Obama’s economic stimulus plan for next year might even reach the incredible amount of 1 Trillion Dollars. The new US President is planning to invest in roads, bridges, school repair, water systems, spreading broadband access and renewable-energy projects. He is also intending to cut taxes and to assist local governments, hoping to keep the unemployment rate stable.

 Such a big investment in the economy happened before during Roosevelt. At that time the world economic crisis had caused a long-lasting recession and an all-time high unemployment rate. The New Deal was Roosevelt’s stimulus plan to recover from the Great Depression. But ultimately it was the Second World War that fueled the economy again because of the high demand for production in the defence industry.

 Let’s hope Obama’s plan works out and the tax-payer’s money will not be victim to an act of desperation. Nevertheless, it would be far more desperate to involve the United States in another war to increase production and fuel the economy. We’ll see if Obama’s idealism will translate into hard numbers.