President Obama’s Green Economy

May 28th, 2009

From the earliest days of the most recent presidential election, President Obama made it clear that one of his highest priorities if elected would be addressing climate change, energy consumption and the economy.  It seems that within the first several months of taking office, President Obama has remained dedicated to those priorities.  More recently, he maintains that he has found a single solution that will address all three problems: the development of a “green economy.” 

The green economy, according to the Administration, will “invest in alternative and renewable energy, end our addiction to foreign oil, address the global climate crisis and create millions [five million, to be exact] of new jobs.”  President Obama has stated his intention to invest $150 billion over the next ten years in efforts meant to encourage private efforts to establish and use clean energy.  Through this investment, the President expects to not only create jobs (developing, installing, and maintaining new green technologies) but also reduce greenhouse gas emissions 80 percent by 2050 through the use of clean and renewable energy sources.  Breaking the nation’s addiction to foreign oil is an obvious underpinning of the Obama plan. 

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President Obama’s Address to the Nation

February 25th, 2009

Last night, President Obama delivered an address to the nation.  He focused on the state of the economy and his administration’s plans for the economic future of our country focusing on energy, healthcare, and education.  I thought I would examine his plans for education as it relates to higher education and compare them to the public policy initiatives and thought pieces that have previously been published.

President Obama’s speech led off with a discussion of the global economy and the fact that “the most valuable skill you can sell is your knowledge.”  One of the first persons to stimulate a national discussion on this topic was author Thomas Friedman with the publication of his book, The World is Flat, in 2005.  Friedman cogently makes the point that technology has opened up the ability for companies to effectively employ engineers from India and China while conducting their business from the U.S.  Friedman also discusses the higher rates of education in countries with former third world status where it is recognized that the ticket to financial success is a good education.

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