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	<title>Stock Blog Hub &#187; Foster Wheeler Ltd.</title>
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		<title>(JEC) Stalled Infrastructure Projects: What it Means for Investors</title>
		<link>http://www.stockbloghub.com/2009/07/07/jec-stalled-infrastructure-projects-what-it-means-for-investors/9452</link>
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		<pubDate>Tue, 07 Jul 2009 23:11:37 +0000</pubDate>
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				<category><![CDATA[Services]]></category>
		<category><![CDATA[Technical Services]]></category>
		<category><![CDATA[FLR]]></category>
		<category><![CDATA[Fluor Corporation]]></category>
		<category><![CDATA[Foster Wheeler Ltd.]]></category>
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		<category><![CDATA[Jacobs Engineering Group Inc.]]></category>
		<category><![CDATA[JEC]]></category>

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		<description><![CDATA[by David Fessler, Advisory Panelist Make no mistake: Government and privately funded investment in public works projects &#8211; not bubble inducing, debt-financed consumer spending &#8211; will be the guiding light that leads the way out of this recession. The American Recovery and Reinvestment Act &#8211; otherwise known as the “Stimulus Bill” &#8211; provides $120 billion to begin to address our nation’s crumbling infrastructure. It’s the largest infrastructure investment since Eisenhower’s Federal-Aid Highway Act of 1956, which created the U.S. interstate highway system. Infrastructure investment &#8211; under-funded since the 1960s &#8211; will be unprecedented over the next three to five years, and let’s face it: the need is huge. According to the National Surface Transportation Policy Review Study Commission, $225 billion needs to be spent annually for the next 50 years… ]]></description>
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