What Do You Think?

Regarding to the Aljazeera news, the new plan of infrastructure has defined by president-elect Obama and it has to be approved by the congress of the States[1].

The new plan consisted of construction the; national infrastructure such as high ways and buildings, refurbish school buildings, making them more energy-efficient and equipping them with computers.

Is there any better way to reconstruct the United States regardless on the huge budget deficit she has?

Don’t you think the credit crunch, rate cuts of Alan Greenspan and bust of his bubble were with no intension?!!!

I believe the entire of disasters were man made to create the opportunity for the country with the largest budget deficit to reconstruct her self without considering to her balance of liquidities. What do you think?


Reference:

[1] [Aljazeera news] Obama plans the infrastructure followed by URL: http://english.aljazeera.net/news/americas/2008/12/2008126201050213732.html

Auto makers or the Entrepreneurs?

The U.S. budget deficit swells to record $455 billion in fiscal 2008 and made the country the largest budget deficit among the nations[1]. Regardless on how much they are liable to the nations, they have pledged to tackle the economy by over 700 billions of dollars to build up their economy which may scratch the other nations' back.

As it can be inducted, the policy of the States, governs such an investment strategy which tackles the nations' economy by alleviating the internal fiscal policy.

So don’t you think, building up the infrastructure and stimulate the financial institutions and entrepreneurs must be prioritized to the bail out of the car manufactures?

Who got the cash to buy the car? If they spend over 30 billions of dollars to bail out the 3 auto makers, who is going to buy the car regardless on how fuel efficient they are?



Reference:

[1][Reuters] U.S. budget deficit followed by URL: http://www.reuters.com/article/topNews/idUSTRE49D9GL20081015.