President Barak Obama's stimulus plan sets aside $300M to outfit the government with alternative energy vehicles and its critics are calling it "wasteful spending".
  Alternative energy vehicles are eco-powered technologies so it's necessary to deal with this particular aspect of President Obama's stimulus to enable these critics, who are showing themselves to be lacking in vision and wisdom, to see the benefits of promoting eco-powered tech.
  The fact is that this "wasteful spending" is a stroke of genius for President Obama's team.
  It targets four major problems at once; providing immediate stimulus to the economy, continual support as the economy recovers, promoting fiscally responsible government, and pushing us a giant step toward a greener and less expensive world.
 If you're still a non-believer, the following should help to convince you.
Firstly, consider that President Obama believes that alternative energy is key to national security, economic growth, energy sufficiency, eco-friendliness and fiscal responsibility (that's right! ask any capitalist, they know that it takes money to make money)...
all of which are worthy and attainable goals.
  Secondly, President Obama and his team also believe that the conversion to alternate energy vehicles is the only viable future for the failing auto makers.
With the slump in the economy and the near-death situation of the auto makers, there is truly no other justification that can be found to give them any bailout money.
  Saving auto jobs is definitely a worthy goal but if those workers continue to make automobiles that no one wants or needs then giving bailout money to auto makers will truly be a waste.
  It will be only a matter of time before the auto companies collapse under the weight of millions of unsold vehicles they'll produce, or the country collapses from massive debt and bailout fatigue.
Since giving the auto makers bailout money to continue making wasteful, polluting, fossil fuel vehicles is like spitting into the wind, then it's best to encourage these auto makers to invest any bailout money they may receive into the production of alternative energy vehicles.
  And the best way to do this is to offer them a carrot.
There is no better carrot for any business than a guaranteed $300M customer...
the US government.
  So this particular $300M of "wasteful spending" in Obama's economic stimulus will first serve to stimulate the auto makers to retool (spend bailout money to retain or boost employment in the manufacturing of the needed equipment i.
e.
stimulus), retrain its workers (spend bailout money to keep auto workers employed and to employ their trainers i.
e.
stimulus), and produce alternative energy vehicles (spend bailout money to retain or boost employment in the auto industry and other support industries i.
e.
stimulus)...
sheer genius! Using a "wasteful" $300M of stimulus to convert what could be bailout money down the drain into a one-two-three punch of economic stimuli is nothing short of sheer genius!  And it doesn't end here.
Those consummate capitalists, and the people who see the benefits of Eco-Powered Tech will absolutely love this second benefit of President Obama's "wasteful" $300M stimulus to the economy...
the push to develop a workable strategy for the development and deployment of alternative energy infrastructure.
Long before the auto makers start to deliver alternative energy vehicles to the government, there will be investors lining up to get into the action.
  The opportunity to invest in a workable distribution and delivery system for alternative energy fuel should be irresistible to any shrewd investor.
  The returns from a national deployment will be nothing short of massive! Imagine if you had the opportunity to invest in the early stages of the development and deployment of the millions of gas stations around the world.
  Not only would you be rich, you'd be filthy rich.
  This time around a smart investor can become like the filthy rich...
with the added benefit of not actually becoming filthy like some of their predecessors.
After all, this is a supreme opportunity to invest in green eco-powered technology.
  Eco-powered technology is not only cool (literally and figuratively) but it's wallet and eco friendly too.
  The investment rush that can be expected will be nothing less than another economic stimulus with the added benefit of coming from capitalists who will be more than eager and willing to participate in the economy again.
Finally, we the people hope that what we are seeing is a government that leads by example.
  Team Obama seems to understand that a greener earth is beneficial to all, so this $300M of "wasteful" stimulus is them putting our money where their mouth is.
Alternative energy vehicles are not only green, they have the potential to save the government (us indirectly) millions in energy costs.
  Imagine if the alternative energy vehicle of choice is electric (a favorite for us at EcoPoweredTech) and the energy generation/delivery infrastructure is a wind/solar/wave powered recharging grid.
  The government will save millions in energy costs and possible even make some money by selling surplus energy to energy resellers.
This will give the government the wiggle room to become fiscally responsible again, spending less, whether or not they want to, and maybe even raising some extra revenue as the economy starts to recover.
For the rest of us the final result will have more wide-reaching effects.
  The development and deployment of clean energy vehicles and support infrastructure means we will nudge the cost of clean energy vehicles closer to being more affordable.
  More affordability will translate into easier adoption and finally a chance to meaningfully lower the harmful effects that our vehicles now have on the environment.
Who would have thought that a paltry $300M, called wasteful by short-sighted nay-sayers, could potentially stimulate the economy and the environment to such a huge degree.
  This is certainly not waste but a much needed jolt to stimulate everyone to stop thinking short-term and focus on the big picture.
  Why should a stimulus only have short-term effects?  If this is waste then why waste only $300M like this? ...
lets waste some more!