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Obama Speaks About His Plan To Revive The Economy

As we all know there are tough challenges ahead for President-Elect Barack Obama with the US currently in a recession and there is only one question on the minds of every American - how will our economy recover?

On Saturday Barack Obama laid out a plan to help bring back jobs to the average American after the government reported that employers cut 533,000 jobs in November. He states that he wants to revive the economy through a job-creating public works plan on a scale unseen since the building program of the interstate highway system in the 1950s.

 

“We won’t just throw money at the problem,” Obama 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.”

Obama stated that his plan would employ millions of people by “making the single largest new investment in our national infrastructure since the creation of the federal highway system in the 1950s.” He also said that state officials would lose the federal dollars if they did not quickly use the money to repair highways and bridges.

In addition he wants to install energy-saving light bulbs and replace old heating systems in federal buildings to cut costs and create jobs.

Obama also has his eye on school buildings and their critical need to be upgraded. “Because to help our children compete in a 21st century economy, we need to send them to 21st century schools,” Obama said.

Along with the important task to upgrade schools, Obama said he wants to expand broadband Internet access in communities. “Here, in the country that invented the Internet, every child should have the chance to get online,” he said.

Hospitals also should be connected to each through the Internet. He said he wanted to ensure the facilities were using the latest technology and electronic medical records.

Obama will announce more details of the economic recovery plan in the coming weeks.

 

 

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