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Obama Promises 600K Stimulus Jobs

Public works, schools, summer youth programs to see US cash

By the Associated Press

Posted Jun 8, 2009 7:49 AM CDT

(AP) – President Barack Obama promised today to deliver more than 600,000 jobs through his $787 billion stimulus plan this summer, with federal agencies pumping billions into public works projects, schools, and summer youth programs. Obama is ramping up his stimulus program this week, promising an accelerated pace of federal spending over the next few months to boost the economy and produce jobs.

The announcement comes even as his advisers are downplaying expectations about when the spending plan will stem the nation's rising unemployment. Many of the stimulus plans that Obama announced today already were in the works, including hundreds of maintenance projects at military bases, about 1,600 state road and airport improvements, and federal money budgeted for 135,000 school staff.

President Barack Obama returns to the White House following a trip to Normandy, Sunday, June 7, 2009.
President Barack Obama returns to the White House following a trip to Normandy, Sunday, June 7, 2009.   (J. Scott Applewhite)
President Barack Obama returns to the White House following a trip to Normandy Sunday, June 7, 2009, in Washington.
President Barack Obama returns to the White House following a trip to Normandy Sunday, June 7, 2009, in Washington.   (AP Photo/J. Scott Applewhite)
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We have a long way to go on our road to recovery but we are going the right way. - President Obama

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COMMENTS
Showing 3 of 10 comments
kokuaguy
Jun 9, 2009 6:39 AM CDT
Sorry, that was Stephen Colbert.
Snowleopard
Jun 9, 2009 3:00 AM CDT
newsman - can you please explain how a stimulus package would result in the loss of jobs? ....and keep in mind that correlation doesn't mean cause and effect, and that most economists calling for the stimulus did not believe that the final version of the bill was large enough to counter the speed and size of the predicted market contraction.
MarkFL
Jun 8, 2009 9:10 AM CDT
Clarke, Maybe if you post one more message you will make yourself sound like less of a windbag.

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