Obama Commits to Large Public Works Project

December 6, 2008

Washington D.C (ChattaBox) – In a further step to follow through on his campaign promises, President-Elect Barack Obama has committed to the largest public works project in nearly half a century in a ploy to save our failing economy.

The programs would include work on sewage systems, schools, utilities, public transport, electric grids, and more, as well as attempt to create more ‘green friendly’ jobs and make government buildings more eco-friendly. It will be a necessary, but costly, undertaking, with unofficial estimate ranging from $400 – $700 billion dollars, a sum much less shocking considering the amount of tax dollars currently going to failing companies in the current attempt at bailouts. And each $1 billion spent is projected to create 40,000 new jobs, making it a tempting proposition, especially with funding already approved on a portion of the spending for road and bridge work.

A big part of that will be public works spending, particularly on projects aimed at conserving or expanding energy supplies and cleaning up the environment. “We will create millions of jobs by making the single largest new investment in our national infrastructure since the creation of the federal highway system in the 1950s,” Mr. Obama said.

“We need action — and action now,” Obama, stated in a radio address this morning, reminding us that he hopes to implement these changes immediately upon his inauguration in January.

This is a move that is drawing heavy criticism from the Republican party, who have been reluctant to offer any further assistance in face of an already massive deficit. But others within government seem to think this is the perfect move to stimulate an economy in deep crisis.

“I think he understands if you’re trying to reverse the economy and turn it around, this is not the time to do it on the cheap. This is not the time to do it in small doses. It’s got to be big.” said Governor Edward G. Rendell of Pennsylvania, chairman of the National Governors Commission.


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