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Article posted on 09/07/10
Author: Christopher White



President Obama unveils $50 Billion Plan to Create Jobs

President Obama spent Labor Day in Milwaukee, Wisconsin speaking to a crowd of supporters about his continuing efforts to revive the struggling US economy. Obama unveiled an ambitious six-year, $50 billion plan that aims to create jobs by improving 150,000 miles of US roads, 4,000 miles of railroad tracks, and 150 miles of runways at the nation's airports.

"We used to have the best infrastructure in the world and we can have it again," Obama said. "We want to change the way Washington spends your tax dollars; we want to reform the way we fund and maintain our infrastructure to focus less on wasteful earmarks and outdated formulas, and we want competition and innovation that gives us the best bang for the buck."

The President also aimed a preemptive attack at Republicans, who will likely oppose the plan, by calling the party the "No we can't" party. Obama insinuated that Republican legislators have fought the Administration at every turn and that the economy would be in far better shape if they would pass legislation to help rebuild the economy.

The latest speech does little to deter the Republican Party from continuing their assault on the President. Although the Republicans are blamed for the financial crash and downturn of the economy, many GOP leaders actually wonder why a decade of abuse cannot be fixed in a couple of years.

Republican House minority leader John Boehner has called Obama's stimulus package a failure and says that recent bleak news concerning unemployment and home sales proves the administration's failure to keep their promise to fix the economy.




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