1.10.2009

Will it be effective?

The New York Times wonders if Obama's stimulus will work as a remedy to the depression given the President-elect's clear desire to achieve duopoly-wide support for his program.

The looming question, however, is: Does Washington have the stomach and the resources to design and implement a feasible recovery program which gives pride of place to a reindustrialization strategy, developing eco-friendly forms of production, distribution and consumption as well as restructuring the economy in general.

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