Obama: Broadband to Boost Rural States

Summary


WASHINGTON, D.C. - President Obama said Monday that rural states such as Maine could benefit significantly from his administration's energy and technology initiatives but reiterated that fixing the worst economic crisis since the Great Depression will take time, and money.

With tensions on Capitol Hill mounting over the Obama administration's spending plan, the president outlined his strategy for tackling the recession by focusing on energy independence, health care reform, education and reducing the deficit.

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Obama: Broadband to Boost Rural States

What the nation cannot afford to do, Obama said, was attempt a return to the "bubble" economies and expect anything other than a boom followed by a debilitating bust.

"We've gone through all of the bubbles now: We went through our te...

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