There are quite a bit of conflicting reports of a second stimulus in the works.
Commerce Secretary Gary Locke was “imprecise” when he said President Barack Obama’s advisers are considering a second stimulus measure, his spokesman said today.
Locke, in an interview with Bloomberg Television, said: “If there is to be another stimulus -- and that’s being hotly discussed and very seriously considered within the administration as well as members of Congress -- it needs to be very targeted, very specific and we need to be very mindful of the deficit as well.”
Kevin Griffis, a Commerce Department spokesman, said in a telephone interview after Locke spoke that the secretary was referring to “all the different job-creating measures being considered” by lawmakers rather than a single stimulus measure.
Calculated Risk quotes other bloggers that the political strategy will be to introduce additional Stimulus measures when the unemployment rate hits the magic number of 10%. This is expected with this Friday's unemployment report.
So, fellow Economic Populists, now is the time to raise up program and policy ideas you would like to see for a second stimulus.
I know what I want. Real jobs with real training, damn the politics. We could effectively rebuild U.S. infrastructure while giving people skills, income and training. None of this private contract awards, no-bid bureaucracy or administrative bloat. Something modeled on the 1930's, even run by the military, to move the American people to real productive jobs. Take the models of the CCC and the WPA and do it.