• Unemployment is hovering around 6 percent, production is growing at about 1%,
and prices are going up at just over 2%. A number of your fellow members of
Congress have suggested that a bill should be passed to borrow and spend an extra
$100 billion to repair the nation’s railroad system over the next five years. They
reason this would create jobs, growth, and cut transportation costs in the long run.
You are not so sure they are right. Write a position paper stating your concerns.
Be sure to use each of the following terms correctly in your paper. (a) recognition
lag (b) decision-making lag (c) implementation lag (d) effectiveness lag