Obama plans $1 trillion dollar stimulus -- who benefits?


President-elect Obama has said that he wants to rebuild our infrastructure as a way of jump starting our economy and creating jobs. What does this really mean? To better understand this concept, let's look at a single imaginary construction project. Let's also assume that the Federal Government acts to approve projects submitted by state and local governments. Which people and what skills are involved in it?

Well, first you need people who are skilled at creating and preparing budgets, who know Federal, State and Local laws and regulations and who also know environmental laws at the federal, state and local levels. You need people who know how to write and submit bids with reasonable time constraints. You need computer programmers to write the programs for the project.

Then you need contractors who can perform and complete the project. They, in turn, hire project managers, foremen/women and construction crews. You need civil engineers, architects, and surveyors. You need material suppliers and manufacturers. You also need inspectors, consultants, accountants, auditors and tax specialists. And throughout this process, there are a host of federal, state and local agencies and their employees who must be involved.

So while we often think of infrastracture as simply the hands-on work, there is actually a wide spectrum of people and skills that will be needed in almost every project of its kind in cities and towns all across America.

Now, if we multiply this project say 100,000 times we can begin to realize the enormous benefit we will reap in terms of job creation and job opportunities in a variety of careers. And while we tend to despair at the current conditions with widespread enimployment and home foreclosures, there is hope that the Obama program will turn our enconomy around.

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