By Fareed Zakaria
President Obama’s State of the Union address presented an expanded vision of smart government to create jobs and revive the economy. Yet he lowered his sights on the single policy that would both jump-start the economy in the short term and create the conditions for long-term growth: infrastructure spending. Having tried several times to propose infrastructure bills of around $50 billion — or just 0.3 percent of gross domestic product (GDP) — the president further scaled back, proposing a “fix-it-first” plan that repairs 70,000 bridges falling down nationwide.
This would apply a band-aid on America’s growing cancer of failing infrastructure. A 2009 study of all U.S. infrastructure by the American Society of Civil Engineers concluded that $2.2 trillion should be spent over five years to bring the nation’s roads, bridges, railway tracks, airports and associated systems up to grade.
Read the full column at the Washington Post
There is a small problem -the US is bankrupt and is borrowing money from China. We can print more paper and work on the infrastructure creating some jobs , but the problem of offshored jobs remain and the military spending. Unless we bring back all troops and offshored jobs , there is not much hope in my view.
Toxins out, then full throttle. Full throttle now would just strengthen the cancer.
We in Germany know, that USA does not have the money for US infrastructure. False economic politics for decades, do not allow for more spending. What is worse, USA needs to keep its obligations towards NATO partners and needs to heavely invest in expanding NATO, particularly in Eastern Europe. These investments would also enable USA to create more jobs for US businesses, and would have positive long-term effects on US economy.
Gee Werner, wise up! The U.S. has a moral obligation toward it's own people, not you freeloading Europeans and that stupid alliance called NATO! We Americans need to quit spending on this senseless alliance and I mean senseless because this alliance has no outside enemies, not even Russia anymore. Moreover, we no longer need any troops in Europe. You Europeans need to take care of yourselves for a change!
Very well said, Quigley. We need troops in Europe like one needs maggots in their soup. Neither serves a useful purpose!
No outside enemies?! Unfortunatelly, you are not right on that, but surprisingly you are also not wrong. Not only that you have more outside enemies than you think (in Netherlands we know that) ... no, unfortunatelly you also have many enemies inside USA. We know that dangerous korean secret networks operate there, and we in Europe not like that. NATO alliance is very necessary to keep Western Societies together.
When the Panama Canal was built, America was amid its "Progressive Movement". President Theodore Roosevelt was the first president to travel abroad. He negotiated for the US to take control of the canal, when he visited Panama in 1906. The US has historic links to the canal, after years of owning and running it. Today Obama could think about building a bridge from Alaska to Kamchatka, Russia, or a underwater tunnel that connects the two continents.
It is ever a bother to pull out the stray weeds before you plant a land. Nowadays you also have to keep the local ones which actually seems to be the healthiest growing plants of of.
I believe Obama (as any other USA president would do) is leaving it to time to get better facts. Unsteable facts all around the world do not forecast Shiny Weather.
But our science is founded on a raletively short history of 1789- on. 200 years of trustable science is not enough.
وردنا خبرا مؤكدا مفاده ما يلي :
المجرم واثق البطاط يتواجد حاليا في مدينة الشعله – في بيت يقع في نهاية شارع (60) بداية منطقة الدوانم مع مجموعه من المجرمين من المليشيات التابعه لفيلق القدس الايراني وينطلق من مدينة الشعله لتنفيذ عمليات الاغتيال في مناطق الغزاليه والسيديه والعامريه وبدعم لوجستي من مكتب القائد العام للقوات المسلحه
اين مذكرة القاء القبض بحق هذا الارهابي يا مالكي وهو لايبعد عن مقرك في المنطقه الخضراء اكثر من 15 كيلومتر ومليشياتك وجيشك الاجرامي يحاصر احياء الاعظميه والعامريه والسيديه لكي يتحرك هذا المجرم وعصابات فيلق القدس لقتل الابرياء وتصفية المطالبين بحقوقهم المشروعه bush gave Iraq on a silver plater to Iran and SHIIA thugs killers,
the translation for you is that iraninas killers and thugs who killed many usa and many other Sunnis and cevilinas are indeed the QODOS militia that been paid by Iran and have per mition from NORI AL MALEKI prime minster of Iraq to kill any body who is against Iran ...the name of the killers at large who is wanted by the FBI and other aganencies is watheq AL bat tat SHIIA killer and who also training militia to send them to Syria to kill more cevilinas....he live in 60 street Baghdad IN THE TOWN OF SHOAL-LA IN BAGHDAD IN AREA CALLED AL DAWYEEM....
The Global Public Square is where you can make sense of the world every day with insights and explanations from CNN's Fareed Zakaria, leading journalists at CNN, and other international thinkers. Join GPS editor Jason Miks and get informed about global issues, exposed to unique stories, and engaged with diverse and original perspectives.
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Check out all of Fareed's Washington Post columns here:
Obama as a foreign policy president?
Why Snowden should stand trial in U.S.
Hillary Clinton's truly hard choice
China's trapped transition
Obama should rethink Syria strategy
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