Forget about what the GOP naysayers have to say. Doing these projects was necessary (even more is needed) and it's now one of the highlights of the US economy. Reuters:
Growth in public works projects "is important at this juncture because you are really not going to see much expansion from the commercial and residential sectors," said Robert Murray, vice president at industry research firm McGraw-Hill Construction.
The housing bust in the United States that crippled the broader economy led to huge job losses in the country's $1 trillion construction industry.
Although the economy is showing signs of recovery, commercial construction still lags the general trend, partly hurt by the retail slowdown. On the other hand, public construction is projected to grow 14 percent to $136.3 billion in 2010, with a wider range of projects emerging, McGraw-Hill said in a report.
