...a massive expansion of the federal program to weatherize homes and federal buildings would include a six-month training period for new workers.
Complex green infrastructure initiatives -- such as building renewable energy plants, improving the electrical grid and installing "smart" meters that allow consumers to reap benefits from using electricity at off-peak hours -- would take effect well into the second year. |WSJ|
I'm not all that green compared to lots of folks I know, but you don't have to be all that green to recognize the need for greener policies.
The thing that really gets me about this, though, is its utter sanity. Can this be real? The next president is proposing a policy that rests on a reasonable assessment of several problems we face.
The economy, already in recession, has nosedived into a liquidity trap. The Keynesian remedy for this situation is a massive expansion of government spending. But not just any spending will do. The government must spend on brick and mortar, and it makes no difference whether the projects are of any use at all.
But we face another problem. We've based our economy on an increasingly scarce and unsustainably dirty resource. By focusing spending on green infrastructure, the Obama administration will address a global problem that has been allowed to fester for years and years.
To highlight the absurdity of finding sanity refreshing, here's a short video: