our funds. [...]