I talked about this with Bill Scher, from Campaign for America's Future and Liberal Oasis, on my radio show today. We do need a real economic stimulus package. This package must stimulate the economy now and invest in tomorrow (energy, technology).

From EPI:

Given the state of the country’s infrastructure, more investment is certainly needed:

• Roads: According to the American Society of Civil Engineers, over two-thirds of roads are in poor or mediocre condition (TRIP 2005), resulting in $54 billion per year wasted on repairs and operating costs (American Society of Civil Engineers 2005a).
• Bridges: More than a quarter of all bridges are rated structurally deficient or obsolete, leading to closings and in some cases collapse (TRIP 2005).
• Waterways: Half of all waterway locks are functionally obsolete, resulting in waterway shutdowns and substantial business losses (American Society of Civil Engineers 2005b).
• Schools: School facilities are also in disrepair, and studies have shown that an additional $127-322 billion is needed to bring facilities into good overall condition (National Center for Education Statistics 2000). A Department of Education survey found that 43% of schools indicate that the condition of their facilities “interferes with the delivery of instruction” (National Center for Education Statistics 2007).
• Wastewater management: The deficiencies of the wastewater management infrastructure has left 772 communities experiencing a total of 9,471 identified combined sewer overflow problems, resulting in the release of approximately 850 billion gallons of raw or partially treated sewage annually (Mishel, Eisenbrey, and Irons 2008).

This is only part of package.  The package must be broad enough to help out everyone.  Here's the down payment on our future part of the plan (more from EPI).

• Energy efficiency: According to the McKinsey Global Institute, not only are energy efficiency programs the most cost-effective means of reducing pollution, but many of them provide savings that significantly outweigh their costs (McKinsey Global Institute 2008). Programs such as the Clean Energy Corps—which combines training and job placement in order to put middle- to low-income people to work auditing and retro-fitting homes to be more energy efficient—would lower energy costs, help struggling communities, and create jobs.
• Green manufacturing: Over the next 50 years, the world will need and demand more and more clean energy. By developing its green technology industry, America can revive its economy by becoming a leading exporter of clean energy technology. Incentivizing automakers to build energy efficient vehicles here in the United Sates would improve our trade deficit and balance of payments, create jobs, and reduce carbon emissions. Provisions such as public-private research partnerships, research prizes, intellectual property reform, and R&D tax credits should be included to incentivize the research, development, commercialization, and mass production of clean energy technology and products. These provisions will reduce the trade deficit, reenergize the manufacturing sector, and create millions of high-paying jobs.
• Transportation: While much of our transportation infrastructure is in need of repair, more people are driving and riding than ever before. Building a modern interconnected public transit system would reduce traffic-related wasted time and fuel, expand labor markets by increasing mobility, lower the regressive transportation costs on the average household, and create high-paying jobs in construction, operation, and maintenance. Congress will consider a reauthorization of the surface transportation bill later in 2009, but setting aside additional funding for transportation projects by pre-funding the highway-trust fund with general revenues would expand the options available during reauthorization.
• Broadband deployment: The United States currently ranks 15th of 30 developed countries in overall broadband penetration as measured by the Organization for Economic Cooperation and Development (Irons and Townson 2008). Nations that have prioritized broadband infrastructure have already seen improvements. For example, Denmark’s broadband penetration reached 34 connections per 100 inhabitants in 2007, while the United States had just 22 per 100. Expanding broadband infrastructure in the United States would not simply improve the speed of our connections for entertainment purposes, but it would also bring a wealth of knowledge to more citizens in more areas. With greater reach, the United States could see improvements in education, health care, and first-responder capabilities as communications become faster, more efficient, and more effective.
• Health care information technology: Better management of health care records and delivery could result in better quality care at lower costs. Increased investments in better information technologies would yield significant economic returns (Girosi, Meili, and Scoville 2005) as well as better health care outcomes.