Obama sets goal to create 2.5 million jobs

November 23, 2008

Washington (ChattahBox) — President-elect Barack Obama on Saturday said he has directed the economic team guiding his White House transition to come up with a plan to create 2.5 million jobs during his first two years in office.

Delivering the Democrats’ weekly radio address, Obama indicated the plan would rely on his ideas for an investment in public works and alternative energy sources. He said such a proposal would “jump-start job creation in America and lay the foundation for a strong and growing economy.

“These aren’t just steps to pull ourselves out of this immediate crisis,” Obama said in the taping on Friday. “These are long-term investments in our economic future that have been ignored far too long.”

While cast as a response to a rapidly worsening crisis, the plan could enable Obama to shift massive sums to domestic priorities that Democrats say have long been neglected, such as health care and education.

In his campaign, Obama proposed spending $85 billion on infrastructure repair initiatives over a 10-year period with a focus on job creation, by spending billions of dollars to rebuild roads and bridges, modernize public schools.
He also has called for spending $150 billion over a decade on green energy initiatives and related job creation by constructing wind farms and other alternative sources of energy.

Obama said “what is not negotiable is the need for immediate action.”


Comments

Got something to say? **Please Note** - Comments may be edited for clarity or obscenity, and all comments are published at the discretion of ChattahBox.com - Comments are the opinions of the individuals leaving them, and not of ChattahBox.com or its partners. - Please do not spam or submit comments that use copyright materials, hearsay or are based on reports where the supposed fact or quote is not a matter of public knowledge are also not permitted.