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MONTHLY ARCHIVES
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Obama Pledges to Secure 2.5 Million More Jobs by 2011
November 22, 2008 1:54 PM
With the nation suffering through an “economic crisis of historic proportions”, President-elect Barack Obama Saturday outlined an economic plan to save or create 2.5 million more jobs in his first two years in the Oval Office, a plan more even ambitious than what he promised as a candidate.
Listen HERE.
In the Democratic weekly radio address – now complete with a video version on YouTube – Obama promoted “a plan big enough to meet the challenges we face that I intend to sign soon after taking office.”
Watch HERE.
“We’ll be working out the details in the weeks ahead, but it will be a two-year, nationwide effort to jumpstart job creation in America and lay the foundation for a strong and growing economy,” said the President-elect. “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; fuel-efficient cars and the alternative energy technologies that can free us from our dependence on foreign oil and keep our economy competitive in the years ahead.”
“These aren’t just steps to pull ourselves out of this immediate crisis,” he continued. “These are the long-term investments in our economic future that have been ignored for far too long. And they represent an early down payment on the type of reform my Administration will bring to Washington – a government that spends wisely, focuses on what works, and puts the public interest ahead of the same special interests that have come to dominate our politics.”
With its goal of 2.5 million jobs by January of 2011, Obama’s plan is a bigger one than he has discussed before.
The decision to unveil the plan this Saturday is further evidence of the pressure Obama feels to outline action he will take on the economy despite his mantra that the nation has only one president at a time.
Just the day before, the Dow Jones jumped almost 500 points upon the news that Obama was likely to appoint the president of the New York Federal Reserve, Timothy Geithner, as his Treasury Secretary, to replace Hank Paulson.
It was also learned Friday that the leading contender to become Commerce Secretary is New Mexico Gov. Bill Richardson, once a former rival of Obama’s in the Democratic primary, like Vice President-elect Joe Biden and Sen. Hillary Clinton, D-NY, who is on track to become Secretary of State.
The unveiling of Obama’s new economic team is expected mid-day Monday in Chicago, but the Illinois lawmaker cautioned that righting the nation’s economic ship won’t be easy.
“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,” Obama warned. “But January 20th is our chance to begin anew – with a new direction, new ideas, and new reforms that will create jobs and fuel long-term economic growth.”
-- Jake Tapper and Matt Jaffe
November 22, 2008 | Permalink | Share | User Comments (175)
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[What if the absolutely best case scenario unfolds in Iraq, which is that it becomes a free and democratic society. It can't possibly last because the people who live in that country hate each other.]
In response to that, if you read peoples posts, it seems to me that alot of people in our country hate each other too. I read news and comments daily, and so many people seem to show division and hate..for one thing or another by throwing blame into the comment rather than simply making their statement.
Divisions because of political stance, color, gender, status, religion.. when I read a comment that has any kind of attack in it, it automatically makes it an invalid point to me.
We could find ways to agree and fix problems, rather than do what the candidates did and argue and point fingers. How does that accomplish anything positive? We are all human and all live on this planet and all have the same basic needs..and it's getting down to that.
So, the election is over. We are all equal now..lets come up with solutions and unite, rather than become the great divide! Our future depends on solutions and unity.
Everyone has their own style, thoughts, beliefs, opinions, etc., which might offend others. We don't need to throw all that into comments whether on a board or in person, if we have a point to make and want to be taken seriously.
Times are troubling enough and we need to band together and help find solutions. We are in deep water and the solutions the experts have come up with haven't worked yet, the news is worse every day, even with their daily solutions and bailouts.
So it's up to us guys and girls, maybe they will read what we have to say and think outside the box on solutions.
Posted by: UnitedWeStand | Nov 26, 2008 2:53:54 AM
Millions of people are losing jobs, homes, and cars and definately not able to pay their credit cards, their credit is ruined!!!
Has anyone given any thought to that? The fact that when you apply for a job they base employment on your credit report? How is that going to work? How will those people get jobs when that is a new employment requirement as of the last 8 years?!!
I need a job too! I hope the jobs he creates are equal opportunity for ALL and not just a certain sector! It's time for equality and no special favors anymore. This is the United States, and now there is no reason to divide anymore. Many Americans haven't and don't qualify for government money even if they have no money or food.
There are many poor people, of all colors in America now. Equal rights to ALL, because many are struggling and there is no real minority anymore.
Posted by: 1DreamzOn | Nov 26, 2008 2:28:38 AM
It is truly amazing and quite sad that so many posters here just can't get over the fact that the country wants to go in a different direction. You had 8 long years of having it your way, and look where that got us. Most of you talk about increased spending, but nobody mentions how much we are wasting in Iraq. It will go down in history as the most ridiculous waste of money in the history of mankind. Also, what if the absolutely best case scenario unfolds in Iraq, which is that it becomes a free and democratic society. It can't possibly last because the people who live in that country hate each other. I only hope that this wont be our story one day. JOHN MCCAIN AND THE REPUBLICANS LOST!! THE ELECTION IS OVER!!! I would rather do my deficit spending in this country fixing collapsing bridges and crumbling roads and building wind farms, and maybe even nuclear power plants, than sending it over to a hopeless wasteland where there can really never be a victory or peace. There will never be another U.S. ally such as Israel in the Middle East. The Iraqis will turn on us as soon as we leave. In fact they have never liked us and have already begun turning on us. If all of the money we spent on this war had been spent in this country, we would be just as safe as we are now, even if Saddam was still alive and in power, and there would be an economic boom going on. The money spent over there was blown up in smoke and we have nothing to show for it.
Now let's talk a little bit about taxes. Nobody is talking about raising anybody's taxes. The Bush tax cuts will be allowed to expire, as Congress intended when they passed them, and people making over $250,000 will pay more. Boo hoo hoo. What are you doing with that extra money now? How much are we really talking about, and how will your life be affected compared to the millions of people who are out of work? We need to have more compasion for our fellow man, and those of us making more than $250,000 should be thanking our lucky stars for being in that position and realize that it could all change in the blink of an eye, and one day we might be one of those who benefit from the higher taxes that will have to be paid.
Posted by: Amazed | Nov 25, 2008 2:56:34 PM
"The natural progress of things is for liberty to yield and government to gain ground." T.J.
Posted by: thomas2112 | Nov 25, 2008 2:12:52 PM
Barry O
when are you going to start paying my mortgage and car loan? start spreadin' the wealth around! i got kids man, daddy needs a new pair a shoes!
Posted by: dave | Nov 25, 2008 1:21:45 PM
People. The 2 party system is a sham. Obama can't do anything. We are going to have 25% unemployment and we are going into Great Depression 2. WAKE UP PEOPLE. Stop believing everything you read from the MASS MEDIA. Do some research about the media outlets and find out where they get THEIR news from. People are so stupid. SHEEPLE.
Posted by: ryan | Nov 24, 2008 11:31:25 AM
Let's create 2.5 million jobs.. and we'll do it by hammering every business in sight. But, I have to give Obama credit.. for once he made a promise that isn't a lie. He is going to create 2.5 million new jobs.. in China.
Posted by: howwouldiknow | Nov 24, 2008 9:37:15 AM
Dems - Simple math tells you that if my taxes are increased, I will NOT have more money. I would not have more money under the Democrats, because we have NEVER had more money under the Democrats. We had a nice savings until Bill Clinton got into office & increased our taxes. Then we were living paycheck to paycheck. We were making headway again after President Bush got into office and he decreased taxes. We are still currently doing okay and will be until Obama raises our taxes again.
As for welfare... yes, I have a problem with it. When my daughter was an infant, I happened to go to the grocery store on WIC day - I was the ONLY person in line paying for my own groceries. I was the only one buying store brands & generics, while the WIC moms were buying brand names of everything. And it is was really interesting to see how many of them were teenage moms there with their own moms - I can guarantee those babies weren't eating that food - but grandmom certainly was. I particularly have a problem with people who have kids JUST to get a welfare check ..and there are millions of people out there like that. I think that you should have to go out and get a job.. any job in order to get some welfare money. For all the hype in the media about there not being any jobs out there - every time I go out I see help wanted signs. But people would rather sit on their butts and collect welfare than get a job.
Posted by: ellsbells930 | Nov 24, 2008 6:38:00 AM
Let's clear this up..It's ALL Bush' fault. This war is costing US millions(billions?) of dollars. And as soon as we leave whatever religion or militant style group is the strongest WILL take over. My Uncle was in Vietnam, left leg shot off, hand shot THROUGH, he was 18 and there one week when he was ambushed. He said the same thing. You can't save a country that don't want to be saved. They have too many extremist religions over there. And I want my nephew and cousin to come home in one piece. Useless War. Vietnam all over again.
Posted by: MrsJones | Nov 24, 2008 1:44:48 AM
Tonya wrote "That is not Bush'problem.."She is right in an offbeat sort of way. Bush' problem was when he woke up one morning, went and shot some animal,then got to thinking (OoOh dangerous). He thought "Hey, he-he-he-he, I think I'll run for that President of the United States. He should have thought of Plan B.- A Comedian. He was a great jokester while he was in office. I would have bought tickets to see him at the comedy barn
Posted by: MrsJones | Nov 24, 2008 1:37:21 AM
tonya... don't you find it funny that Obama has hire several former Fannie Mae and Freddy Mac CEO's? Especially since one of these individuals made over 30 million in one year as CEO of Fannie Mae.... Obama has outwitted and out played everyone...now we all will get to pay for their mistakes.
Posted by: 55Mariposa | Nov 24, 2008 12:11:17 AM
Jobs left during the Clinton administation.
The attack on 9/11 messed up the economy we had in 2002 and 2003.
The war has costed us alot, but the real problem started when Pelosi and Reid continued to tell the world that we were in trouble. Wanting to win in 2004.
Yet they didn't stop Fannie and Freddie's letting the bad loans go thru.
That is not Bush's problem. Read and get the real facts about this country and you will see that it is the Dems. that have ruined it.
I am watching for the next 8 years while all of you who voted for the change to be the ones who change to Rep. in the next election!
Posted by: tonya | Nov 23, 2008 11:58:18 PM
Perusing-Through...why should Bush do anything...he already is being blamed for everything when the Dem's control Congress. I say let Obama and his massive team of people figure out the best course of action. If Bush does anything now, it could mess up Obama's plan of action. Any way let Obama have the headache, Bush got 9/11 and now Obama will have the economy that the Dem's created.
Posted by: 55Mariposa | Nov 23, 2008 11:36:44 PM
WHY IS THE MEDIA NOT PRESSING THE CURRENT BUSH-CHENEY ADMINISTRATION FOR PRESIDENTIAL ACTION LEADING TO SOLUTIONS FOR THE NATION'S ECONOMIC ILLS? IT APPEARS BUSH-CHENEY ARE PLANNING A "CUT AND RUN" STRATEGY WHILE LEAVING OBAMA-BIDEN HOLDING THE BAG.
.
NO AUTHORITY UNTIL JANUARY 20th:
I am happy and not surprise the Obama-Biden 'Administration-Elect' is announcing their financial plans to help the country. I am happy they are working hard to find a way to assist the auto industry. Although they have NO AUTHORITY, the token help is appreciated when their focus should be primarily on the search for 3,000 political appointments.
CUT AND RUN AWOL COMMANDER-IN-CHIEF:
Look around. Nobody in the media, much less FAUX-News or Right-Wing radio is reminding the Bush-Cheney administration they are still getting paid to fix the disaster they allowed to develop on their watch. The Bush-Cheney administration is still 'on the clock' for the next two months. Assuming this national crisis is as critical as claimed, then why is there not greater pressure from Congress, from Governors, from the media, and from Right-Wing zealots to make the Bush-Cheney administration work this crisis until their last days in office? Again, if they are still getting a paycheck, should not they have to dive in and fix the problem? Why are these problems left to the Obama-Biden team and they have NO AUTHORITY to execute any presidential solutions until January 20, 2009?
Posted by: Perusing-Through | Nov 23, 2008 11:20:47 PM
EllsBells writes, "Dems - This difference is HOW they spend money. It is all summed up in "If you give a man a fish, he'll eat for a day (The Democrats). If you teach a man to fish, he'll eat for a lifetime (The Republicans)."
==================================
This is the problem Ells. You now say it's NOT the spending but WHERE we're spending it. (This is the kind of thing Republicans like to say when people start looking at the ACTUAL numbers which show the Republicans have an open check policy towards spending and borrowing money.)
Let me ask you, do you now WHERE the money is being spent? Right now there are literally MILLIONS of "White" Americans who honestly believe the deficits are the result of government handouts when in ACTUALITY they are not.
If you have issues with the welfare system you clearly aren't in tune with certain realities. The system is designed to protect children. CHILDREN. Are we to assume that you believe the CHILDREN should be homeless, without food and shelter BECAUSE they were born to low-lifes, short-sighted or simply unfortunate individuals?
You'd have far more money in YOUR pocket if you didn't buy into the whole trickle down economics bs.
Posted by: Dems | Nov 23, 2008 8:33:30 PM
pefros - I'm not the one living in a dream world. Perhaps you should look at the underlying cause of the spending in those years.... does a little date like 9/11 ring a bell? A hurricane named Katrina? A tsunami in Southeast Asia? Just to name a few unusual, extraordinary things that happened.
Posted by: ellsbells930 | Nov 23, 2008 7:40:16 PM
Problem is.... Americans don't want real work...... we have farmers in our area begging for workers.... only ones that are applying are the illegal Aliens…........ just think….. if they kick out the 11 million illegal aliens….. they could put a LOT of Americans to work….
Posted by: Scion08 | Nov 23, 2008 5:58:17 PM
ellsbells:
You're living in a dream world.
Here's how the Republicans ran the government.
REPUBLICAN GOVERNMENT
$421 Billion OVER BUDGET (2002)
$555 Billion OVER BUDGET (2003)
$596 Billion OVER BUDGET (2004)
$554 Billion OVER BUDGET (2005)
$574 Billion OVER BUDGET (2006)
This includes RECORD overspending.
And the Republicans had the nerve during the election to try to label the Democrats as "overspenders of your hard earned tax dollars".
Republican philosophy is buy a country its wealth by doing into debt until you totally bankrupt it and then let it flounder.
Posted by: pefros | Nov 23, 2008 4:43:11 PM
Dems - This difference is HOW they spend money. It is all summed up in "If you give a man a fish, he'll eat for a day (The Democrats). If you teach a man to fish, he'll eat for a lifetime (The Republicans)."
Posted by: ellsbells930 | Nov 23, 2008 2:59:36 PM
EllsBells writes, "It's not that I WANT him to fail, it's that I KNOW he will fail, because the Democratic mantra of throwing money at problems just doesn't work."
================================
(lol) I have to admit that I'm tickled when I hear Republicans toss that whole Democrats want to spend and THEY don't nonsense. Republicans are far worse when it comes to spending. They have a blank check policy because most of their constituents aren't even paying attention.
How much have we spent already on the war in Iraq? How much have we borrowed from foreign countries? If you believe the whole Democratic mantra nonsense I think it's safe to say you also believe in the Easter Bunny as well as Santa.
Posted by: Dems | Nov 23, 2008 10:38:47 AM
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