| Home
Obama wants 2.5 million new jobs created by 2011
Australian News.Net Saturday 22nd November, 2008
U.S. President-elect Barack Obama says he has directed his economic team to develop a plan to create 2.5 million jobs by January of 2011.
In Saturday's Democratic radio address, Mr. Obama said details of his economic recovery plan are still being worked out, but he promised to sign it soon after taking office on January 20.
The incoming president says the two-year action plan will lay the foundation for a strong and growing economy and put people back to work rebuilding roads, modernizing schools, and developing new energy technologies.
U.S. media report Mr. Obama will announce his economic team on Monday.
News agencies say Mr. Obama will nominate Timothy Geithner, head of the Federal Reserve Bank of New York, to be his treasury secretary.
Geithner is one of the top central bank officials who set U.S. interest rate policy and made other decisions aimed at keeping inflation and unemployment in check.
Meanwhile, the office of former presidential candidate Hillary Clinton has denied reports that she has decided to give up her Senate seat and accept the position of secretary of state. But a spokesman said talks with the Obama transition team are on track.
Email this story to a friend
Comments on this story
;) Midnight 11-22-08, 03:46 PM |
Obama wants 2.5 million new jobs created by 2011
Ha Ha Ha you HO HO HO want.
|
kubara 11-23-08, 01:03 AM |
Idea of New President of America is appreciated. It is hoped that the first step he should consider to deploy people in the project of PREVENTION OF FIRE HEZARD areas. World is watching every year buring America and its nebouring states.
|
waltky 11-23-08, 02:03 AM |
Obama as FDR?...
:confused:
Obama could be another FDR
November 7, 2008 — Zakaria says Obama has a chance to realign the political landscape; He thinks most Americans see their government as predatory and corrupt; Obama must lead a bipartisan fight to fight this corruption, he says; Zakaria thinks Obama has the ability and challenges to be another FDR
]
In his victory over John McCain in the U.S. presidential election Tuesday, Barack Obama snared about 65 million votes to McCain’s 57 million. According to exit polls, Obama crushed McCain among women voters (56 percent to 43 percent); voters under 30 (66 percent to 32 percent); African-American voters (95 percent to 4 percent); Latino voters (66 percent to 32 percent); first-time voters (68 percent to 31 percent); and voters making less than $100,000 a year (55 percent to 43 percent).
“I think this is the passing of an old order," CNN senior political analyst David Gergen said as the results rolled in Tuesday night and the outcome became increasingly evident.
“I think what we see ... is a new coalition, a new order emerging. It isn’t quite there, but with Barack Obama, for the first time, it’s won. It is the Latino vote, it is the bigger black vote that came out. Very importantly, it’s the youth vote, the 18- to 29-year-old," said the Harvard University professor and former presidential adviser. CNN spoke to world affairs expert and author Fareed Zakaria about the Obama victory.
[url=http://edition.cnn.com/2008/WORLD/americas/11/07/zakaria.electionresults/index.html: MORE[/url]
|
Have your say on this story
|
 |
 |
- Don't want to see John with an England jumper on, says Ponting
London, July 3 (IANS) With just five days left for the Ashes, Australian captain Ricky Ponting again made it clear that he is not happy with John Buchanan's decision to join the England and Wales Cricket Board (ECB) as an adviser. [read story]
- Tom Cruise buys daughter Suri 'kangaroo' in Melbourne
Washington, July 3 : Hollywood actor Tom Cruise bought his daughter Suri a toy kangaroo after she fell in love with marsupials during a trip to Melbourne Zoo in Australia, it has emerged. [read story]
- Women deluging Oz town yearning for Nicole Kidman's 'fertility water'
London, July 3 : Tourists have been flocking to an Australian town ever since Hollywood actress Nicole Kidman has revealed that she got pregnant after swimming in a nearby waterfall. [read story]
- 'Best Job in the World' winner misspells island's name in Twitter post
Melbourne, July 3 : Ben Southhall had a rather wayward first day of his 'Best job in the World', when he misspelt the name of the island he was on while writing on his blog. [read story]
- Oz brothels put on more staff to serve US naval officers
Melbourne, July 3 : Brothels in Australian city of Perth are putting on more staff to deal with the arrival of two US warships, carrying more than 5400 sailors. [read story]
|
|
 |
 |
|
|