Monday, September 06, 2010

Obama Coming Back

More of this, please, as coupled with his new $50 billion infrastructure plan:

Here's some deets:

Administration officials said the transportation plan's initial $50 billion would be the beginning of a six-year program of transportation improvements, but they did not give an overall figure. The proposal has a longer-range focus than last year's economic stimulus bill, which was more targeted on immediate job creation.

The plan calls for rebuilding 150,000 miles of roads; building and maintaining 4,000 miles of rail lines and 150 miles of airport runways, and installing a new air navigation system to reduce travel times and delays.

Obama also called for a permanent funding mechanism, an infrastructure bank, to focus on paying for national and regional infrastructure projects. Officials provided few details of how the bank would work.

Obama said the proposal would be fully paid for. In an earlier briefing for reporters, administration officials said Obama would pay for the program by asking lawmakers to close tax breaks for oil and gas companies and multinational corporations.

Best of all, the attack begins:
Bottom line is, these guys refuse to give up on the economic philosophy they peddled for most of the last decade. You know that philosophy: you cut taxes for millionaires and billionaires; you cut rules for special interests; you cut working folks like you loose to fend for yourselves. They called it the ownership society. What it really boiled down to was: if you couldn't find a job, or afford college, or got dropped by your insurance company - you're on your own.

Well, that philosophy didn't work out so well for working folks. It didn't work out so well for our country. All it did was rack up record deficits and result in the worst economic crisis since the Great Depression.

I'm not bringing this up to re-litigate the past; I'm bringing it up because I don't want to re-live the past. It would be one thing if Republicans in Washington had new ideas or policies to offer; if they said, you know, we've learned from our mistakes. We'll do things differently this time. But that's not what they're doing. When the leader of their campaign committee was asked on national television what Republicans would do if they took over Congress, he actually said they'd follow "the exact same agenda" as they did before I took office. The exact same agenda.

So basically, they're betting that between now and November, you'll come down with a case of amnesia. They think you'll forget what their agenda did to this country. They think you'll just believe that they've changed. These are the folks whose policies helped devastate our middle class and drive our economy into a ditch. And now they're asking you for the keys back.

Don't give up, Dems. Labor Day has now officially passed.

Time to join the fight.

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