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Obama says he will stimulate the economy with two-year plan
Silicon Valley News.Net
Sunday 23rd November, 2008
US President-elect Barack Obama has told a radio and television audience that he is crafting an aggressive, two-year stimulus plan to revive the troubled economy.
Mr Obama said: 'If we don't act swiftly and boldly, most experts now believe that we could lose millions of jobs next year.'
In his weekly Democratic radio and video address he said: 'We now risk falling into a deflationary spiral that could increase our massive debt even further.'
He said his proposed plan would be big enough to meet the challenges of new job creation.
Obama said his plan would rebuild roads and bridges and modernize schools while developing alternative energy sources and more efficient cars.
Obama acknowledged that evidence is growing the country is 'facing an economic crisis of historic proportions.'
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Comments on this story
Mako
11-24-08, 03:58 AM |
Obama says he will stimulate the economy with two-year plan
Where is going to get the money to pay for those labor. Would the American work rebuilding the road,highway, bridges, schools. If he gotten the money for it,all the illegal Mexican will be getting the job because no American will take the job.Because they are the folks willing to do the job.This is the stimulus move that will help Mexico than the American worker or the tax payer of the country. The contractors is more willing to hire the illegal because the come to work because they are not lazy like the American laborer. I was wrong before and I do not think I am wrong now. Way back during the early part of America, China people worked in the constructions of the rail road of America for a very small fees.
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