It appears that Sen. Barack Obama, if elected President, would increase investment in America's national infrastructure. It is no lie that our national infrastructure - transportation, inner-city schools, electricity transmission, water, sewer, etc. - is on the verge of collapse. Past American presidents have put money into infrastructure: FDR had the Works Progress Administration in the 1930s and Eisenhower's presidency (a generation later) invested in American infrastructure. But Ronald Reagan failed to invest in infrastructure during his presidency and here we are with 1950s infrastructure for a growing and evolving America. As I pointed out in a previous entry, Obama's campaign website had a section for urban policy while McCain's website noticeably missed that section.
In related news, John McCain and George W Bush have both agreed to lift the ban on offshore oil drilling. We all know that oil is over $130 a barrel with no top limit in sight. But let's go back to simple economics: prices will go up with increased demand or shortened supply. Offshore oil - if like ANWR - will probably have limited oil to satisfy the insatiable thirst of America. Let's instead focus on reducing demand for oil: like by taking public transportation or not living so far out in the suburbs. Perhaps we need an investment in intracity/intercity commuter rail...
Cheers-
Edward Jensen
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