A Battle is Raging for the Soul of America

President Obama was in Miami yesterday talking about the need for infrastructure improvements at the Port of Miami.  It's the same song that he's been singing since he was elected president in 2008.  According to the BBC,  Mr Obama outlined his plans at Port Miami, which is undergoing a $2bn (£1.3bn) upgrade and tunnel project. Among his proposals was $4bn in new infrastructure loans and grants. He also repeated a call for a $10bn "infrastructure bank" to attract investment for projects that will have the greatest impact on the economy. The Obama administration is proposing tax breaks for foreign pension funds that invest in US infrastructure, and bonds designed to attract investors in larger projects. "There are few more important things we can do to create jobs right now and strengthen our economy over the long haul than rebuilding the infrastructure that powers our businesses and our economy," Mr Obama said in Miami. 'Work to be done' The upgrades at...(Read Full Post)

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