REAL "Rebuilding"

Planet Moron has the right take:

Excited [New Orleans] officials have announced some preliminary plans. Mayor Ray Nagin has proposed an underground parking garage to store all the city’s municipal busses, the new Orleans Levee Board has suggested building a new meeting room carved from a solid block of gold, the city council wants to establish a jobs program for the very neediest of their first and second cousins while Louisiana Governor Kathleen Blanco is still trying to decide what to wear this morning.

White House officials stress that this really isn’t spending, it’s “investment.” How can you tell the difference? It’s spending when the other guy does it.

My bet: 80% of the above will eventually play out, just as written above.