Saturday, January 10, 2009

Obama: 90 percent of stimulus jobs from private sector

In his weekly address, President-elect Barack Obama sought to deflect criticism that his economic stimulus plan would over-inflate the public sector.

Obama said that 90 percent of the jobs created or saved by his economic package would come from the private sector.

“The jobs we create will be in businesses large and small across a wide range of industries,” Mr. Obama said. “And they’ll be the kind of jobs that don’t just put people to work in the short term, but position our economy to lead the world in the long-term.”

The Obama plan aims at creating 3.7 million new jobs -- a figure that has grown from the one million jobs promised during the campaign.


Obama Says Stimulus Will Redound to Private Sector
Washington Post - 1 hour ago
By Michael A. Fletcher President-elect Barack Obama, seeking to quiet concerns that his economic stimulus package would lead to an unsustainable expansion of the public workforce, said today that 90 percent of the 3 to 4 million jobs created or saved ...
Video: Obama Pieces Together Economic Plan AssociatedPress


Obama team boosts jobs estimate to 3.7 million USA Today

3 comments:

Anonymous said...

This is an emergency-plan, a first aid. But unless the cause of the problem, the rule of a few people in great corporations (greed) is solved, the problems in economy will once again return.

The idea of a "free market" run by a few is in my eyes a disaster.

Anonymous said...

Obama's plan can be a realistic remedy for the presen ailing of the US economy. Here you American and world community should know that I have presented a SEMFO Economic Plan to combat such situation. Let me see if USA or other global leaders/stakeholders avail my SEMFO Plan (www.saeedabasi.blogspot.com. I assure you and all international community that the present worst situation can be confronted but IF YOU IMPLEMENT MY SEMFO PLAN.

SAEED KHAN ABBASI (Blogger, Conventional and New Media and Lobbying Expert said...

Mr.Obama's plan can be a realistic remedy for the present ailing US economy. Here you American and world community should know that I have presented a SEMFO Economic Plan to combat such situation. Let me see if USA or other global leaders/stakeholders avail my SEMFO Plan (www.saeedabasi.blogspot.com. I assure you and all international community that the present worst situation can be confronted but IF YOU IMPLEMENT MY SEMFO PLAN.In the same time I support the Obama-Biden economic plan.

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