- Bill Paxton, WSDOT Spokesperson? http://bit.ly/9DfqNQ #
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Apparently the Seattle Times ran across my post from 2008 where I talk about our “What Me Worry?” Legislators who refuse to believe that just because we voted down two funding packages (state and regional) for a new gold-plated 520 bridge, we can somehow wish the funding into existence anyway. The Times reveals what many of us have been banging our spoon on the high chair for years about — that we can only raise (borrow) 2.6 of the 4.6 billion dollars needed. Er… ah. I mean the 4.6 billion PROJECTED/pre-overrun dollars needed.
To add insult to injury, the fallback “plan” to toll I-90 seems to be DOA. The Feds very likely won’t go for it.
Then inexplicably, actor Bill Paxton steps up and responds with what has to be the DOTs position at this stage. At the end, I believe you can hear one of the DOT graphic designers implying that more slides or renderings may help move things forward. Weird.
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…but that economic boost had better take effect soon. Checking out the headlines in the economy session of Investor’s Business Daily today didn’t exactly reassure me:
At this same point in the Reagan presidency, he was in serious trouble. He knew that his version of Keynesian stimulus (tax cuts) needed to provide tangible results soon, or his re-election would be doubtful. Luckily they did (see chart below) and a 25 year secular economic boom resulted. CBO projections indicate the current state of elevated unemployment is also about to turn the corner. The gray areas below indicate the time between Reagan/Obaama inauguration and 532 days into their presidency.
On a related note, I’ve been playing with the Gallup presidential comparison chart a lot lately, and Obama and Reagan are almost exactly tied in terms of general approval at 532 days in.
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