Will Obama’s New Stimulus Plan Work?

realisticIn the News (from The New York Times): “In Effort to Build Support, Obama Details Stimulus Plan” The White House envisions using loan guarantees and other financial support to leverage $100 billion in private sector investment in so-called clean energy projects over three years. The plan would help 8.5 million Americans keep health care coverage by providing workers who lose insurance with tax credits to pay for continuing coverage… The plan would modernize 10,000 schools, improve security at 90 ports and build 1,300 wastewater projects. It would bolster Pell Grants to help seven million students and offer a new tax credit for four million college students. And it would increase food stamp benefits for 30 million Americans and increase Social Security benefits $450 for 7.5 million disabled and elderly people…

In his speech, Mr. Obama said he knew that some worried about the size of his plan, “We won’t just throw money at our problems; we’ll invest in what works.”

My Comment: Investment alone will not work! What’s needed is a gradual change of the social consciousness, making it planetary, global, and integral. It must approach the rule, “Love your neighbor as yourself,” which is the condition of the global world’s existence.

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