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With unemployment numbers finally inching in the right direction, President Obama announced a broad new spending strategy Tuesday that he hopes can grow this economic “green shoot” into green jobs. Speaking at the Brookings Institution following a White House jobs summit and a trip through Pennsylvania steel country, Obama outlined ideas for a new federal stimulus that would focus largely on small businesses and greener infrastructure projects, such as energy systems, as well as new financial incentives for people to retrofit their homes for energy efficiency. It would involve a holistic approach that would take into account the effects of robust education, health care and financial systems on the country’s economic well-being, the president said.
The president didn't specifiy a cost, but leading Democrats suggested $75 billion to $150 billion; the recovery package approved by Congress in Feburary was $787 billion. Obama said his plans would both “meet the crisis of the moment” and lay “a new foundation for the future.” The crisis of the moment is the current economic recession, but the problem Obama is trying to address is a much broader, much older one whose causes run deeper.
Revelation 11:15-19 Then the seventh angel sounded: And there were loud voices in heaven, saying, "The kingdoms of this world have become the kingdoms of our Lord and of His Christ, and He shall reign forever and ever! " 16 And the twenty-four elders who sat before God on their thrones fell on their faces and worshiped God, 17 saying: "We give You thanks, O Lord God Almighty, The One who is and who was and who is to come, Because You have taken Your great power and reigned. 18 The nations were angry, and Your wrath has come, And the time of the dead, that they should be judged, And that You should reward Your servants the prophets and the saints, And those who fear Your name, small and great, And should destroy those who destroy the earth." 19 Then the temple of God was opened in heaven, and the ark of His covenant was seen in His temple. And there were lightnings, noises, thunderings, an earthquake, and great hail.
39 "After you, another kingdom will rise, inferior to yours. Next, a third kingdom, one of bronze, will rule over the whole earth. 40 Finally, there will be a fourth kingdom, strong as iron—for iron breaks and smashes everything—and as iron breaks things to pieces, so it will crush and break all the others. 41 Just as you saw that the feet and toes were partly of baked clay and partly of iron, so this will be a divided kingdom; yet it will have some of the strength of iron in it, even as you saw iron mixed with clay. 42 As the toes were partly iron and partly clay, so this kingdom will be partly strong and partly brittle. 43 And just as you saw the iron mixed with baked clay, so the people will be a mixture and will not remain united, any more than iron mixes with clay.