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:: Friday, January 16, 2009 ::
As jobs tonic, big digs may be a thing of the past By TAVIA GRANT, Globe and Mail, Canada
The image is persuasive: Thousands of industrious workers wielding shovels to fix Canada's crumbling roads and bridges, netting a windfall of earnings for their families and motoring the economy out of recession. Trouble is, it may be an image from another era.
While infrastructure spending is a great way to prop up economic activity, many economists don't see it doing much for job growth, where money may be better spent on daycare and nursing homes.------------------------------------------- posted 7:14 AM :: reference link ::
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