Obama wants to create 2.5M jobs

Here\'s a lengthy article, but the gist is he wants to make more jobs available as unemployment has risen to a 16 year high and he wants to do it through road projects, school projects, and efforts to create wind farms and solar panels.
 
A lot of these jobs, I guess, will be funded by the government, so hopefully he\'ll get the money from what\'s currently being used for war or something rather than wanting to raise taxes.
 

Obama economic plan aims for 2.5M new jobs by 2011

Saturday, November 22, 2008 2:14 PM EST
The Associated Press
By WILL LESTER Associated Press Writer

WASHINGTON (AP) — President-elect Barack Obama promoted an economic plan Saturday he said would create 2.5 million jobs by rebuilding roads and bridges and modernizing schools while developing alternative energy sources and more efficient cars.
 
"These aren\'t just steps to pull ourselves out of this immediate crisis. These are the long-term investments in our economic future that have been ignored for far too long," Obama said in the weekly Democratic radio address.
 
The goal is to get the plan quickly through Congress, with help from both parties, after Obama takes office Jan. 20. The plan, which envisions those new jobs by January 2011, is "big enough to meet the challenges we face," he said. The president-elect said he has asked his economic advisers to flesh out the recovery plan — one "big enough to meet the challenges we face. ... We\'ll be working out the details in the weeks ahead, but it will be a two-year, nationwide effort to jump-start job creation in America and lay the foundation for a strong and growing economy."
 
Obama noted the growing evidence the country is "facing an economic crisis of historic proportions" and said he was pleased Congress passed an extension of unemployment benefits this past week. But, he added, `We must do more to put people back to work and get our economy moving again."
 
Nonetheless, he said, "There are no quick or easy fixes to this crisis, which has been many years in the making, and it\'s likely to get worse before it gets better."
 
It will take support from Democrats and Republicans to pass the economic plan, Obama said. "I\'ll be welcome to ideas and suggestions from both sides of the aisle," he said. "But what is not negotiable is the need for immediate action."
 
People "are lying awake at night wondering if next week\'s paycheck will cover next month\'s bills," if their jobs will remain, if their retirement savings will disappear, he added.
 
Senate Majority Leader Harry Reid, D-Nev., said congressional Democrats will "continue pushing for aggressive but necessary measures. Part of that is passing a substantial economic recovery package, like the one President-elect Obama discussed this morning, that creates good-paying jobs here in America and stabilizes a volatile market."
 
In a slap at President George W. Bush, Reid added, "We will soon finally have a leader and partner in the White House who recognizes the urgency with which we must turn around our economy, and I look forward to working with him and the new Congress to do so."
 
The Labor Department reported that claims for unemployment benefits jumped last week to the highest level since July 1992, providing fresh evidence of the weakening job market.
 
"We\'ll put people back to work rebuilding our crumbling roads and bridges, modernizing schools that are failing our children, and building wind farms and solar panels," Obama said. He also made a commitment to fuel-efficient cars and alternative energy technologies "that can free us from our dependence on foreign oil and keep our economy competitive in the years ahead."
 
Obama pointed to the past, saying that Americans in this country\'s darkest hours have risen above their divisions to solve their problems, as a hope for the future.
 
"We have acted boldly, bravely, and above all, together," Obama said.
 
"That is the chance our new beginning now offers us, and that is the challenge we must rise to in the days to come. It is time to act. As the next president of the United States, I will."

[videoholic]

Woohoo!!!!!!   Were saved!!!!!!!!

[clips]

Whelp at least he\'s showing that he\'s going to tackle this thing head on....but i\'m not expecting him to turn this thing around even within his first term. It\'s going to take alot of work to get the economy back on track....some scenarios are even beyond his control....some markets will just have to fix itself.

Whelp at least he\'s showing that he\'s going to tackle this thing head on....but i\'m not expecting him to turn this thing around even within his first term.

lol did he already win the next election?

If the market turns around within his term, he will be a two timer.

Even though he would have little to nothing to do with it.

[Viper_Fujax]

lol did he already win the next election?

if bush could win because he was the incumbent president, then yea..obama has already won the 2nd term

[GmanJoe]

Sounds like the New Deal in regards to building and repairing roads and bridges.

As for fuel efficient cars, the Big Three would use the subsidy only to stay out of going bankrupt and continue paying UAW people.

They are done paying UAW pensions in 2010 I think, but I am sure they will manage to fuck that up somehow.

[videoholic]

the big three have been getting billions for fuel efficient cars for many years.  Where\'s it gotten us so far?

The Chevy Volt..O wait..wheres that at?

[GmanJoe]

Europe. GM wanted to wait another 3 years before shipping that over here.

[clips]

the big three have been getting billions for fuel efficient cars for many years.  Where\'s it gotten us so far?

That\'s true...my 2000 chevy metro still gets between 38 - 40 mpg.....even tho it\'s only got like 90 hp under the hood......i guess folks wants fuel efficient cars that are also able to at least outrun a tractor trailer.....my car feels like it\'s gonna have a heart attack at 60-65 mph..

We\'re so lucky to have Obama as our President.  If he says it, it must be true!

[clips]

We\'re so lucky to have Obama as our President.  If he says it, it must be true!

"Nonetheless, he said, "There are no quick or easy fixes to this crisis, which has been many years in the making, and it\'s likely to get worse before it gets better."


^^^He\'s not making any grand promises....too bad we\'ll never see if the ancient artifact that is Ron Paul can do a better job, since he always has alot to say.....everybody always has solutions and answers as to what needs to be done to fix the economy,... until you actually see the numbers, nobody can say in reality what can and needs to be done...Obama has already stated that some of his plans for the country are going to have to be put on hold until things improve.


Give the guy a chance...i wasn\'t a big fan of bush...and he was actually an ok prez until he went on his iraq campaign,..i lost all respect for him after that. Seems like you\'re signing obama off before he even gets into office.

I believe in sound money and job creation through tax cuts, that\'s not exactly rocket science.