Obama Pledges Public Works on a Vast Scale!"It's now clear that Obama intends to stimulate the economy through large direct government spending on infrastructure projects as well as through business and individual tax cuts," said Mr. Bledsoe, now an official of the National Commission on Energy Policy, a nonpartisan research group in Washington. "He is advocating things like guaranteeing every American a college education, wiring the entire country for Internet, putting in a smart electric grid. If he can do it, these will be major systemic advantages for the United States in the competitive global economy."
Although Mr. Obama is weeks away from taking office, Friday's grim jobs report heightened pressure on him to assert leadership before his inauguration. Download New York Times article By PETER BAKER and JOHN M. BRODER in PDF format.