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Obama promises recovery plan as job losses mount

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13 Comments

  • rajakumar at 09:52 AM JST - 7th December

    Way to go President Obama. These are good new directions for USA improvements and economic recovery.

  • Sarge at 10:42 AM JST - 7th December

    "job-creating public works plan"

    This wll create government jobs that will cost the taxpayers, not private sector jobs which would create revenue.

    "Obama also said he wants to install energy-saving lightbulbs"

    How about drilling for oil?

  • adaydream at 11:01 AM JST - 7th December

    Yeah Barack Obama can do nothing that will help this contry's economy. He's the problem.

    It's those damn liberal politics that got us here.

    It's those democratic tax and sp;end policies that got our economy in the hole.

    We have 6.7% unemployment and it's expected that it could reach 10% before it get's over. But let's complain how Barack Obama can do no right. Let's complain because he wants to do something besides send jobs overseas and start wars.

    We need a recovery plan to get us out of this recession, but we only have one president at a time. We know what the current president has done to this economy, but let's bitch because there might be a plan to get things turned around.

    Tell me more Sarge. < :-)

  • Sarge at 11:16 AM JST - 7th December

    adaydream - Deep down you know I'm right.

  • tclh at 11:24 AM JST - 7th December

    I always support the idea of investment in building a country's infrastructure. I wish my government (Rudd) will do the same as Obama instead of throwing >10 bn aud into people pockets and tell them to spend.

  • borscht at 12:26 PM JST - 7th December

    Sarge, Obama is going to be your commander-in-chief yet you bad mouth him already? I believe you told others on this board that the CIC can do no wrong.

    On topic, since the present president's idea is to tax and spend and give money away (mostly to his friends, not the working people), Obama's plan, backed by several very conservative types, is going to put more people (working people, not just investment bankers) to work. And drill for oil? Even one of the most conservative business people in the universe wants the US off foreign oil (and oil) by investing in alternative sources.

  • Asara at 01:51 PM JST - 7th December

    At the most fundamental basis it is proven phenomenon that any sophisticated african americans are kind of ethnically processed through racism in usa so they have certain unique wisdom genes that calms down everybody around when rewarded with power. Those 3 debates were clear background picture of what is coming soon. Wisdom gene is good after all.

  • Helter_Skelter at 04:51 PM JST - 7th December

    it is proven phenomenon that any sophisticated african americans are kind of ethnically processed through racism in usa so they have certain unique wisdom genes that calms down everybody around when rewarded with power

    Uh, perhaps you can site a source for this phenomenon. I googled "wisdom genes" and "African Americans" but came up blank.

  • TooFarGone at 04:54 PM JST - 7th December

    European pols and bureaucrats dream of 6.7 unemployment.

  • sailwind at 05:01 PM JST - 7th December

    Somebody please tell the economy it can quit campaigning for Obama now!

    WASHINGTON—Nearly a month after Barack Obama was elected the 44th president of the United States, the nation's economy is still going strong in its efforts to secure him the highest office in the land. Through its trifecta of moribund housing prices, a wildly fluctuating stock market, and an unprecedented credit crisis, the U.S. economy helped propel Obama past rival John McCain in polls leading up to the Nov. 4 election—a helpful boost the nation's financial system has since supplemented with the imminent collapse of the Big Three auto manufacturers and looming fears of a long-term depression. "Thanks to the disastrous efforts of our economy, Obama would be virtually unbeatable were he to run again in December or January," CNN political analyst Pat Harris said. "According to the most recent data, Obama's edge continues to grow among those who just lost their jobs and have no idea how they're going to feed their children, as well as among citizens who are freezing to death on the streets at this very moment."

    http://www.theonion.com/content/newsbriefs/useconomycontinues

  • adaydream at 05:05 PM JST - 7th December

    Forecast - The unemployment rate will be 7.0% January 2, 2009. < :-)

  • MarieDevine at 08:18 AM JST - 8th December

    To create more jobs and infrastructure would keep us going the wrong way and continue the lifestyle where we are polluting our air, land, water, food and our bodies. It continues a stress-filled lifestyle of inequality and unsustainability.

    The goal in life is not employment; it is a retirement lifestyle where our time is our own to create a garden paradise where trees, plants and animals give fresh food for healthy bodies. This strategy would be fair and sustainable development. It would solve the world problems we created all at the same time including pollution, global warming, energy crisis, financial crisis, food crisis, war, immigration, disease and high health care costs, crime and social security insecurities and inefficiencies. The way is prepared before us. We cannot bail out the US economy; each sector is tied throughout the whole economy and the world economy. Industries like the auto, airline, railroad, tourism, education system etc. We are going the wrong way and things will not get better until we turn to the simple lifestyle of true freedom and peace.

  • borscht at 08:43 AM JST - 8th December

    MarieDevine, Thought-provoking post. It would take a gigantic change in thinking for most people. How would you go about promoting this better lifestyle?

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