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Obama offers job plan

Daily newsbrief journal for November 2008, also see http://www.usdemocrats.com/brief for a global 100-page perpetual brief and follow twitter @usdemocrats


Obama offers job plan

Postby admin » Sat Feb 11, 2012 1:13 am

Obama offers job plan
« Thread Started on Nov 23, 2008, 12:53am »

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Obama offers job plan
Posted: 08:42 AM ET
(CNN) — Saying that moving quickly is imperative, President-elect Barack Obama on Saturday offered an outline of his economic recovery plan to create 2.5 million jobs by 2011, saying American workers will rebuild the nation’s roads and bridges, modernize its schools and create more sources of alternative energy.

“These aren’t just steps to pull ourselves out of this immediate crisis,” Obama said in the weekly Democratic address, posted on his Web site. “These are the long-term investments in our economic future that have been ignored for far too long.”

Details of the plan are still being worked out by his economic team, Obama said, but he hopes to sign the two-year, nationwide plan shortly after taking office January 20.

He referred to figures out this week showing that new home purchases in October were the lowest in 50 years, and that 540,000 new unemployment claims had been filed — the highest in 18 years.
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