08 December 2009

Obama Urges Stimulus, Jobs Spending

Today Obama announced a way to reduce unemployment. He stated, "We must spend our way out of this recession." More than 7 million people have lost our job since the recession started since two years ago. Some of Obama's proposal new spending for highway and bridge construction, for small business tax cuts and for retrofitting millions of homes to make them more energy-efficient. He said he wanted to extend economic stimulus programs to keep unemployment insurance from expiring for millions of out-of-work Americans and to help laid-off workers keep their health insurance. He proposed an additional $250 apiece in stimulus spending for seniors and veterans and aid to state and local governments to discourage them from laying off teachers, police officers and firefighters.


I think Obama has the right intentions on getting our economy stronger, but spending more money is not what we need.



http://www.myfoxphoenix.com/dpp/money/job_news/obama_urges_stimulus%2C_jobs_spending_



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