electricron wrote:afiggatt wrote:matthewsaggie wrote:This is another ARRA stimlus funded project. Proud to say that NC did well in obtaining theses funds for projects such as double tracking, Raleigh station, sidings on the H line, and now cross overs on the A line. ...
… funds for the crossovers that CSX will install over the next year was awarded close to 5 years ago. Good to see the construction work get started, but good grief it has taken a long time for what should be a simple project.
While great for Amtrak and Piedmont trains, how long it took to start shows that many of the rail projects were not construction ready. Emergency funds for stimulating the economy during a recession to get people back to work wasn't spent until long after the recession was over. Poor timing.
Sweetness to claim that the effects of the Great Recession are over.
But the economy remains far, far below where we could have been
before the crisis threw things into reverse.
Today millions of people who lost good jobs are trying to live on
part-time work or minimum wage jobs. Millions of others gave up
looking for work and retired as best they could, often on disability,
their disabilities probably aggravated by depression induced by being
unemployed. The share of working age citizens working or actively
looking for work reached historic lows in the Great Recession and
it has stayed low.
We actually need more measures NOW -- including more infrastructure
projects -- to increase employment opportunities. But it is much easier
for Congress to simply forget about the saddest victims of the financial
crisis of 2008.