President Barack Obama

As the economic news goes from bad to disastrous, and the lame-duck President Bush becoming increasingly irrelevant, the world is already turning to President-elect Barack Obama to lead America out of the worst financial crisis since the Great Depression, which he plans to do in part by creating 2.5 million jobs through a major public works program that includes rebuilding roads and bridges and modernizing schools while developing alternative energy sources and more efficient automobiles.

President-elect Barack Obama said, “These aren’t just steps to pull ourselves out of this immediate crisis. These are the long-term investments in our economic future that have been ignored for far too long.”

Obama’s objective is to steer his infrastructure investment plan rapidly through Congress, facilitated by assistance from both political parties, after Barack Obama is inaugurated as the nation’s 44th president on January 20, 2009. In his radio broadcast, Obama indicated that he sees 2.5 million new jobs added by 2011 if his plan is adopted. With the U.S. economy shedding jobs at an alarming rate, it is clear that a jobs creation program is a top priority for the incoming Obama administration.