Barack Obama: Only Government Can Provide Boost

January 9th, 2009

Barack Obama: Only government can provide boost. Barack Obama wants support from lawmakers on a $775 billion plan to turn around America’s economy, he announced Thursday. The president-elect gave a televised 20-minute outline of his proposal in his first major speech since Election Night. He emphasized his feeling that a “wait and see” approach will no longer result in rejuvenating a nation devastated by failing banks, dying auto companies and epidemic home foreclosures. “It is true that we cannot depend on government alone to create jobs or long-term growth,” Obama said. ”But at this particular moment, only government can provide the short-term boost necessary to lift us from a recession this deep and severe.” Obama’s plan aims to save or create no less than 3 million jobs “over the next few years,” he said. While he acknowledged that the “cost of this plan will be considerable,” Obama urged the speedy passage of a stimulus bill. Among the targeted areas for assistance, he said, are public service jobs including police, fire and education.

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Comments

david Said on

I hope mr obama will get us a boost because the money I use to pay my big and beefy black men to use little white tush is used up!! Can anybody give me a freebee??



Siphiwo Said on

dude, you are out of line in these naive comments of yours. i am an obama fan and a believer in his policies……..am also a south african who loves his country regardless of who rules it.



BIG HARD ON Said on

DAM!! WHY DO YOU STILL HAVE THESE ASS HOLES ON BOTH SIDES STILL NOT WORKING TOGETHER !! DROP YOUR PRIDE SAVE THE AMERICAN PEOPLE!!



The real david Said on

Stop following me around and slandering my name you asshoIe.!!!



Joi Said on

A welfare check for white trash..?



jfffnn Said on

I also am a Obama supporter but don’t emdrace the concept of “only government can provide boost” Based on the magnitude of the situation I do understand the premise.However alot of the boost will have to come from the private sector.
For those who are calling this socialism or welfare state you need too realize this is pumping much needed cash into the economy so people can spend which inturn boost demand and manufactoring.What is also needed is a fair trade agreement and a limit on imports so products can be made and sold here.



Jessica Said on

it’s too expensive to be manufactoring here.
Anything that our president does
i support because i couldn’t be in his shoes right now to fix our country.
But as for the welfare i’ll support too.



jfffnn Said on

Jessica
I don’t disagree with you stating that it’s too exspensive too manufactor here,albeit in some cases because where I live there is still much manufactoring,even in union shops. I say there should be a temporary wage and price freeze on every and I do mean EVERYTHING.That way with a cash infusion people can by things and the demand will boost the need too supply with the help of decreases on imports.



SHANNLINWO Said on

WOW……LETS DO IT OBAMA/BIDEN…WHAT A TEAM!!!! GO DUDES!!!!



The real david Said on

Iam having a alterego conflict half of my brain is fighting !! I need two big men one half white and the other black as coal. Double duty for my booty!!



cecilenoe Said on

my dear friend obama barack ,well i would like to be inviting for the innauguration ,but you must calling in paris at this number 01133629171866 ,or e-mail me ,but the probleme like your staff do david plouff i can do any donation ,i’am not a usa citizen then all of you must contact me to invite me and fixe my visas probleme in paris.france. i love all of you sasha ,malia, michelle richarson and my king obama barack. well try to write me a letter at my home adress to 17 bis rue curial 75019 paris……….. for the hatred don’t call me or write me for no raison ok thanks. let’s my dear friend obama barack or bet do it. waiting theier message.



cecilenoe Said on

my dear friend obama barack israel keep continue to killing thousands and thousands civiliens innocent children and women aduld for no raison. them why israel don’t want to stop, israel always do whatever hell they want even un asked them to stop ,stop but israel refused the cease fire that wrong. how many victim should die mr obama barack my dear friend before israel stop how many again should die. no israel .
question for israel why .even you talking about raffah the hamas throw tire roquette how many victim israel you get from this tirs roquette. and how many you ,israel killed since this conflict because the hamas doesn’t have missile or arm really serioux to fight. them stop to killing innocent for be elected in april .stop..israel where is egypte stand ,saoudia,libia, ect stand for hamas. because first even the international don’t like hamas but israel must understand they need to stop………….



Lemar Said on

Instead of bailing out these companies there should be a bailout for the American people. Give the people 50,000 for tax payers. This will boost the economy!!!!!!!!!!!!! Why NOT!!!!!!



Plastico Said on

Do obama say dat dey will give a boost to the welfare system ? The taxpayers have a job , and dont really need it that much . I cants work cuz i gots 6 little kids at home to take care of . and there daddy either split or doin time . Obama all day .



Araccot Said on

This plan will work… it is pricey; however, if you take a look at what’s been spent on the war in Iraq this amount is nothing. Welfare benefits have nothing to do with his plan. PRESIDENT Obama is trying to get more money circulating which raises the value of the US dollar and brings us closer to being out of the recession.
. . .
We do have to count on the government to produce the paper money for us if this is approved; after all it’s not going to be harvested from trees.





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