Obama proposes $210 billion for new jobs

[ProSense]

Obama proposes $210 billion for new jobs

By NEDRA PICKLER, Associated Press Writer

JANESVILLE, Wis. - Democrat Barack Obama said Wednesday that as president he would spend $210 billion to create jobs in construction and environmental industries, as he tried to win over economically struggling voters.

Obama's investment would be over 10 years as part of two programs. The larger is $150 billion to create 5 million so-called "green collar" jobs to develop more environmentally friendly energy sources.

Sixty billion would go to a National Infrastructure Reinvestment Bank to rebuild highways, bridges, airports and other public projects. Obama estimated that could generate nearly 2 million jobs, many of them in the construction industry that's been hit by the housing crisis.

"This agenda is paid for," Obama said as the Republican National Committee promoted an "Obama Spend-O-Meter" online to track his proposals and portray him as a tax-and-spend liberal. Obama explained that the money for his spending proposals will come from ending the Iraq war, cutting tax breaks for corporations, taxing carbon pollution and raising taxes on high income earners.

Obama, who has faced criticism that he doesn't have enough policy specifics, asked autoworkers at the General Motors plant in Janesville, Wis., to "bear with me" as his began a policy speech that he said would be unlike his typical rousing addresses to rallies. He read from a TelePrompTer in a cavernous training room, flanked by sparkling new vehicles and a large American flag.

"Today I want to take it down a notch," Obama said. "This is going to be a speech that's a little more detailed. It's going to be a little bit longer, not as many applause lines."

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[TechBear_Seattle]

1. And where would this money come from?

How and how quickly would it be made available?

Funny how campaign promises are never clear on such niggling little details.

[stahbrett]

3. it's funny how you didn't read the whole post - he mentions funding sources (eom)

[TechBear_Seattle]

10. Its NOT funny how many people think campaign promises are worth more than stale piss

Does he really expect us to believe that he will end the tax breaks of the very corporations that are funding his candidacy? What about the many programs that have been underfunded and cut to pay for Bush's Folly: shouldn't the money being spent in Iraq and Afghanistan go instead towards restoring those programs? Or perhaps be used to pay for reparations for our illegal and immoral invasion and occupation of two formerly sovereign nations?

I see a lot of pie-in-the-sky made with cloud pastry and imaginary apples. What America needs is bread-on-the-table.

[stahbrett]

11. 99% of his contributions are from individuals, not corporations

Got anything else?

[HiFructosePronSyrup]

12. It's funny how people try to change the topic...

when they just get pwn3d.

[K Gardner]

13. .....

:banghead:

[WilyWondr]

5. Cut off the war profiteers...

...and watch them die?

[Kaylee]

6. Did you read the entire article?

The answer to your question is answered.....

[quantass]

9. LOL -- Someone didn't read the article!!

THe specifics are in the article bro.

[TheDonkey]

20. Learn how to read before you start trashing him with stale anti-Obama slurs

[OzarkDem]

2. Jobs or corporate welfare?

[DS1]

4. It's all going towards pouring liquid gold down Dick Cheney's throat

:eyes:

[panader0]

7. Good! The war in Iraq costs 150 Billion a year or so

Answer to Techbear, that's one place to get the money. Plus, that 150 B goes right back into the economy. It's not like the "stimulus" package. Rescind the tax break on the rich: 2.3 TRILLION by 2017. That's a place to get the money for health care........

[nadinbrzezinski]

8. Ah dusting off Keynes

I am sure Friedman is doing loops in that grave of his... damn statist

:-)

[11 Bravo]

14. And that makes three. Thank you, and good night.

[The Backlash Cometh]

15. Ha, ha. I know a few conservative Republicans who are having

heart pains right now.

[Political Heretic]

16. Pee dubya eh! Pee dubya eh! (or dubya pee eh! dubya pee eh!)

GO GO GO GO GO GO !!

[The Backlash Cometh]

17. Self-delete for duplication.

[Neshanic]

18. "his spending proposals will come from ending the Iraq war" so some comedy writers signed on?

That is the myth that his supporters cannot grasp. The war is not ending because of Him, McCain or Hillary.

[Freida5]

19. Tax and spend liberal