Tomasky of the Guardian pooh-poohs liberals who fear Obama is moving to the centre and sees him as potentially the most progressive President ever. American infrastructure is falling apart and Obama is willing to put up the money to fix it and bring the country out of a recession at the same time. Two problems here: first in terms of improving infrastructure it is going to be hard to beat the Republican, Dwight D. Eisenhower who built the Interstate highway system and second throwing subsidies may be a waste of money if it is intended to lift the country out of a recession. Priming the pump may not work. It will change the face of America but will cost a small fortune and the stimulus may do nothing. Infrastructure projects take a long time to get off the ground and may not have any significant effect on the economy until the recession is over . That is not to say they aren’t needed just that the motivation is wrong and Obama may be putting his eggs in the wrong basket. Remember Ike’s projects were completed during the most prosperous era of the last century.
photo from Storyspinn
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