Editor,

Obama, Pelosi and their cronies are pushing for another economic stimulus package. This is backwards thinking.

The prior economic stimulus package was about $160 billion. 

It was designed to spur the economy, but we haven’t seen consumers utilize their tax rebates to purchase large items, because people used the money to pay for staples; and others banked the funds.

Instead of another tax cut I suggest we invest the $160 billion in our infrastructure, including bridges, highways, mass transit and flood control projects. 

Some of the funds could be used for the construction of nuclear power plants and wind energy systems. 

This will create many jobs, bolster the construction industry and the economy, hold down gasoline taxes and reduce oil consumption.

The $700 billion Wall Street bailout and the $120 billion per year spent in Iraq are putting a strain on our country, but we have to grow our economy.

As we sell bank assets acquired from the bailout and wind down in Iraq, we should invest some of this money to create hundreds of thousands, possibly millions, of jobs in this country.

This will fit into McCain’s programs to move our economic engine forward on a sound financial track.

Sincerely,

Donald A. Moskowitz

Londonderry, NH