ehall
January 31st, 2009, 15:50
link (http://money.cnn.com/2009/01/30/news/economy/obama_week_two/?postversion=2009013111)
On Monday, Obama cited the tens of thousands of job cuts that companies had just announced, arguing that a stimulus bill with the aim of creating millions of jobs is needed immediately.
"Over the last few days, we've learned that Microsoft, Intel, United Airlines, Home Depot, Sprint Nextel and Caterpillar are each cutting thousands of jobs," Obama said. "We owe it to each of them and to every single American to act with a sense of urgency and common purpose."
can somebody please tell me what part of the spending bill is going to preserve the jobs at those companies. all I see is spending on government programs that may create government jobs down the road, ie a government stimulus instead of an economic stimulus
On Monday, Obama cited the tens of thousands of job cuts that companies had just announced, arguing that a stimulus bill with the aim of creating millions of jobs is needed immediately.
"Over the last few days, we've learned that Microsoft, Intel, United Airlines, Home Depot, Sprint Nextel and Caterpillar are each cutting thousands of jobs," Obama said. "We owe it to each of them and to every single American to act with a sense of urgency and common purpose."
can somebody please tell me what part of the spending bill is going to preserve the jobs at those companies. all I see is spending on government programs that may create government jobs down the road, ie a government stimulus instead of an economic stimulus