Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

ProSense

(116,464 posts)
Sat Jan 14, 2012, 12:49 AM Jan 2012

President Obama recently announced two major jobs initiatives.

We Can't Wait: President Obama Announces Nearly $4 Billion Investment in Energy Upgrades to Public and Private Buildings Upgrades Will Create Tens of Thousands of Jobs and Save Billions

WASHINGTON, DC – President Obama today announced nearly $4 billion in combined federal and private sector energy upgrades to buildings over the next 2 years. These investments will save billions in energy costs, promote energy independence, and, according to independent estimates, create tens of thousands of jobs in the hard-hit construction sector. The $4 billion investment announced today includes a $2 billion commitment, made through the issuance of a Presidential Memorandum, to energy upgrades of federal buildings using long term energy savings to pay for up-front costs, at no cost to taxpayers. In addition, 60 CEOs, mayors, university presidents, and labor leaders today committed to invest nearly $2 billion of private capital into energy efficiency projects; and to upgrade energy performance by a minimum of 20% by 2020 in 1.6 billion square feet of office, industrial, municipal, hospital, university, community college and school buildings. This announcement builds on a commitment made by 14 partners at the Clinton Global Initiative America meeting in June to make energy upgrades across 300 million square feet, and to invest $500 million in private sector financing in energy efficiency projects.

- more -

http://www.whitehouse.gov/the-press-office/2011/12/02/we-cant-wait-president-obama-announces-nearly-4-billion-investment-energ


We Can't Wait: The White House Announces Federal and Private Sector Commitments to Provide Employment Opportunities for Nearly 180,000 Youth

Today, the White House announced Summer Jobs+, a new call to action for businesses, non-profits, and government to work together to provide pathways to employment for low-income and disconnected youth in the summer of 2012. The President proposed $1.5 billion for high-impact summer jobs and year-round employment for low-income youth ages 16-24 in the American Jobs Act as part of the Pathways Back to Work fund. When Congress failed to act, the Federal government and private sector came together to commit to creating nearly 180,000 employment opportunities for low-income youth in the summer of 2012, with a goal of reaching 250,000 employment opportunities by the start of summer, at least 100,000 of which will be placements in paid jobs and internships. Today’s announcement is the latest in a series of executive actions the Obama Administration is taking to strengthen the economy and move the country forward because we can’t wait for Congress to act.

- more -

http://www.whitehouse.gov/the-press-office/2012/01/05/we-cant-wait-white-house-announces-federal-and-private-sector-commitment


16 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
President Obama recently announced two major jobs initiatives. (Original Post) ProSense Jan 2012 OP
K&R Number23 Jan 2012 #1
I am glad to see this nt Mojorabbit Jan 2012 #2
Yay for Ideas and fixes. boo for republicans calling Obama a Socialist MACARD Jan 2012 #3
It's a good start. JDPriestly Jan 2012 #4
Rather than brag hootinholler Jan 2012 #6
Well, ProSense Jan 2012 #12
I'm not seeing the relevance to my point. hootinholler Jan 2012 #13
With 25 million unemployed, dayum straight skippy FogerRox Jan 2012 #14
I'm outraged... ellisonz Jan 2012 #5
Energy Upgrades to Public and Private Buildings Upgrades? They'll outsource that to China. Zalatix Jan 2012 #7
Gotta love Fox news!!!!! JoePhilly Jan 2012 #8
Here: ProSense Jan 2012 #9
You see? All Capitalism needs to succeed is Billions in government funds. Yay Capitalism. txlibdem Jan 2012 #10
Yup, ProSense Jan 2012 #11
Annually 5% of GDP on infrastructure would be 750 billion FogerRox Jan 2012 #15
The ProSense Jan 2012 #16

JDPriestly

(57,936 posts)
4. It's a good start.
Sat Jan 14, 2012, 04:42 AM
Jan 2012

We have to get more Democrats into Congress.

And to do that, we have to be able to go out and talk to voters about why they need to vote for Democrats. That is the only way we can change anything in this country.

This kind of initiative gives us something to brag about even though it is not nearly enough.

hootinholler

(26,449 posts)
6. Rather than brag
Sat Jan 14, 2012, 11:26 AM
Jan 2012

We should point out that it's not enough and say we can do more with a majority.

I agree it is a good start.

hootinholler

(26,449 posts)
13. I'm not seeing the relevance to my point.
Sat Jan 14, 2012, 02:52 PM
Jan 2012


Other than sending people to your thread, what's you point? That we somehow need to become braggarts because your thread isn't getting enough attention?

txlibdem

(6,183 posts)
10. You see? All Capitalism needs to succeed is Billions in government funds. Yay Capitalism.
Sat Jan 14, 2012, 12:14 PM
Jan 2012

Please do not think of any other possible economic system. Think only of Capitalism and how we can help the big banks!

ProSense

(116,464 posts)
16. The
Sat Jan 14, 2012, 06:09 PM
Jan 2012

"Annually 5% of GDP on infrastructure would be 750 billion"

...infrastructure plan is to leverage $650 billion via this initial investment. Add Senator Lautenberg's plan.

Still, even with the initial infrastructure investment, these targeted proposals will have a huge impact.



Latest Discussions»General Discussion»President Obama recently ...