Q***@webtv.net
2008-11-22 17:36:57 UTC
http://news.yahoo.com/s/ap/20081122/ap_on_go_pr_wh/obama_economy;_ylt=3DAk=
nO9PJOQYevD6SSned6cfWs0NUE
Obama economic plan aims for 2.5M new jobs by 2011
By WILL LESTER, Associated Press Writer Will Lester, Associated Press
Writer 2=A0hrs=A029=A0mins=A0ago
AP=A0- President-elect Barack Obama and his adviser Valerie Jarrett
decide on lunch during a stop at Manny's=A0
WASHINGTON - 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 it 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.
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.
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."
___
On the Net:
Video link to Obama's address: http://www.change.gov
nO9PJOQYevD6SSned6cfWs0NUE
Obama economic plan aims for 2.5M new jobs by 2011
By WILL LESTER, Associated Press Writer Will Lester, Associated Press
Writer 2=A0hrs=A029=A0mins=A0ago
AP=A0- President-elect Barack Obama and his adviser Valerie Jarrett
decide on lunch during a stop at Manny's=A0
WASHINGTON - 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 it 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.
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.
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."
___
On the Net:
Video link to Obama's address: http://www.change.gov