Jobs Stimulus to Lean on Infrastructure and Clean Energy

By Derek Thompson

Right now, President Obama is delivering a speech to the Brookings Institution about his plans for a jobs stimulus. Since the White House advertised that TARP has come $200 billion under budget, they're going to argue that they have room to put forth a hefty jobs stimulus initiative. Early reports, rumors and press releases indicate that the emphasis will be on expanding credit to small businesses, spending lots of money on infrastructure projects (possibly a combination of public works projects and grants to infrastructure companies) and significant tax incentives and subsidies for clean energy projects. More to come when Obama makes his speech and I can comment on the full transcript.

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http://www.theatlantic.com/business/archive/2009/12/jobs-stimulus-to-lean-on-infrastructure-and-clean-energy/31419/