Barone suggests that Bush's plan is no Big New Deal

Michael Barone:

But despite the Great Society tone of his speech, he did not promise another Great Society. He proposed instead a Gulf Opportunity Zone -- presumably, a tax-free status to encourage investment. He called for Worker Recovery Accounts of up to $5,000 for job training, education and childcare. He proposed an Urban Homesteading Act on federal lands.

The problem with this is that he still plans to rebuild a city that shouldn't be where it was. Time will tell if this turns out only to be "a hand up, not a hand out."