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Originally Posted by Bend it like Bourgeois
I'll be shocked if there isn't increased infrastructure spending. They didn't bring David Dodge in to sell the status quo. Though how much is announced today I don't know.
Good call on the small business hiring credit. They just about announced that a month ago but held off. I think there will be innovation/diversification/small biz spending too. Though most of that will be policy not budget driven (I think)
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I think there will be some infrastructure spending, but I don't think it'll be anything new. Essentially just a continuation of what is already on the books (Ring Road, Foothills Hospital, Schools, etc.,). My guess is that they will say they have new infrastructure stimulus spending, but it will just be to finish off already existing projects or promises. My guess will be that the "stimulus spending" will be fore more teachers and health care workers, rather than a series of new big picture infrastructure projects. Which I don't think is a good use of stimulus money (as it's not a short term shot to the arm of the economy).
The small business tax credit will be interesting, but from what has been mentioned about it even as a small business owner it'll be of no use to me.