Sunday, December 7, 2008

Obama Plans Largest Building Program Since 1950s

By Hans Nichols

Dec. 6 (Bloomberg) -- President-elect Barack Obama said he’ll make the “single largest new investment” in roads, bridges and public buildings since the Eisenhower Administration to lift the sagging economy and create jobs.

Obama, in his weekly radio speech today, said his plan to create or preserve 2.5 million jobs will also include making public buildings more energy efficient, repairing schools and modernizing health care with electronic medical records.

“We won’t just throw money at the problem,” he said. “We’ll measure progress by the reforms we make and the results we achieve -- by the jobs we create, by the energy we save, by whether America is more competitive in the world.” (Read the rest of the story)


Jim said...

I liked the part of the speech where he said that we would upgrade our internet infrastructure because it's “unacceptable that the United States ranks 15th in the world in broadband adoption.” I agree. We need fiber optics run to every nook and cranny of this country if we want to compete with Japan and Europe. We're way, way behind in an area that we should be leading.

Sue said...

I'd like to add some intelligent comment, but honestly this economic problem has gotten so big that I can't get my mind around it and I don't know what or who to believe. The people who are supposed to know what to do don't seem to really know either.

Obama has shown himself to be highly intelligent, a thorough and pragmatic thinker, and able to keep a cool head. I am extremely relieved that he will be the one in the White House because he'll need every ounce of composure he possesses.

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