With that said, we need some options to fix this mess and handing out more money to poorly run businesses is not the answer. It's sorta like putting a band-aid on two gun shot wounds.
In the south it is common practice to set fire to your lawn every few years. This helps return the nutrients to the ground and in a matter of weeks your grass is growing back greener and stronger than ever before. That is what we must do to our economy, set fire to it.
President-elect Obama is building a very smart team of economic advisers with extensive knowledge. This is a welcome change, but I am fearful that they won't bring any drastic changes or a new approach. This makes the possibility of stepping in this same pile of doo doo brown all the greater.
What we need are new ideas and a new focus. I propose that we invest our money is a high speed rail system that runs throughout the country.Such a project, derived from an original idea from my dad, would create over one million jobs and in the long run reduce our dependency on oil.
With over one million people from all over the country working together, the project could be completed in 10 years.
This idea will cost a pretty penny, but it is a safer bet than giving money to three auto companies that were struggling to keep their heads above water before this whole mess.
Imagine traveling from New York to Miami on a 300mph train in 5hrs. That is about equal to flying when you consider all the preparation required and will cost half the price.
plus it would be fun to hang on to the roof.
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