We do not think that infrastructure spending right now.... The lag time is too long to counteract the current downturn. Most studies show that you need about 12 months for infrastructure spending to actually have an impact on the real economy. Obviously, this is debatable, but the multiplier effect can take some time.
Spending right now won't help the economy at this moment. There are long-term infrastructure needs, hence the reason we support investment there, but I wouldn't necessarily categorize infrastructure spending now as a stimulus to help our current economic issues.