Bloomberg reports on the incoming presidents plans:
Dec. 6 (Bloomberg) -- President-elect Barack Obama said he’ll make the “single largest new investment” in roads, bridges and public buildings since the Eisenhower Administration to lift the sagging economy and create jobs. ....Large public construction projects are, of course, extremely complicated to plan, often involving many compromises and finally gathering needed land through eminent domain. So, how will The One assure that proper progress will be made, rather than just "throw[ing] money at the problem"? Here's how, he will eliminate that lengthy and messy planning process altogether:
“We won’t just throw money at the problem,” he said. “We’ll measure progress by the reforms we make and the results we achieve -- by the jobs we create, by the energy we save, by whether America is more competitive in the world.” [emph. added]
To the states that will be the conduits for the funding, he had a simple message: “use it or lose it.”
“If a state doesn’t act quickly to invest in roads and bridges in their communities, they’ll lose the money,” [Obama] said.
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