Barack Obama’s Infrastructure Spending Plans
Thursday, December 25th, 2008The latest news I’ve heard is that Barack Obama’s administration is looking for between $850 billion and $1 trillion in infrastructure spending over the next few years to address aging transportation infrastructure and help jumpstart the economy.
While I tend to be fairly fiscally conservative, I’m not completely opposed to the idea of spending some money to bring our nation into the 21st century. I do hope it is spent well, however. Gas prices have come down a lot in recent months, but the ultimate trend over the next fifty years is clearly up and to the right.
