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Obama: Investments in energy sector to create 700,000 jobs.

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Old 07-09-2010, 04:01 PM
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Re: Obama: Investments in energy sector to create 700,000 jobs.

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Originally Posted by Harold View Post
Without OB, the US would still be sinking! H
It still is... we haven't seen the worse of it yet.
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Old 07-09-2010, 04:44 PM
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Re: Obama: Investments in energy sector to create 700,000 jobs.

Yes I agree, I should have said, US would be sinking at a much higher rate.
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Old 07-09-2010, 11:43 PM
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Re: Obama: Investments in energy sector to create 700,000 jobs.

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That's why the price is varied, because they are guestimating 2.5 million jobs eventually with 1.8 million now with the money spent. So ideally it is $315,000 per job if 2.5 million is realized.
There are big problems with the statistics they are gathering at the ground level.

This winter I worked about 2 months on ARRA projects cleaning up abandoned gas stations. We completed forms detailing how many of our people worked on the job, but our subcontractors (i.e. dump truck drivers, drillers, heavy equipment operators) were not included in the total. The direct employment on the job was understated by a factor of about 3 because they weren't included on the form. And that's not including indirect employment such as at the haz mat landfill and at the quarries that provided excavation backfill.

My complaint was that due to the hurry to stimulate, the project was inefficient because of working in the winter weather. We had to use hydraulic concrete breakers to break the frost.
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