President Obama: Job Creation and Economic Growth

[democracy1st]

Run time: 28:18 https://www.youtube.com/watch?v=SGDrA2FiN74   Posted on YouTube: December 08, 2009 By YouTube Member: Views on YouTube: 0   Posted on DU: December 09, 2009 By DU Member: democracy1st Views on DU: 466

 
President Obama outlines the steps his Administration has taken to stimulate economic growth and plans to create new American jobs in remarks to the Brookings Institution in Washington, DC. December 8, 2009. (Public Domain)

Obama proposes $210 billion for new jobs
Ten year plan focuses on construction, environmental employment

WASHINGTON - Democrat Barack Obama said Wednesday that as president he would spend $210 billion to create jobs in construction and environmental industries, as he tried to win over economically struggling voters.

Obama's investment would be over 10 years as part of two programs. The larger is $150 billion to create 5 million so-called "green collar" jobs to develop more environmentally friendly energy sources.

Sixty billion would go to a National Infrastructure Reinvestment Bank to rebuild highways, bridges, airports and other public projects. Obama estimated that could generate nearly 2 million jobs, many of them in the construction industry that's been hit by the housing crisis.

"This agenda is paid for," Obama said as the Republican National Committee promoted an "Obama Spend-O-Meter" online to track his proposals and portray him as a tax-and-spend liberal. Obama explained that the money for his spending proposals will come from ending the Iraq war, cutting tax breaks for corporations, taxing carbon pollution and raising taxes on high income earners.

http://www.msnbc.msn.com/id/23148959/

[ProgressOnTheMove]

1. We might not have everything but the jobs are coming back and any health bill can be worked on once

the corporate congress people have been voted out their seats. It is all going in a lot more positive direction even when it seems a lot more hopeless than it is. The main factor is more and more people are getting it and the old ways in DC will eventually change.