Skip to comments.Obama economic plan aims for 2.5M new jobs by 2011
Posted on 11/22/2008 7:12:10 AM PST by Red in Blue PA
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."
(Excerpt) Read more at news.yahoo.com ...
Let's see if I got it right...
We are rebuilding failing schools that churn out workers to build the roads and bridges that won't be used because of sky high energy costs and those of us who do drive... will be driving a Yugo.
And all this will be financed by taxing the rich folks to death. And that would be anybody with a job because hyperinflation will raise everyone to the highest tax bracket.
They want pie.......
“He’s creating job opportunities for more Illegals.”
That was my first thought. He’s going to be granting amnesty to illegals and they will need jobs, right? The program will be in place to hand jobs to them.
Obama has never had a real job. Never had to make a payroll and has no clue how businesses run or how they make a profit. He was given everything he has because he is black. People that think he can do anything are just plain idiots. He’s nothing but a mouthpiece of the people in the background telling him what to do and say.
You’re accurate and quite astute. Pathetically, millions of morons haven’t realized it yet, but that day is fast approaching. The anger will be something to behold. The Muslim Messiah will need his followers to help control the rage and dissent. Ain’t gonna be pretty.
What the news media chose to emphasize was trivia, slanted against the Republicans in general, Ms. Palin in particular, not all of which was true. Ms. Palin never said she “could see Russia from her house.” That quote came from Tina Fey, who impersonated her on Saturday Night Live.
That Senator Obama said his energy policy would bankrupt the coal industry is rather more important than Mrs. Palin’s wardrobe, but if the news media chose not to report it (as most did not), then the Obama supporters polled can’t be blamed for not knowing it.
“millions of morons”
LOL - would these be the same morons who believe that factcheck.org is THE definitive source and is not to be questioned, while telling me that “you can’t believe anything you read on the internet”?
There will be no anger, no outrage, and no civl war.
The Sheep will do what sheep always do: stay in their pasture and eat whatever is fed them, awaiting the shearing and slaughter to come.
The American people are Leftists, they voted in the government they want, and no amount of Pollyana-based “center-right” cliche’s can stand against the facts.
I still say there are millions of us that won’t meekly go to the slaughter.
Jobs? You mean, work?? Comrade Zero, you promised prosperity for all! Yet, you want your supporters to work?
But go to the slaughter, they will.
A tad too much “chicken little” syndrome.
We are still the greatest country on the face of this rock and the illusion that our downfall will create a rise somewhere else, IMO is just an illusion. The rest of the world depends on us to survive.
See tagline, we survived.
TAX CUTS.....do I hear the words.....TAX CUTS......anybody? TAX CUTS?????
He intend to hire 2.5 million ppl to work for the government?
Yes, King Showbama will fix everything....
Who knows, maybe he’ll sell the rights to the bridges and roads to foreign governments and they can charge Americans tolls for usage.
We sO! f**ked.
Next up on the agenda, he’ll make mens’ peckers and womens’ boobs bigger.
Wait till the public outrage is directed at the media. They have been the major player that has caused this mess. Maybe the stupid public (Obama idiots) will somehow see the truth.
Naw, just a thought.........
“The Apollo Alliance, a San Francisco coalition of environmental and labor groups, also released a study in September. It concluded that five million green jobs could be had with an investment of $500 billion — more than three times Mr. Obama’s number.
Kate Gordon, co-director of the Apollo Alliance, says the numbers are less important than the message. “Honestly,” she says, “it’s just to inspire people.”
His proposal according to his campaign website is to spend $150,000,000,000 in developing clean energy and producing 5,000,000 well-paying jobs. That $150 billion is not all for wages but let us assume it was. These well-paying jobs would be paying $30,000 a year or $15.63 an hour—that’s before any deductions and assuming everyone gets paid the same amount! Yeah, that’s something to really “inspire” people and get them all excited!
I guess it’ll take that many people to dredge the harbors after the seas recede...
Notice that the plan wasn’t announced on a day the market was open. The DOW would have tanked big time on this “spend our way out of the problem” scheme.
“I was always under the impression that everytime govt hires someone, the public sector looses money.”
Your impression is correct. the money the Govt spends is taken out of the pockets of taxpayers and so whatever investment the Govt makes is simply displacing private sector investment. And if the govt takes on debt, it also crowds out private sector debt.
So this is basically a scam in which nothing productive is accomplished but that since the impression is given that something is being done, it will have the intended political effect.
Note this - FDR LENGTHENED THE GREAT DEPRESSION:
Yet he got re-elected 3 times. Go figure.
Like Clinton, he will make the numbers look good on the surface and take full credit, even though it will guarantee a secondary economic melt-down.
But don’t expect the blame to go anywhere except towards Conservatives.
They still believe that this mess is due to the public mood and can be turned around if everything is presented as peach keen and rosy.
“Pathetically, millions of morons havent realized it yet, but that day is fast approaching. The anger will be something to behold.”
I believe at on December 5th when the US Supreme Court makes a decision that will prevent Obama from taking the Office of President, the anger will be directed towards Obama for being the total lie he is. Yes, some will riot, but they are the folks who would riot for any reason and continue to do so.
I was in high school when they opened the 55 freeway which was then call the "Newport Freeway" because it was supposed to take everyone to Newport Beach. That freeway has been under constant construction since 1968 and it still doesn't end in Newport. It dead ends into Costa Mesa. Newport doesn't want it. Never did.
It has been widened and bridges have been built and rebuilt and I don't think I have ever driven on it when some kind of construction hasn't been going on. The total length of the freeway is about 10 miles. I think they now call it the "Costa Mesa" freeway. I guess they gave up on the Newport idea.
This will cause Wall Street to sell-off heavily to roll everything into Government/Municipal bonds. Which is already happening.
This is a carbon copy of the Carter years. I expect much the same thing to happen to the private sector as did then. There will be oil/fuel shortages, rationing, huge unemployment and run away inflation.
You can’t artificially stimulate an economy that just isn’t there.
He’ll give everybody a pair of scissors and tell them to trim the prairies.
Talk is cheap
This is nuts. How about hi-tech jobs Barry boy???
Maybe we should all move to India where they understand the value of the entrepreneur and wealth creation!
You, madam, are a genius! Well said.
A thousand bridges to nowhere. Boy are those college kids gonna be surprised when they get a pick’n’shovel for graduation!
WE WANT PIE!!
Give us pie, more pie, the Obamessiah promised us PIE!!!
Costa Mesa Freeway, Taxway, Porkway....AmericanWay.
I’m actually ok with this plan to get some infrastructure projects going as long as only US citizens are allowed to be part of the workforce.
I fear you are correct though. Our “friend” GWBush essentially fell asleep at the wheel while 15 million new democratic voters entered the US from Mexico from 2000 to 2008. And with the economic downturn, many of those 15 million who have jobs will probably lose them and we’ll be in the mess of trying to support them if Obama and dems grant amnesty.
People thought he "cared" about them.
“The unions might take issue with his WPA, CCC plans.”
Who cares? What, are unions gonna go vote Republican? Ha!
BO wnat us all in a chain gang instead of meaningful work.
As the truth gets out about global warming, all this energy tech sector will look mighty speculative (with no return on investment and no new jobs.)
Plenty to do I see. Spying, writing up reports after listening to spies, working the trains, building the camps, building ‘showering’ facilities, arranging and working shipping routes to get rid of dissenters.
Then of course, confiscating, sorting, and distributing the possessions and land property of ‘criminals’ to loyalists and new recruits.
Clerical work such as taking names, ages, filing the paperwork, stacking it and getting identification numbers for prisoners.
Fashion design: designing uniforms according to category.
Working in press, PR, coordinating development of education films with Hollywood and new material for teaching. Stage shows, cartoons, movies and songs.
Farming in communes and only allowing married couples to meet and copulate every so often in a specific area curtained off with a guard outside to tell them when their time is up. Portrait of Obama in the room to encourage good patriots to breed new soldiers for the revolution and also discourage psychological intimacy using Obama as a distraction. Also discourages ‘weak minded’ people from copulating because of Obama distraction. Food rationed and distributed.
Hospital facilities created to keep hygiene up to snuff to ensure healthy babies are born and keep breeders as healthy as possible. Daycare facilities set up to keep children from developing ‘unnecessary attachments’ to mothers/breeders. Only party members of good standing and ‘irreproachable reputation’ are allowed to maintain family unit with frequent checks by case worker to ensure that child is not corrupted by ideas of unimportance and impurity such as the concept of individuality and accomplishment for the self alone.
Housekeeping: maids and other houseworkers ‘volunteer’ to clean homes of party members following all orders with unquestioning obedience.
Those of high intelligence are taught ideals of party by ‘teachers’ and if ‘incorrigible’ are exterminated.
Military: I don’t need to say I think.
See, plenty of jobs created.
“taxing the rich folks to death”
Taxing and then shooting.
I know I won’t. When people realize the reality of the situation, they’ll freak out.
And the exact people who are the same voted for him. They’ve never had to build from scratch, plan a business strategy, get funds, and make and follow through long term plans.
Affirmative Action has reached it’s peak.
At this point the people who think this stuff appears out of thin air are going to be the ones starving in the streets when the benefit train falls to pieces and Obama is no longer able to throw money to them because he and his goons have killed off all the producers and the survivors are in exile.
The reason I think that there will be no outrage is exactly what we see in Cuba ie "the people" have just enough to keep from starving, being cold, being without shelter. In other words, they are complacent with not enough motivation to revolt. That, IMO, is the secret of what makes socialism/communism/progressivism work. And I could see it happening here in USA
Don’t forget the concessions need to appease enviro-regs, states, cities, counties and neighborhood groups in order to get anything done.
Folks will be wishing for how simple things were for the WPA.
Buah created 2 million jobs just in 2005 alone. Its going to take this asshat 3 years to do the same?