Sunday, June 21, 2009

Sign of the Great Recession


The Great Depression had the Public Works Administration.
The current Great Recession has the American Recovery and Reinvestment Act of 2009.
I took the above photo on June 14 in Wilmette, Ill., on Skokie Boulevard, just south of Hibbard Road. It shows a sign proclaiming that the road construction project was funded by the American Recovery and Reinvestment Act. Skokie Blvd., which is U.S. Route 41, is being torn up and resurfaced thanks to federal government economic stimulus funding.
The sign also includes the slogan “Putting America to Work,” a new logo for the act and a Web address for Recovery.gov.
The American Recovery and Reinvestment Act contains about $787 billion in domestic spending in education, health care and infrastructure, as well as tax cuts and expansion of unemployment and welfare benefits.

No comments:

Related Posts Plugin for WordPress, Blogger...