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The House has passed a $154 billion jobs bill, and the administration has announced a plan to spend $50 billion of repaid TARP money to “create” jobs—this time its green jobs, “shovel ready” infrastructure projects ($27.5 billion for highway construction and repair) and a tax credit for small businesses.
More infrastructure? Recycling Great Depression-era projects is lame. Put down that shovel! It’s time to try something else.
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