On Monday, an announce make from the Obama Administration about the Stimulus Package. The plans adhered to speeding up the productivity of the package that has been progressing fairly slowly thus far.
The majority of the boosts for the package hope to be seen within the next one hundred days. The money is expected to be used on numerous projects and programs. Some of the programs are focused on summer youth jobs.
President Barack Obama said, “We have a long way to go on our road to recovery but we are going the right way…We will not grow complacent or rest. Surely and steadily, we will turn this economy around.”
Unemployment currently sits at 9.4 percent, which is the highest in the last 25 years. The economy is slowly improving, but not at a fat enough rate to protect some jobs.
The Stimulus Package, which intends to create and protect over three million jobs, has already produced and saved 150,000 jobs according to the Obama Administration.
Furthermore, with the intended increased spending over the following one hundred days, the Obama Administration expects that another 600,000 jobs will be salvaged and created.
Vice President Joe Biden has confidence in the plan. On Monday he exclaimed “We’re going to get more dollars out the door, more shovels into the ground and more money into the pockets of workers and families who need it most.”
As Obama and his administration have produced as promised on all of their other goals, another success for the people of the United States can be expected.