Obama Will Create 2.5M Jobs In Two Years
From the Los Angeles Times:
Obama economic plan aims for 2.5 million new jobs by 2011
By Christi Parsons
November 22, 2008Reporting from Washington — President-elect Barack Obama signaled this morning that he would push for a bigger economic stimulus package than he previously discussed, pledging to create 2.5 million jobs in the effort to combat what he called a “crisis of historic proportions.”
Obama said he would offer a two-year stimulus proposal instead of the expected one-year one, calling it “a plan big enough to meet the challenges we face.”
“These aren’t just steps to pull ourselves out of this immediate crisis,” Obama said in his weekly radio address. “These are the long-term investments in our economic future that have been ignored for far too long.”
The president-elect said he had already directed his economic team to come up with a recovery plan that should result in 2.5 million more jobs by January 2011. The president-elect had not mentioned that number before.
“We have now lost 1.2 million jobs this year,” Obama said. “And if we don’t act swiftly and boldly, most experts now believe that we could lose millions of jobs next year.”
The plan would include jobs rebuilding roads and bridges, improving schools and building alternative-energy technologies. Details are to be worked out in the weeks to come.
As he crafts the proposal, Obama is also putting together an economic team he plans to introduce within the next few days.
Although the lineup has not been officially confirmed, the Tribune Washington bureau has reported that Timothy F. Geithner, president of the Federal Reserve Bank of New York, is the likely candidate to serve as Treasury secretary and that New Mexico Gov. Bill Richardson is shaping up as the new secretary of Commerce.
Has any President every created any jobs except for those in the government — which are not the kind of jobs that help to spur the economy?
(Cf. the WPA. Which, come to think of it, this sounds very much like.)
Of course compared to lowering the seas, this should be a piece of cake.
How many times do I have to explain this to my college students? Governments that “create jobs” create plantations. Why do you think the Democrats sided with slavery until the Civil War — and held almost uninterrupted control of the White House from Jackson’s presidency to Buchanan’s presidency?
The Democrats’ main argument against abolitionists was that the slave plantation was a gentle place where everybody was provided for, and the sick and infirm and old knew they would not be thrown out simply because they couldn’t work anymore. The plantation paterfamilias always had jobs for everyone. The only glitch was that in return for this security, you had to stay at the job the paterfamilias assigned to you. And to assign everyone his or her place in this system of endless security, race happeend to be the easiest basis of categorization. Now, it won’t be race, but rather something else like class and/or connections and/or your educational pedigree. Hence, the “guaranteed right to work” is a right, but strangely enough, not a freedom.
Why do people never figure this out?
Hey, Latinos, why would students want to bother learning history? Isn’t it all just about a bunch of dead white guys? ::::Sigh:::::
@Lorione — Haha, very true!
Lol @ Lorione. So true, unfortunately. Anymore, studying textbooks and history is “acting white”.
How many thermostats will a “Green” federal worker have to check during his or her average workday? I guess not many since there will be millions.