The Myth of Shovel Ready Jobs, Again
A while back I posted about how Obama was unhappy with the problems surrounding the notion of “shovel ready” jobs. At the time I was taken to task since it was reported as something Obama said but there was no other information such as a date, time, etc. Here is the quote,
The biggest frustration involved infrastructure. Obama said later that he learned that “one of the biggest lies in government is the idea of ‘shovel-ready’ projects.” It turned out that only about $20 billion to $40 billion in construction contracts were truly ready to go. The rest were tied up in the endless contracting delays and bureaucratic hassles associated with building anything in America. [E.A.]–Link
Well now we get this story. Obama is joking about the problems with shovel ready jokes.
While meeting with his Jobs and Competitiveness Council today in Durham, N.C., President Obama cracked wise about one of his administration’s early catchphrases.
Remember “shovel-ready projects.”
Those were construction projects in the 2009 stimulus bill that were supposed to get moving right away — but jobs council members told Obama today that some got held up because of elaborate government regulations and permitting procedures.
“Shovel-ready was not as shovel-ready as we expected,” Obama said.
Whoops. Sorry Brummagem Joe. More here,
President Obama handed GOP operatives everywhere a gift at the Jobs Council meeting today. With a big grin, he noted, “Shovel-ready was not as — uh — shovel ready as we expected.” His remark prompted hearty laughter from others on the panel, including GE’s Jeffrey Immelt.
This was, by the way, one of the complaints about fiscal stimulus spending. That the idea of getting that money spent quickly and on shovel-ready jobs is more of a myth than fact.