Friday, November 28, 2008

The Obama economic team is in place—now what?

President-elect Obama has named key members of his economic team. Now they have the task of administering a two year plan that is designed to create 2.5 million new jobs. At the center of the plan is fixing the nation’s infrastructure including roads and schools as well as alternative energy initiatives. The new Treasury secretary, Timothy Geithner, will also oversee dispersal of the rest of the $700 billion financial rescue package. Congress says it will work to have a huge economic stimulus package on the President-elect’s desk by the time he is sworn in as President. The details of this package have yet to be revealed.

No comments: