Originally posted by utherpendragon
[b]What Happened to Those Shovel-Ready Jobs?
[quote][i]Obama first made “shovel-ready” a cool, keeping-it-rustic catchphrase in an interview with Tom Brokaw on “Meet the Press” in December 2008. “When I met with the governors, all of them have projects that are shovel-ready,” he said.
And on that day, a talking point was born.
Th ...[text shortened]... ws.com/8301-503544_162-20019468-503544.html
With unemployment hovering near 10 percent nearly two years after President Obama signed his economic stimulus package, Mr. Obama is acknowledging that, despite his campaign promises, "there's no such thing as shovel-ready projects."
The president gave that remark in an hour-long interview with the New York Times.
Mr. Obama also told the Times that he should have "let the Republicans insist on the tax cuts" in the stimulus, rather than including them himself, so the package would have seemed more like a compromise. The stimulus package, which the Congressional Budget Office said this year will cost $862 billion, included $236 billion in tax cuts. Nevertheless, the president said in the interview that he comes across as "the same old tax-and-spend Democrat."
When the president campaigned for the stimulus package at the start of his presidency, he and others in his administration repeatedly insisted the investments would go to "shovel-ready" projects -- projects that would put people to work right away. As recently as August, however, local governments were still facing delays spending the money they were allocated from the stimulus, CBS News Correspondent Nancy Cordes reported.