Guest Guest Posted October 23, 2008 Report Share Posted October 23, 2008 Here is an excerpt from Joe Klein’s article on Barack Obama in the current issue of Time magazine: “He wants to launch an "Apollo project" to build a new alternative-energy economy. His rationale for doing so includes some hard truths about the current economic mess: "The engine of economic growth for the past 20 years is not going to be there for the next 20. That was consumer spending. Basically, we turbocharged this economy based on cheap credit." But the days of easy credit are over, Obama said, "because there is too much deleveraging taking place, too much debt." A new economic turbocharger is going to have to be found, and "there is no better potential driver that pervades all aspects of our economy than a new energy economy ... That's going to be my No. 1 priority when I get into office."” See page 5 at http://www.time.com/time/politics/article/...1853025,00.html Quote Link to comment Share on other sites More sharing options...
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