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Home Front Economy
B.O. plans to create 2.5m jobs
2008-11-23
President-elect Barack Obama yesterday outlined his plan to create 2.5 million jobs in coming years to rebuild roads and bridges and modernise schools while developing alternative energy sources and more efficient cars.
Using which auto companies?
2.5 million jobs would be less than a 2% gain in employment today, given that we have about 145.5 million people employed in the previous quarter. We create more jobs than what he's proposing in a good year without any government intervention.
He'll take credit for the ones that would have happened anyway. This guy has 'public image over substance' down to an art.
Posted by:Fred

#19  With a bit of Huey Long share the wealth thrown in
Posted by: 3dc   2008-11-23 20:25  

#18  I'm a thinking he is up to:


version 2
No not the Rifle Association

Even if it takes a 13 person supreme court.
Posted by: 3dc   2008-11-23 16:01  

#17  Plan???? Plan????? We don't need no stinkin' plan. We have hope, and change, and love, and all kinds of float-in-the-air of goodness adjectives. Man, this political nitrous oxide is going to produce one hell of a hangover when the tank runs out of gas......
Posted by: Alaska Paul   2008-11-23 15:34  

#16  DoDo try: The Obama-Biden Plan
$500-700 billion figures have been aired.
Posted by: ed   2008-11-23 15:30  

#15  President-elect Barack Obama yesterday outlined his plan to create 2.5 million jobs in coming years to rebuild roads and bridges and modernise schools while developing alternative energy sources and more efficient cars.


I haven't been able to find any details, or even an outline, of a plan. Does anybody know where this plan has been posted?


Thanks
Posted by: DoDo   2008-11-23 15:06  

#14  My dad, a union member who actually LIVED THROUGH the Depression, also hated FDR. He told me that Roosevelt's policies made things worse, not better, when I was 12 years old - 1958. Dad had to support a family of 10 during the Depression, because my grandfather had a log wagon roll over him and left him bed-ridden for two years. He hated FDR and the Roosevelt Democrats. I don't know how he voted, but I'm sure there were times when he didn't vote for the Democratic office seaker.

Roosevelt forcefully unionized all the railroads in 1943, "because of the war". They're still unionized today, and the "war"s been over for 60+ years. Roosevelt the Socialist. I do expect OBambi to follow in his footsteps, just not last anywhere near as long.
Posted by: Old Patriot   2008-11-23 14:23  

#13  And if it happens, the media will laud him and his policies for it, much unlike they ever did for the millions of jobs created during the Bush administration.
Posted by: eltoroverde   2008-11-23 13:44  

#12  Earl Warren was a close second to FDR in the despised catagory in my fathers house.
Posted by: bman   2008-11-23 11:46  

#11  Why not have the government create a job for everyone? Then we can have nice soviet-style economy - we pretend to work, you pretend to pay us.
Posted by: SteveS   2008-11-23 11:29  

#10  So the new Obama Revolutionary Guard Civilian Security Force will have 2.5 million draftees members.
Posted by: DMFD   2008-11-23 10:40  

#9  [who will buy my pretty spam?]
Posted by: Victor Emmanuel Angolurt6971   2008-11-23 09:55  

#8  2.5 million new tax collectors?
Posted by: Hellfish   2008-11-23 09:35  

#7  Easy - more bureaucracy. Paper pushers who occupy a desk and do not create wealth but consume it, let alone make endless regulations out of fantasy that inhibit wealth creation.
Posted by: Procopius2k   2008-11-23 09:17  

#6  I got taught that FDRs government largesse fixed the depression rather than the truth that FDR made the 1930s recession into a depression.
Posted by Bright Pebbles

Not so at our house. As a kid I was certain my father had some type of mental condition regarding FDR. His dislike for the man was, well lets just say vehement, like none other. Author Amity Shlaes' new book The Forgotten Man pretty much vindicates my father's view on FDR. History has been re-written on a few other as well.


Posted by: Besoeker   2008-11-23 08:31  

#5  outlined his plan to create 2.5 million jobs in coming years

I can see Mexicans queueing at the border.
Posted by: g(r)omgoru   2008-11-23 07:40  

#4  FDR2 is making his second great depression.

Watch the media cover for him, like they did for FDR.

I got taught that FDRs government largesse fixed the depression rather than the truth that FDR made the 1930s recession into a depression.
Posted by: Bright Pebbles   2008-11-23 06:08  

#3  obama jobs Pictures, Images and Photos
Posted by: gorb   2008-11-23 05:38  

#2  Yes. Another New Deal on the way. 'Creating' jobs by taking the peoples money on giving it to someone else.

He's not planning this because he thinks its good for the economy.
Posted by: Mike N.   2008-11-23 01:03  

#1  We create more jobs than what he's proposing in a good year without any government intervention.

But, those are real jobs, not phony-baloney gummint make work jobs...
Posted by: M. Murcek   2008-11-23 01:02  

00:00