Obama announces plans to create more jobs, invest in infrastructure

  • 12/15/2022
  • 18:04
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Washington, Dec 6, SPA -- US president-elect Barack Obama on Saturdayannounced parts of his economic recovery plan aimed at saving orcreating 2.5 million jobs through investments in infrastructure andtechnology, reported dpa. In his weekly radio address, Obama reflected on news Friday thatmore jobs had been lost in November than in any month since 1974 andstressed that the United States will be able to weather the economiccrisis. "But we need action - and action now," Obama said. "That is why Ihave asked my economic team to develop an economic recovery plan forboth Wall Street and Main Street that will help save or create atleast two and a half million jobs, while rebuilding ourinfrastructure, improving our schools, reducing our dependence onoil, and saving billions of dollars." He said his administration will create jobs by undertaking alarge-scale effort to make government buildings more energy efficientwith new heating systems and light bulbs, giving money to states toupgrade their infrastructure, modernizing school buildings, boostingbroadband internet deployment, and improving technology in doctors'offices. Obama is to take over the White House from President George W Bushon January 20.--SPA www.spa.gov.sa/614330

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