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What companies are positioned to take advantage of the "newest deal?"
Flour comes to mind.
Obama Provides Details of His Plan to Create 2.5 Million Jobs
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By Hans Nichols
Dec. 6 (Bloomberg) -- President-elect Barack Obama promised to make the “single largest new investment,” in America’s roads, require public buildings to be more energy-efficient, and to modernize health care with electronic medical records.
Using his weekly radio address to unveil five components of his plan to save or create 2.5 million jobs, Obama pledged that he would not “do it the old Washington way.”
“We won’t just throw money at the problem,” he said. “We’ll measure progress by the reforms we make and the results we achieve -- by the jobs we create, by the energy we save, by whether America is more competitive in the world.”
The incoming 44th president opened his address by saying that yesterday’s Labor Department report of 533,000 lost jobs in November was “another painful reminder of the serious economic challenge our country is facing.”
The economic slowdown has been exacerbated by the worst credit crisis in seven decades and is compounded by potential collapse of the U.S. auto industry. Congress will return next week to decide whether to rescue the Big Three car companies.
In addition to investing in infrastructure, requiring energy standards on public buildings and updating health-care practices, Obama said that he will launch a “sweeping effort to modernize and upgrade school buildings,” and will boost broadband deployment across America.
Passing Plan ‘Immediately’
Flour comes to mind.
Obama Provides Details of His Plan to Create 2.5 Million Jobs
Email | Print | A A A
By Hans Nichols
Dec. 6 (Bloomberg) -- President-elect Barack Obama promised to make the “single largest new investment,” in America’s roads, require public buildings to be more energy-efficient, and to modernize health care with electronic medical records.
Using his weekly radio address to unveil five components of his plan to save or create 2.5 million jobs, Obama pledged that he would not “do it the old Washington way.”
“We won’t just throw money at the problem,” he said. “We’ll measure progress by the reforms we make and the results we achieve -- by the jobs we create, by the energy we save, by whether America is more competitive in the world.”
The incoming 44th president opened his address by saying that yesterday’s Labor Department report of 533,000 lost jobs in November was “another painful reminder of the serious economic challenge our country is facing.”
The economic slowdown has been exacerbated by the worst credit crisis in seven decades and is compounded by potential collapse of the U.S. auto industry. Congress will return next week to decide whether to rescue the Big Three car companies.
In addition to investing in infrastructure, requiring energy standards on public buildings and updating health-care practices, Obama said that he will launch a “sweeping effort to modernize and upgrade school buildings,” and will boost broadband deployment across America.
Passing Plan ‘Immediately’
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