President-elect Barack Obama has instructed his economic team to develop a plan to create 2.5 million jobs over the next two years, suggesting that he intends to push a more expensive package to stimulate the economy than he has so far proposed.
Speaking during the Democrats’ weekly radio address, Obama said that his team would work out the details of the package in the coming weeks but that he expects to present it to Congress in January and to sign it into law soon after taking office.
It will be a two-year nationwide effort to jumpstart job creation in America and lay the foundation for a strong and growing economy, Obama said. “We’ll put people back to work rebuilding our crumbling roads and bridges, modernizing schools that are failing our children, and building wind farms and solar panels,” as well as fuel-efficient cars.
Can I have one?
This sounds oddly familiar.
So how did it end last time?