Word: broadband
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...Beginning projects for expanding the electrical grid for alternative energy requires everything from relocating workers, obtaining local permits, and drawing up the plans designed by engineers. The goal of the program is noble, as are the goals of creating better access to broadband and building more modern schools. None of these programs can be set up quickly enough help stanch the outflow of jobs...
...that none of the jobs the government is trying to create would exist in a deep recession. The normal course of the economy would get the building of bridges done as the capital became available. The same holds true for adding to the energy grid or creating new broadband wiring. In a stable economy, private enterprise would get around to this work based on private capital seeing a need and potential profit...
...that was an extension of how Clinton's mind works," says one of the many Obama aides who is a veteran of the Clinton Administration. "Clinton had this great horizontal intelligence. He could pull an idea from a meeting he had in northern Italy and apply it to spreading broadband service through Iowa. It was amazing but not exactly efficient. Obama is more vertical. He pushes the process along, streamlines it. We had one 25-to-50-page policy paper for every agency...
...likely to use $825 billion in aid and $350 billion in TARP money to bring down the tax burden, salvage troubled mortgages, and create a great series of public works projects. These programs are supposed to create over three million jobs as they build energy, education, IT, medical, and broadband infrastructure. Getting the capital for these into the system means running them through government agencies and into the private sector. Many of the projects will operate in regulated parts of the economy like the health care system, so they will be subject to a set of bureaucratic rules which...
...services, often with modern twists. That means smart meters and weatherization programs to prevent wasting energy; transmission lines and solar panels to promote alternative energy; green school buildings and sewage-treatment plants; wetlands restoration in the Everglades and coastal Louisiana; repairs for aging dams, bridges and airports - plus broadband networks, research, job training and, as Obama has suggested, anything else that seems like a good idea. This is an ideal time for the government to spend money on infrastructure, because labor and equipment are cheap. And improving our shameful infrastructure will improve our competitiveness...