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Vulcan Materials Company Message Board

  • skeptical_diogenes skeptical_diogenes Aug 16, 2010 2:55 PM Flag

    Dems will approve "vast increase in infrastructure spending" in 'Sept.!

    The Congress will reconvene after Labor Day, and it has been brought to my attention that the Democrats will focus on a jobs program that will jump start infrastructure spending, the quickest way to hire people. They finally get it--people want to see jobs NOW! When this becomes more widely known, materials stocks like VMC and EXP are going to have a very nice rally from their current depressed levels.

    VMC to $55-58. EXP to $35-37.

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    • Even the GOP will vote for infrastructure spending. This is going to happen. Get aboard VMC and EXP before the train leaves the station!

      • 2 Replies to skeptical_diogenes
      • Unless you spend the bulk of infrastructure money on existing roads and bridge repair and resurfacing, the roll out will be slow. Building new highways and bridges takes years due to acquiring land, moving multiple utilities, engineering etc, etc. Both new and repair of existing infrasturcture is needed but it is not a jump start for employment and the economy. Note the street and highway construction in your area and see how slow it progresses. The construction is bogged down with local, state, and federal permits and regulations. But we will take any and all jobs infrastructure will provide. Don't even think about rail projects for another 5 to 10 years.

      • Employees, managers and stockholders of EXP, VMC etc. need to contact/write their Congressmen to vote for increase in infrastructure spending to revive the economy. The vote for more infrastructure spending is probably going to be yes, but supportive letters and lobbying will make the increase certain!

111.53+1.39(+1.26%)Oct 21 4:01 PMEDT