[lbo-talk] WSJ interview: Obama on public infrastructure spending

Charles Brown charlesb at cncl.ci.detroit.mi.us
Fri Jul 11 10:29:15 PDT 2008


What's McCain's plan ? Is he still running for Pres ?


>>> Michael Pollak

[15B/yr is more like a public works pilot program. But still, it would be ~14.9B more than we've seen in a long time.]

http://online.wsj.com/article/SB121366164848479237.html?mod=hps_us_whats_news

PAGE ONE

Obama Plans Spending Boost, Possible Cut in Business Tax

By BOB DAVIS and AMY CHOZICK

June 17, 2008; Page A1

FLINT, Mich. -- Sen. Barack Obama shed new light on his economic

plans for the country, saying he would rely on a heavy dose of

government spending to spur growth, use the tax code to narrow the

widening gap between winners and losers in the U.S. economy, and

possibly back a reduction in corporate tax rates.

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