Sunday, January 4, 2009

Obama Throws Out The First Pitch

Without even waiting for Congress to reconvene, president elect Obama used his Saturday morning four minute radio address to begin selling the terms of what he and his transition team are now calling the "American Recovery and Reinvestment Plan" to the general public. Without mentioning any specific dollar values, he stated his goal as creating three million new jobs, eighty percent in the private sector, by means of investments in renewable energy production and energy efficiency, infrastructure construction, medical record computerization, school reconstruction, and middle class tax relief.

He emphasized that "... we must engage contractors across the nation to create jobs rebuilding our crumbling roads, bridges and schools."

We can expect to hear a lot more of this in the coming days, since it is now only sixteen days until inauguration day, the target date the president elect and speaker of the house have set for passage and signing of the stimulus legislation. Look for more details about the development of the final version of this legislation to be released each day over the next two weeks. If you have been acting on what we already know about it, you are quite likely to be miles ahead of your competition when the projects in your market are advertised for bids.

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