The Obama Deal
Presidential elect Barrack Obama has announced his intentions to create a giant public works projects that will help stimulate the economy. These projects he says will be bigger than the highway expansion project created by past President Dwight D. Eisenhower in the 1950s. Obama and his administration plan to create jobs by instituting new programs that will promote greener energy technologies, repair roads and bridges, invest in internet broadband and perhaps even create a new mass transit system.
The Obama administration plans to help curtail our dependence on foreign oil and make our government infrastructure more energy efficient as well. There are many plans being thought out including the use of solar energy. Solar power is good example of a renewable source of energy. The sun’s powerful rays can be used to create energy that can heat our homes, cook our food, or even power future vehicles. Solar energy is harnessed by solar panels and converted into usable energy. Instead of burning coal or oil to heat or cool our buildings, solar panels can be installed and reduce electrical costs drastically. In addition to creating jobs by finding new sources of energy, the Obama administration also plans to make government building more energy efficient. Government offices are in desperate needs of more efficient air conditioners, water heaters, computers and even light bulbs. These improvements Obama says will produce jobs and save the government money in the long run.
Our next presidential administration also plans to revamp our country’s internet infrastructure. According to future President Barrack Obama, our country which created the internet is far behind other countries in respect to broadband access. Broadband access should be available to all citizens of the United States much like television. Furthermore, our schools children need access to broadband internet so they can enhance their learning abilities. School children can learn about other cultures as well as communicate with other children of similar age in other parts of the world. Broadband will also help empower all our communities both large and small. The ability to connect to the internet easily allows people in remote areas to sell products worldwide. The internet is closing the communication gaps in the world. Broadband internet access allows people who would otherwise not be able to see each other; see each other. To be on the cutting edge of internet technology will make our country more competitive in a worldwide market.
The construction of a mass transit system is also another possible public works project on the Obama agenda. We should look to our European and Japanese neighbors who have implemented high speed railways which can transport people from city to city very efficiently. The building of such a railway system in the United States would spark new jobs and businesses. Furthermore, these electrically or magnetically charged trains are extremely fuel efficient and environmentally friendly. Imagine a very fast railway system with trains traveling over 100 mph. The bullet train in Japan is said to travel an amazing 150 mph. This would make traveling by train much more efficient than traveling by vehicle. This would give us the ability to travel from city to city in no time at all. The commute from Los Angeles to San Diego and vice versa could be become a one hour journey. This commute can sometimes take several hours or more depending on traffic. Texas would greatly benefit as well since many cities are several hundred miles away from each other. Train travel is not only efficient; it is also much more environmentally friendly.
There are many people who criticize the Obama administration for these proposed expenditures which may cost the taxpayers $300 to $700 billion. Critics are concerned that our national deficit will reach $1 trillion. This they say will be a big burden to future generations. However, if we do not do something about our current economic situation, the cost of a depression could be much greater.
Presidential elect Barrack Obama has announced his intentions to create a giant public works projects that will help stimulate the economy. These projects he says will be bigger than the highway expansion project created by past President Dwight D. Eisenhower in the 1950s. Obama and his administration plan to create jobs by instituting new programs that will promote greener energy technologies, repair roads and bridges, invest in internet broadband and perhaps even create a new mass transit system.
The Obama administration plans to help curtail our dependence on foreign oil and make our government infrastructure more energy efficient as well. There are many plans being thought out including the use of solar energy. Solar power is good example of a renewable source of energy. The sun’s powerful rays can be used to create energy that can heat our homes, cook our food, or even power future vehicles. Solar energy is harnessed by solar panels and converted into usable energy. Instead of burning coal or oil to heat or cool our buildings, solar panels can be installed and reduce electrical costs drastically. In addition to creating jobs by finding new sources of energy, the Obama administration also plans to make government building more energy efficient. Government offices are in desperate needs of more efficient air conditioners, water heaters, computers and even light bulbs. These improvements Obama says will produce jobs and save the government money in the long run.
Our next presidential administration also plans to revamp our country’s internet infrastructure. According to future President Barrack Obama, our country which created the internet is far behind other countries in respect to broadband access. Broadband access should be available to all citizens of the United States much like television. Furthermore, our schools children need access to broadband internet so they can enhance their learning abilities. School children can learn about other cultures as well as communicate with other children of similar age in other parts of the world. Broadband will also help empower all our communities both large and small. The ability to connect to the internet easily allows people in remote areas to sell products worldwide. The internet is closing the communication gaps in the world. Broadband internet access allows people who would otherwise not be able to see each other; see each other. To be on the cutting edge of internet technology will make our country more competitive in a worldwide market.
The construction of a mass transit system is also another possible public works project on the Obama agenda. We should look to our European and Japanese neighbors who have implemented high speed railways which can transport people from city to city very efficiently. The building of such a railway system in the United States would spark new jobs and businesses. Furthermore, these electrically or magnetically charged trains are extremely fuel efficient and environmentally friendly. Imagine a very fast railway system with trains traveling over 100 mph. The bullet train in Japan is said to travel an amazing 150 mph. This would make traveling by train much more efficient than traveling by vehicle. This would give us the ability to travel from city to city in no time at all. The commute from Los Angeles to San Diego and vice versa could be become a one hour journey. This commute can sometimes take several hours or more depending on traffic. Texas would greatly benefit as well since many cities are several hundred miles away from each other. Train travel is not only efficient; it is also much more environmentally friendly.
There are many people who criticize the Obama administration for these proposed expenditures which may cost the taxpayers $300 to $700 billion. Critics are concerned that our national deficit will reach $1 trillion. This they say will be a big burden to future generations. However, if we do not do something about our current economic situation, the cost of a depression could be much greater.
Labels: Barrack Obama, broadband internet, bullet train, Obama administration, renewable energy, solar power
Credit Card / Financial news blog post by Todd Holliday at 7:38 PM 