Barack Obama has put science in the middle of his economic recovery plan. Speaking today at George Mason University, the president-elect ticked off the elements of a plan that, while not mentioned in the speech, is expected to exceed $800 billion over the next 2 years.
As part of his promise to save or create 3 million jobs, Obama called for the following investments in energy, education, and medical research:
- "To finally spark the creation of a clean energy economy, we will double the production of alternative energy in the next three years … In the process, we will put Americans to work in new jobs that will pay well and can't be outsourced—jobs building solar panels and wind turbines, constructing fuel-efficient cars and buildings, and developing new energy technologies ..."
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"To give our children the chance to live out their dreams in a world that's never been more competitive, we will equip tens of thousands of schools, community colleges, and public universities with 21st century classrooms, labs, and libraries."
- "To build an economy that can lead this future, we will begin to rebuild America … [That] means investing in the science, research, and technology that will lead to new medical breakthroughs, new discoveries, and entire new industries."
You can read the full speech here.
—Jeffrey Mervis
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finally a president who realizes the value of science and how it can pay off economically. with all of the scientific research that is going to be going on during obama's tenure, hopefully less scientists will need to take out payday loans due to lack of government grant funding!
The change proposed by the President Elect must be implemented as soon as possible. The fact that our country is in financial calamity, the government must take wise and practical actions. Barack Obama is hatching a plan to get you extra cash on payday so you won't need a payday loan. He is proposing a tax cut and what he calls the Make Work Pay Credit. It’s a different strategy for stimulating the economy. So far all the efforts that have been made by the current administration to get the economy back on track seem to be hurting instead of helping and the need for a payday loan with many people has increased. It’s impossible to tell the future; maybe the steps that have already been taken will help straighten things out in the long run. But the economy has been growing steadily worse since the mortgage crisis and the credit crunch hit. Obama is hoping that bigger checks on payday will help restore consumer confidence so you won't need to take out a payday loan.