This article states “Strategic investment in infrastructure produces a foundation for long-term growth.” I agree. I am also concerned the stimulus planning that appears to be going on in Washington is not being driven by any plan to create sustainable national assets.
For the article:
http://www.huffingtonpost.com/roger-mcnamee/obama-needs-to-think-bigg_b_156126.html
In the 1980s, farmers were going broke…and the banks that financed farmers were failing. The Administration and Congress at that time decided to begin USDA conservation subsidies as a way to get farmers money. The early protocol for evaluating the conservation impacts were rushed…and USDA has been ‘catching up’ on its’ environmental protocol since that time. Yes, those conservation programs had (and have) tremendous conservation impact….but they were not part of any larger strategy….they were a quick ’stimulant’ to the farm economy.