President-elect Barack Obama gives an economic talk this past week, warning of grave consequences if strong action is not taken. He speaks of the irresponsible actions of wall street and government. And he sets a goal of adding three million jobs, while rebuilding our nations infrastructure. And he speaks of a new smart grid for the transmission of electricity, and the greening of our energy production. A good speech, and I noted his offer of help to the states to insure that police, fire and education services are not cut. From my perspective it is one of the most important components of a potential federal stimulus package. He pays strict attention to the need for fiscal discipline, and talks of building a strong fiscal foundation that will allow us to attack the federal deficit as we begin our economic recovery. I found it to be a good speech. What do you think? Did he hit the right themes?
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Your Honor,
I can’t say anything as his plans are changing daily. Why don’t we wait until he has finally set his plan.
Jules
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