President Barack Obama’s economic stimulus program spends heavily on infrastructure, which is fitting since the construction industry has spent heavily on politics.
Dozens of well-connected industries won billions of dollars in the American Recovery and Reinvestment Act signed this week by Obama—borrowed money that will be repaid by future generations—and they all lobbied heavily for their handouts and for the bill’s passage. The construction industry deserves special attention because it got special consideration in the bill.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.