How will the economic stimulus package affect your business?

Good points Peter. Welcome back!>>>

Hi Y'all,

My reading of it is to provide work on roads and infrastructure, maybe Govt. have forgotten that most road works are done by machine now so the big employment numbers may not come to pass.

Real Roofers will survive, forget the suit for sales get back on your tools it's going to be a bumpy ride !

Ireland was the fastest growing economy 2 years ago, the Govt. went to sleep at the wheel and woke up going downhill at 110 miles per hour, now they have 2 options, slam on the brakes and the passengers get hurt or keep going into a concrete wall called bankrupcy !

Love him or not Your President speaks words of Hope and is positive about the future, that alone helps the average consumer to spend even if only on repairs.

People who were earning in excess of €1,500.00 per week (site laborers paid from the neck down) now discover they have welfare of some €180.00 per week.

The big difference this time is we don't have the emigration safety valve, a bit like in the past you Guys were able to move to another State or at least could see some prosperity in other States, this time Every State, Every Country is n the same boat.

I will not be looking to Govt. packages to put food on my table I never did in the past, we can all expect to take a hit on life style but use the skills of our trade, give better value for money, work a little harder to show value and we will be ready when the big boys (Banks etc) ave sorted out their mess.

Best of luck and Keep The Faith !

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One major negative factor for the roofing industry, is that a very large portion of the stimulus package has already been designated for rood improvements, which use the same grade of asphalt as the roofing industry utilizes.

Therefor, the prices in the next 4 years, or as long as the stimulus generated road improvements continue to be federally subsidized, the costs of roofing will continue to increase dramatically.

Ed>>>

builderr, I think that's probably dead-on.>>>

I think that somehow, if you can steer your business sales motivation towards energy related issues, then maybe the energy aspects of the bill will help you.>>>

http://www.youtube.com/watch?v=opxuUj6vFa4>>>

The stimulus will not help our busness at all. I goes mostly to roads, and bigger government, neither of which will help us. Welcome to the Obama-nation>>>

i have more calls for bids than i can shake a stick at. got 3 lined up allready and about 6 more to look at and its only mid march.>>>

It will depend on how easy or difficult it becomes in the Near Future, for private citizens to start moving forward with home equity lines of credit once again, considering how devalued most properties have become from several years high appraisals.

As long as the doom and gloom remains in the news media, plus the steady monthly additions to the corps of newly unemployed, this may be much longer than the one year anticipated and hopeful recovery ascent.

In my own area, I know of 6 local long time contractors who have folded, so it is not as much how it will affect my business, but more so, how will my company adjust to the newer economic climate.

Ed>>>