Tuesday, December 9, 2008

Apollo Alliance: The Renewable Energy Industry

Economists are arguing that the proposed federal bailout of Wall Street will do little for the economy unless it includes provisions to reinvest in infrastructure and refinance mortgages. They also estimate that an additional forty billion dollars in infrastructure investment could create as many as one million new jobs. Smart public investment such as the kind called for in the Apollo Alliance plan for energy independence. The Apollo Alliance going to try to promote the renewable energy industry with a $300 billion investment over the next ten years, creating a little more than three million jobs, leading to economic growth, more tax revenues, and energy independence. I think that this will help my family and many others as well, because it’s creating more jobs for people, giving better tax revenues, and energy independence. I don’t think it will affect my immediate family as much because my father is a Sergeant of police and my mother runs a practice inside Staten Island University hospital. My thoughts that this will concern many people because were is the three billion dollar investment going to be taken out of? Our pockets probably and in the long run would not be what we thought it would be. Other countries that are closely allied with us may not be affected by this because they don’t have to deal with what we are dealing with. The only thing that we may have to worry about is our soldiers in our military because there are great deals of money that go toward that. The government should kept up with what they are trying to do to make our dollar amount go up, to be in par with other countries

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