Word: shovels
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...help fund plans like an expansion of Miami's undersized Metrorail system - especially a 10-mile northern extension that would reach into predominantly African-American and other minority communities largely cut off from downtown and other employment centers. But the project, in part because it's not considered as shovel-ready as jobs like existing highway maintenance, isn't getting any of the $15 billion in stimulus aid for Florida, and has been shelved for the time being...
...Howard’s scholarship attend California state schools. However, as he views public university tuition as too high for many students, Howard hopes to encourage more students to apply to private institutions where they can receive financial aid. Howard said at the panel, “Counselors shovel kids into flagship or second tier state schools. Wouldn’t they want to go to private schools so they could get more...
Chicago estimates that the cost of hosting the 2016 Olympics will be $4.8 billion. If its bid finds favor with the IOC this week in Copenhagen, the city might be well advised to get venues shovel-ready as quickly as possible, for it has one advantage that Atlanta didn't: access to a portion of Washington's $787 billion economic stimulus package, much of which is still being allocated...
...more than 80% of the country's overall economic growth this year. This is partly because China was already in the midst of a nationwide infrastructure program when the recession hit. Emergency spending measures simply added to existing schemes already under way. In other words, the projects really were shovel-ready, and the money hit the streets quickly - and in large dollops. Outlays on new railway construction, for example, were $41 billion last year. They will be $88 billion this year. Says one senior FORTUNE 500 executive: "In the U.S., NIMBY [not in my backyard] is still the order...
...plummeted to 33%, compared with 70% in the same month of 2008. In some other resorts, it was down to single figures. And most of the visitors who came were Mexicans, not foreigners. "It was like first getting a cough and then getting hit over the head with a shovel," says Marc Murphy, director of the Riviera Nayarit tourism board. (See pictures of swine flu in Mexico...