"I still like the tax on people who don't vote. After all who is going to vote agenst it. "
HAHAHA!!!!!
do you guys think that the big companies who will be bidding on these government contracts will get very low margins on the projects they DO end up winning since the government obviously...
initially i was kind of hoping the large engineering and construction firms would be able to escape this global slowdown due to their big backlogs and this stimulus plan but now i'm not so sure....
but my initial take on the stimulus plan is that it will have very little affect on the US Engineering and construction firms, the loss of state and local municipal funding for infra will be substantially more than the increase in infra spending from the stimulus bill.
you guys thoughts?
wow, i didn't mean to start such a heated argument/discussion but i guess i should have known better than to bring up politics! haha :) my main purpose of bringing this up though was to get your ideas on how this will impact the US business of the large E&C firms like Aecom, URS corp, Jacobs...
mostly i'm just trying to get my head around what the impact will be for US E&C firms, if the ISM goes to ~20 again, seems like there is no way this stimulus plan could possibly offset the US (and global) slowdown for the larger E&C companies (Aecom, URS corp, Jacobs, etc).
my initial take is that it will be more of a 2010-2011 story, and that it probably won't offset the decline in US infra spending from the state and local governments due to their budget issues, since if we assume that we get 45B$ of spending in 09 and the other 45B$ in 2010, that will not even...
Hi everyone,
please excuse me if this is discussed somewhere else, but i thought this part of the forum would be appropriate
i'm just looking at this ~90B$ in US infra spending over the next 2-3 years from the Obama plan and wondering what you guys take is on how it will impact the US E&C...
