Much of them will be named after Thanksgiving.
The leadership that the American people want is about to materialise with President-elect Obama putting into place the team that will, with him, take on the US economy head on.
Many have given up hope of George Bush doing anything in this ‘Lame-Duck’ transitional period. Bush, in Peru advocating something that has hampered him and his administration for years – the total lack of looking at what the real world is and is happening around him.
During the presidential campaign, Obama proposed a $175 billion stimulus package over a two-year period, but some of his economic advisers have said recently that the package would need to be much larger.
Asked if Obama would scale up the package, given the economic conditions, Obama’s incoming senior adviser, David Axelrod, said he thinks Obama is “going to do what’s necessary.”
“I’m not going to throw a figure out here. What he said is, he wants a plan big enough to deal with the large challenges we face. And I think there’s a growing consensus across the spectrum among economists that we’re going to have to do something big,” Axelrod said Sunday on ABC’s “This Week.”
Obama on Saturday offered an outline of his economic recovery plan to create 2.5 million jobs by 2011, saying American workers will rebuild the nation’s roads and bridges, modernize its schools and create more sources of alternative energy.
The markets will rise over the next few weeks now that there is some movement in the Obama camp – and some confidence will come back. You will see that the banks, rather than the US tax payer, will lend to GM so that they can retool for the up and coming challenge of getting good, affordable, ‘green’ car on the road.
The infrastructure of LPG will need to be invested in – that will be down to the oil companies because I can see so many Truck companies being told that they will have to either refit or simply use LPG transport. All this can happen in a very short period of time.
Let’s see how serious this is going to be taken over these first four years – my view is; very seriously indeed.