Posted on 03/02/2010 4:19:08 AM PST by Cheap_Hessian
WASHINGTON (Reuters) - President Barack Obama will announce details of an estimated $6 billion program on Tuesday to generate jobs by providing incentives for Americans to make their homes more energy efficient, the latest step in his bid to convince Americans he can ease their economic woes.
The plan, which must be passed by Congress, is intended to prompt Americans to invest in everything from insulation or new windows to overarching energy upgrades of their homes, creating construction and manufacturing jobs, and boosting energy efficiency.
"The current thinking is that the program would be in the range of $6 billion, and we think that would be an appropriate range for a program of this magnitude," said a senior administration official, who asked not to be named in advance of Obama's comments.
Obama will spell out details of the plan during a trip to Savannah, Georgia, the latest stop on his "White House to Main Street" tour, during which he discusses ideas for rebuilding the economy.
(Excerpt) Read more at reuters.com ...
Great Stimulus Stuff
Gap and Crack Bailout
May I FReepmail you about a HVAC upgrade?
STOP GIVING AWAY OUR F*CKING MONEY!!!
Seems to me he pushed that finger a tad too far up his nose.
Sure.
Let me guess - the contracts will only be awarded to employers who pay the equivalent of UNION wages, provide health insurance coverage and co-funds pension plans. In other words, only union shops will be able to get the contracts! No lack of transparency here! Everything Obama does is transparent!
Real estate is plummeting in value.
People have no jobs.
And Obama’s reaction is to offer subsidies to encourage people to spend money they don’t have to repair houses that are becoming worthless.
GREAT JOB, BRAINIAC.
Doesn’t this guy know when he SHUTS UP his ratings go higher??
If you were going to do this anyways and have the cash, now's not a bad time to do it.
Up here in the Cleveland area, someone was spraying that stuff in car exhaust pipes.
Well, those are the decision points: You’re gonna do it anyway and you have money to do it. I’m sure some number of folks will take advantage—legally or illegally.
But I don’t see this program being large enough to generate new jobs—which is the point of my post.
Queue up the Caulking skit from Saturday Night Live.
He ought to take a short drive to Liberty County and talk up caulking trailers.
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