Summary

Portrait of Barack Obama Barack Obama President-elect press conference…

That is exactly the approach President-elect Obama will take as president and is exactly the approach I will take as secretary of Transportation.
We have a task before us to rebuild America. As a nation, we need to continue to be the world leader in infrastructure development. Amtrak, mass transit, light rail, air travel and our roads and bridges all play a vital role in our economy and our well-being as a nation. We cannot stand by while our infrastructure ages and crumbles. We must pursue solid policies that allow our states and communities to address their transportation needs.
Source: Wikisource

Portrait of Barack Obama Barack Obama President-elect press conference…

But every economist that I've spoken to insists that the most important thing we can do even for our budget and even for our deficit is to get our economy back on track because if the economy keeps on weakening, that means tax revenues are down, that means more people are out of work, which means that they are seeking unemployment insurance, they are relying on the government for health care or helping look after their children. And so you have increased spending by government, decreased revenues because the economy's shrinking, that is going to grow the deficit more than anything.
Source: Wikisource

Portrait of Barack Obama Barack Obama President-elect press conference…

That's why we must engage in strong, robust trade and open doors for American products. In our global economy, we must compete and win if we are going to strengthen our middle class and forge bonds with other nations that can contribute to peace and stability around the world. But I also believe that any trade agreement we sign must be written not just with the interests of big corporations in mind, but with the interests of our whole nation and our workers at heart.
Source: Wikisource

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