CHICAGO -- President-elect Barack Obama on Saturday proposed an economic recovery plan designed to create or salvage 2.5 million jobs over the next two years, calling for "a plan big enough to meet the challenges we face." Mr. Obama, speaking in the weekly Democratic radio address, said he had directed his advisers to put together a two-year stimulus plan intended to jumpstart the economy and ease the financial crisis in the United States. The plan is larger than any initiatives he proposed during the presidential campaign. "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," Mr. Obama said. "But January 20th is our chance to begin anew, with a new direction, new ideas, and new reforms that will create jobs and fuel long-term economic growth." Mr. Obama said he would outline specific details of the proposal in the coming weeks, offering only a broad sketch of the plan on Saturday. He said the two-year effort would put Americans back to work through infrastructure and energy projects.
Mr. Obama, speaking in the weekly Democratic radio address, said he had directed his advisers to put together a two-year stimulus plan intended to jumpstart the economy and ease the financial crisis in the United States. The plan is larger than any initiatives he proposed during the presidential campaign.
"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," Mr. Obama said. "But January 20th is our chance to begin anew, with a new direction, new ideas, and new reforms that will create jobs and fuel long-term economic growth."
Mr. Obama said he would outline specific details of the proposal in the coming weeks, offering only a broad sketch of the plan on Saturday. He said the two-year effort would put Americans back to work through infrastructure and energy projects.
More like that, please.
Today in Cabinet appointments: Congressman Raul Grijalva, co-chair of the Progressive Caucus, is apparently going to wind up as Obama's pick for Secretary of the Interior. Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
I have already directed my economic team to come up with an Economic Recovery Plan that will mean 2.5 million more jobs by January of 2011 -- a plan big enough to meet the challenges we face that I intend to sign soon after taking office. We'll be working out the details in the weeks ahead, but it will be a two-year, nationwide effort to jumpstart job creation in America and lay the foundation for a strong and growing economy. 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; fuel-efficient cars and the alternative energy technologies that can free us from our dependence on foreign oil and keep our economy competitive in the years ahead.
Infrastructure, education, alternative energy. I think those are precisely the priorities we need. Now where are we going and what's with the handbasket?
