Infrastructure Spending

An earlier post also mentioned infrastructure spending, which this article reminded me of. The stimulus package is criticized as having mediocre results. Many projects are not as efficient as desired/expected and in the rush to stimulate many bad plans went through. Obama wants to propose another infrastructure plan for $50 billion which includes fast rail transportation across the country. However there is doubt that this proposal will see much support. Reasons for probable lack of support are that most people believe that the first stimulus package took care of this (when really only $64 billion was for infrastructure development), mid term elections are close and Americans are weary of spending.