Road to Recovery – 600,000 Jobs to be Added
Road to Recovery
According to an entry in the White House blog, by the end of the summer, 600,000 new (government) jobs are to be created, or saved, through the so-called “Road to Recovery“. The Road to Recovery will focus on 10 major projects that;
will keep more teachers in the classroom, put more cops on our streets, and give more people access to health care over the next 100 days.
Unfortunately, this will not offset the 1.6 million jobs that have been lost since the start of the crisis last year.
Obama, however, remains optimistic. “We have a long way to go on our road to recovery but we are going the right way,” Obama will say, according to a statement prepared for his announcement.
The 10 projects that will be funded with part of the $787 billion package can be reviewed in detail at:
http://www.whitehouse.gov/recovery/roadmap/
Unlike the previous administration, the White House seems to very transparent on this issue, stating:
“When you signed the Recovery Act, you promised that, “Once the money starts to go out you’ll be able to see how, when and where it is spent.” The information included here is only a down payment on that promise. We are working with the Recovery Accountability and Transparency Board to help them get the data they need to make Recovery.gov even better than it is today. We share with the Board the goals of transparency, accountability and timeliness of providing detailed information to the American people.”
China on the Rise
On a semi-unrelated note, it is estimated that the Beijing Olympics created 600,000 jobs every year from 2001-2008, according to a government official.
Liu Jingmin, vice mayor of Beijing and executive vice president of the BOCOG, said at a press briefing that Beijing has benefited from preparations for the Games, which opened on August 8, 2008.
In the past five years, Liu said, the annual increase of gross domestic product (GDP) in Beijing reached 12.1 percent averagely, with the amount last year at 770 billion yuan (US$102.7 billion) and the per capita figure at US$6,300.
Beijing also saw 3.9 million overseas tourist arrivals in 2006, one million more than that in 2001, Liu said. At the same time, the Olympics helped Beijing improve its urban planning and better transport networks, he said.
Maybe the United States should be focusing on more activities, such as the Olympics to boost our economy and international image.
Who wants one?
Sweet more people working for the government. Exactly what we need….?
Sweet more people working for the government. Exactly what we need….?