Nov 23, 2008
If the Obama administration doesn’t hit the ground running, it won’t be because the cities are dragging their feet. For a measly $24.5 billion (a tenth of the amount Treasury Secretary Paulson has already handed out to banks and investment houses, although we still do not know who has gotten what, and it hasn’t made much of a difference, has it?), the cities are ready to go with 4,591 infrastructure projects in 153 cities and in ten different categories, including energy, transit, highway, airport, Amtrak, water/wastewater, public safety, and school and public housing modernization.

In a press release from the United States Conference of Mayors, they state the projects are ready to go and could be started and completed in 2009. The projects would create more than a quarter of a million good-paying jobs.¹

For a complete list of projects, costs, and employment figures, see the conference’s report, Ready-to-Go Projects (.pdf).

A boost to our sagging infrastructure and some major relief for our soaring unemployment! We hope Obama is listening, and we hope Paulson hasn’t emptied the whole $700 billion purse into his cronies’ pockets by January 20.

Update, Jan 13, 2009: The Conference of Mayors has released its third report. It now has over 15,000 ready-to-go projects in 641 cities capable of producing over 1.22 million jobs.²
____________________
¹ Press Release (.pdf), November 14, 2008 (Accessed November 18, 2008)
² Press Release (.pdf), December 19, 2008 (Accessed January 13, 2009)
tags: Economics | Employment | Politics