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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.

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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.”

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“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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2.5 million government jobs paid for by tax payers money complete with union affiliation and free health care. Sounds like a way to insure a dem victory for the next couple of decades.

Posted by: oh really | Nov 23, 2008 10:07:58 AM

IT TOOK 16 YEARS TO GET US IN THIS MESS---DONT EXPECT IT TO CHANGE INSTANTLY.
FREE TRADE WILLY STARTED THE ECONOMIC DISASTER AND DUMBELL BUSH GOT US IN A STUPID WAR--HIS OWN FATHER KNEW BETTER.
THE NEW ADMINISTRATION WILL CERTAINLY HAVE MORE THAN A FEW CHALLENGES.
GOODBYE

Posted by: rodney | Nov 23, 2008 9:38:21 AM

Jobhunter, sorry, but being a full time blogger is not looking for a job. LOOKING for a job is a full time job in and of itself; I've been there

Posted by: LOfromMO | Nov 23, 2008 9:23:52 AM

WE PUT OBAMA IN POWER --AND WE MUST HOLD HIM TO HIS PROMISES-----AS TO HEALTH CARE HE PROMISED TORT REFORM,THAT SHOULD HAVE GOTTEN THE AMBULANCE CHASING LAWYERS A LITTLE WORKED UP AS THEY ARE A PRIMARY CAUSE OF THE HIGH COST.BUT THE IDIOTS DREAMING OF INSTANT WEALTH NEED TO BE EDUCATED.

Posted by: rodney | Nov 23, 2008 9:23:08 AM

THE MASSIVE AMOUNT OF MONEY LEAVING OUR COUNTRY ---MUST STOP---WE COULD HAVE HEALTH CARE AND MOST ANYTHING ELSE NEEDED-----BUT TRADE MUST GET UNDER CONTROLL--AND THE FREAKING IRAQ WAR MUST END.

Posted by: rodney | Nov 23, 2008 9:13:09 AM

REDNECK - Didn't you hear, your "voting present" nonsense was dismissed months ago along with Rezko, Ayers, He's a Muslim, and your other slogans of the day?

Read Obama's record before parroting your stupid republican friends. Obama votes "present" in less than 3% of votes during his term.

McCain, on the other hand, was ABSENT for 52% of votes, floating in his $7 Million luxuty yacht while the nation was sinking around him.

The confederacy is gone, and so is your racist world, Redneck.

Posted by: clifton | Nov 23, 2008 9:11:21 AM

Finally a president who understands that if we're going to spend $10 Billion a month, it should be on building bridges and roads in AMERICA, not flushing it down the toilet in IRAQ.

Posted by: clifton | Nov 23, 2008 9:06:29 AM

WHEN YOU GO CHRISTMAS SHOPPING ,PICK UP AN ITEM SEE WHERE IT IS MADE ---AND TRY TO UNDERSTAND HOW MANY JOBS THAT ONE ITEM HAS COST OUR COUNTRY---THEN TRY TO FIND WHAT IS MADE IN THE USA---AT THIS POINT YOU MAY GET SOME IDEA AS TO WHY WE ARE IN THE SHAPE WE ARE IN.--MILLIONS OF JOBS GONE TO CHINA AND OTHER COUNTRIES, AND FOR NO OTHER REASON THAN TO MAKE THAT 5% OF US FILTHY RICH.

Posted by: rodney | Nov 23, 2008 8:49:56 AM

2.5 million new jobs---and freaking bush is traveling around the world promoting free trade----is he already lining up where to send the new jobs.---it is people like walmart that are ruining our country with chinese junk--and destroying out economy with a massive trade imbalance---and freaking bush wants more.unless we get trade and big oil under some kind of controll we will see our country get far worse than it is now---remember that when you spend your money in the import junkyards.

Posted by: rodney | Nov 23, 2008 8:39:54 AM

Stanley - 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. I know that the government getting involved in healthcare won't work, because it's the government's fault healthcare doesn't work today. The start of all of our healthcare issues started with the creation of Medicare. I can't get into all the details here, because there isn't enough space, but the short version is that everything people bash insurance companies for now - Medicare came up with those policies first & the insurance companies followed. You can't create longterm meaningful employment by taxing corporations out of existence. And the people of a nation who are dependent on their government for all of their "needs" becomes a nation of mediocrity - with little innovation and no gumption.

Posted by: ellsbells930 | Nov 23, 2008 8:11:56 AM

Obama has made a lot of promises to many groups. He got elected and needs to prove himself, there is no more voting "present". He now owns a majority in the Senate and Congress and they will rubber stamp his agenda for the first year. He has 2 years to turn things around or he'll get booted out in 4. Here's my prediction. The American public has a short memory and are fickle.. The media will only support him for so long and then they will begin printing the stories they should have printed and investigated prior to the election. The Clintons and their inside moles will leak information and wreak havoc to his administration. Biden will become Nostradamus and an international event will drag Obama down because he will have to take an unpopular position and commit our troops, troops will die and he'll be hounded by code pink and the far left. He'll want to tax and spend to creat jobs and then the Congress fearing their own re-elections will have to turn on him. The preasure will be mounting, his wife Micheal will go on Oprah and have a breakdown. Pass the popcorn this is going to be a fun 4 years to watch this trainreck!

Posted by: Redneck | Nov 23, 2008 6:52:20 AM

if you add to illegal guest workers million of legal H1 or H2 visas ...

Posted by: magda | Nov 23, 2008 1:38:48 AM

If 2.5 million jobs are added, but 2.5 million illegal immigrants who will work for much lower wages come over the border in these two years, then how is this a gain?

Posted by: OBAMANATION [uh-bom-uh-NEY-shuhn] | Nov 23, 2008 1:07:10 AM

Republicans are nation destroyers and Democrats are nation builders..Republicans focus on meddling in other country's business at the expense of America's development..Democrats have a stronger domestic policy and believes in investing at home for the economic development etc..Republicans always leave us with a big deficit and Democrats always have to clean up their mess...Bill Clinton left us with a surplus..Reagan, and Daddy Bush(left us with a deficit) and Baby Bush will leave us with a very big deficit. Republicans love war..Democrats love peace! Thank God we have gotten the rid of the Republicans in Government...now its time to build our country again. God bless America!

Posted by: Stanley | Nov 23, 2008 1:00:40 AM

I think the Dem's figured out that Hillary couldn't beat McCain, so they made a deal with Obama and Hillary.... Why so many former Clinton advisors on Obama's team? Why did Obama lie to everyone about not having Lobbist in the White House but it is OK to have Bundlers in the WH? Just the say way B.Clinton convince everyone that oral sex IS not sex.

Posted by: 55Mariposa | Nov 23, 2008 12:05:22 AM

Ok, I thank you mariposa for having a truly civil conversation. But I refuse to get into the fear crap, so I will say goodnight.

Posted by: AnaB | Nov 22, 2008 11:52:15 PM

In my opinion, they make way too damn much money! Posted by: AnaB
Yes I agree with you and maybe OUR Congress can understand WHY so many of us don't want OUR taxes going towards overpaid CEO'S, executives and UAW workers.

Posted by: lazy to think .....
"maybe" - that's the key word that tanks the Stock Market. Just this uncertainty of "maybe" that our Greatest Leader created. Because it is maybe, the Stock Market tanked 30% since our Greatest Leader is destined to LEAD.

Maybe, he would lead. Maybe, he does not know how and what to lead.

I think Obama is extremely smart and he has outwitted and out played everyone in the U.S. that fell for his "Change" and "Believe" crapp.

Posted by: 55Mariposa | Nov 22, 2008 11:35:17 PM

Lazy to think:

I'm sorry. I was going off his recent 20/20 interview where he said we need to bail them out with conditions.

Posted by: AnaB | Nov 22, 2008 11:23:26 PM

55Mariposa:

In my opinion, they make way too damn much money!

Posted by: AnaB | Nov 22, 2008 11:09:29 PM

AnaB,

You "believe". Do you know?

In response to a question if 0bama has provided guidance to the Senate on auto bailout, Senator Durbin replied "No, no!"

Posted by: lazy to think | Nov 22, 2008 11:07:22 PM

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