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We seem to be faced with a US government that perpetually either does nothing in the face of the looming crisis, or it does do something - that "something" ending up being exactly the wrong thing. It doesn't inspire much confidence for our future.
there is still the market.
that inspires even less....
the market is our savior.
Obama proposes $210 billion for new jobs
Obama's investment would be over 10 years as part of two programs. The larger is $150 billion to create 5 million so-called "green collar" jobs to develop more environmentally friendly energy sources.
Sixty-billion dollars would go to a National Infrastructure Reinvestment Bank to rebuild highways, bridges, airports and other public projects. Obama estimated that could generate nearly 2 million jobs, many of them in the construction industry that's been hit by the housing crisis.
http://news.yahoo.com/s/ap/20080213/ap_on_el_pr/obama_12
I'm sure that unlike most of our other national politicians Obama doesn't actually have horns growing out of his head, a pointy tail, and a pitchfork in his hand. Nevertheless, with all due respect, I'm underwhelmed. It is all going to be a case of being much too little, much too late.