New Obama plans: ‘spend our way out’ of downturn
Obama outlines new stimulus and jobs plan, says US must still ‘spend our way out’ of recession.
Without giving a price tag, Obama proposed a package of new spending for highway, bridge and other infrastructure projects, deeper tax breaks for small businesses and tax incentives to encourage people to make their homes more energy efficient.
“We avoided the depression many feared,” Obama said in a speech at the Brookings Institution, a Washington think tank. But, he added, “Our work is far from done.”
I don’t even need to read the remaining article. It sums it up.
Sigh.. I guess this is what folks in our country want. Not give up on our “quality of living” and make our kids suffer.
