The Plan

After reading nearly every thing I could get my hands on about Obama's stimulus/economic plan, I've decided I know just enough to not be too thrilled about it.

For starters, the real economic stimulus of this plan is only $400 billion or so. I think that's too small. I'm not tickeled to death about the tax cuts, but Obama did run his campaign promising to cut taxes for 95% of Americans and this plan does that and then some. So I see the political necessity for the tax cuts. But tax cuts are short-term stimuli. Actual economic stimulus comes from long-term investment in job creation, new industries, infrastructure and other sustainable projects. I don't think Obama's plan goes far enough in this area. I think real economic stimulus should be in the $900 billion-$1 trillion range. A government investment into broadband access for everyone, huge infrastructure improvements, high-speed rails for commuter trains, and finally, green technology is what we desperately need. There has to be more investment in these areas because this is the 21st century's TVA equivalent. This is where tax money yields the greatest return for our future.