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Robots, Not RoadsThe Obama stimulus package should be spent on transformative investments, not bridges and buildings.

Yes, good roads and bridges are important. But investing in the necessary public goods to support a post-hydrocarbon, information-based economy is a much better choice than using the stimulus to patch up the old economy.

This moment presents the administration with what is likely to be its best—and perhaps only—opportunity to have essentially unlimited capital (both fiscal and political) to spend on a transformative economic agenda. It is a unique moment to build a new foundation. It would be wise to ensure that a significant portion of the stimulus package is spent on new investments that may not be quite as ready to go but are surely more important to our long-term economic viability.

By Eliot Spitzer

Full Story: http://www.slate.com/id/2207920/

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