Monday, November 24, 2008

Obama Takes On The Economy--New Deal Style

President-Elect Obama (it's still fun to say that) has been busy putting together a team of the right people to solve the economic crisis. That formally includes Tim Geithner and Larry Summers now.

His goals? A New New Deal.

Obama wants to create 2.5 million jobs by 2011 by re-imagining and rebuilding America's infrastructure. Such long term investments in our infrastructure saved us from the grips of the Great Depression and it's so comforting to hear a plan talked about like this. As Robert Reich puts it, this is a "down payment" on America's economic future.

It's so gratifying to hear about change from the bottom up--from the worker to the CEO instead of the other way around. When the population is employed and paid, they are happier and better contributors to society, thereby creating a community that people want to save. An investment in America's workforce is more than just a temporary bandaid, like the Bailout of 2008 is, it's a permanent committment to keeping America working.

So, where do we go from here? The next step has to be health care. People need a health care system that works--that provides care for all, instead of for the fortunate few. If people have jobs and health care, there's no telling where our society could go.



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