This morning's New York Times article makes it clear that now is not the time to let grass grow under our collective feet.
President-elect Obama outlined a Works Progress program ranging from making the nation's property more energy efficient to bringing medical records into the computer age. In general, he is interested in broadband on a par with what other countries are doing.
To get "green" his economic package would run as high as a hundred billion over two years. Here's how the article ends:
A blueprint for such spending can be found in a study financed by the Political Economy Research Institute at the University of Massachusetts and the Center for American Progress, a Washington research organization founded by John D. Podesta, who is a co-chairman of Mr. Obama’s transition team.
Barack Obama insists that expenditures for public works is worth it, citing President Eisenhower's move to stimulate the economy in 1956 with the Interstate Highway program, where the federal cost came to about 114 billion dollars and the states contributed about 14.6.
When he gave his radio address on Saturday, the 6th , he started:
Good morning. Yesterday, we received another painful reminder of the serious economic challenge our country is facing when we learned that 533,000 jobs were lost in November alone, the single worst month of job loss in over three decades. That puts the total number of jobs lost in this recession at nearly 2 million.
By afternoon, on this Pearl Harbor Day, Meet the Press will have more of what the next POTUS has on his mind. I thought I'd just give you a place to find links you may find useful.
