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A term '''shovel ready''' is used to describe a [[construction]] project (usually larger-scale [[infrastructure]]) where project planning, [[engineering]] and [[Government spending|funding]] have advanced to the stage where [[laborer]]s may immediately be employed to begin work. |
A term '''shovel ready''' is used to describe a [[construction]] project (usually larger-scale [[infrastructure]]) where project planning, [[engineering]] and [[Government spending|funding]] have advanced to the stage where [[laborer]]s may immediately be employed to begin work. |
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Revision as of 12:32, 28 August 2012
A term shovel ready is used to describe a construction project (usually larger-scale infrastructure) where project planning, engineering and funding have advanced to the stage where laborers may immediately be employed to begin work.
In the US
In the United States, the term is used in reference to projects which are candidates for economic stimulus spending: money put into a shovel ready project will have a more immediate impact on the economy than money spent on a project on which a great deal of time must elapse for architecture, zoning, legal considerations or other such factors before labor can be deployed on it.
President Barack Obama used the term to describe projects for his stimulus plan during a Meet the Press interview on December 6, 2008.[1][2]
In Australia
In Australia, the term is also used in relation to stimulus funding; specifically funding programs like the Building the Education Revolution (BER) program.[3] In 2009, the term shovel-ready won the Macquarie Dictionary Word of the Year award.[4]
References
- ^ President Obama on Meet the Press - [1]
- ^ "The Obama Buzzword That Hit Pay Dirt", Washington Post
- ^ Springs plan "shovel ready", The Mercury (4 July 2012)
- ^ "Shovel-ready" wins Macquarie's word of year, Herald Sun (3 February 2010)