Saturday, June 25, 2011

America worsened the Great Depression by cutting back on investments. It ultimately became the dominant economy of the 20th century by making massive investments in infrastructure -- more miles of roads, railroads, power lines and telecommunications lines than the rest of the world combined. When will we understand that lowering gas prices for the summer by releasing oil from the Strategic Petroleum Reserve will not create jobs or save the economy? Making massive investments in renewable energy over the next decade will both create jobs in the short term and make us a competitive economy again in the long term.

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