Word: repairs
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...where Bloomberg's green vision has clashed with political realities is mass transit. The subway system is controlled not by the city but by New York State's Metropolitan Transportation Authority. So while PlaNYC includes a call for the subways to be brought up to a state of good repair (a visit to any subway station will indicate they're not there yet), the city doesn't have the power to enforce it. Similarly, the plan pushes new projects like the long-awaited Second Avenue subway line on Manhattan's far East Side. Those multibillion-dollar improvements were...
...very hard on shoes," says Matt Powell, an analyst at SportsOneSource. "Grass creeps in them, they get wet, and they can even get moldy. It's easier to play in an old golf shirt than play in old, rotten shoes." While you can send weary brown shoes to the repair shop, it's harder to fix up a pair of sneakers. Plus, consumers might be trading down from expensive golf equipment to shoes. Instead of splurging on a $700 set of new clubs, which rarely wear out to the point you can't use them, golfers can buy new shoes...
...carmakers say three years and 36,000, they mean exactly three years and 36,000 miles. Any changes or extensions, while not uncommon because of pressure from state lemon laws, are reviewed by senior management. Dealers get some leeway but not much, and taking a car to an unauthorized repair center can effectively negate the warranty. "None of this is clear," said one dealer, referring to the many nuances of warranty work that are yet to be defined in the government's plan. He also noted that if GM is forced into bankruptcy, dozens of dealerships could close and consumers...
...President Obama has recognized the role transportation projects can play in revitalizing the economy. His recent stimulus package wisely includes $8 billion for the construction and repair of rail infrastructure. High-speed rail projects create an immediate economic benefit as well as a long-term one. Initially, the construction of new rail lines and the ancillary demand for steel and concrete will create thousands of jobs...
...activity for months. It is also possible that some factories will simply be out of business and the sources of goods for replacing dwindling inventories will have gone away. The normal supply chain in some industries may be severely disrupted in a way that will take several quarters to repair. Retooling or replacing factories is unlikely to be a quick process. (See TIME's Pictures of the Week...