Obama's Large-Scale Public Works Plan
President-elect Barack Obama promised Saturday to create the largest public works program since the construction of the interstate highway system in the 1950s to provide 2.5 million jobs and resuscitate the suffering economy.
With unemployment numbers climbing and the recession deepening, Obama highlighted elements of the economic recovery program he and Congressional leaders are trying to form in hopes of being able to enact the plan - which could cost up to $700 billion - shortly after being sworn in on Jan. 20, according to the New York Times. The address followed a report on Friday saying that the country lost 533,000 jobs in November alone, bringing the total number of jobs lost over the past year to nearly 2 million.
The plan showcased Obama's determination to expand the definition of traditional work programs for the middle class, and includes massive investments in roads and other infrastructure programs reminiscent of President Eisenhower's highway program, according to the Los Angeles Times. That program ended up employing millions of people and costing tens of billions of dollars.
If enacted, Obama’s plan would cover a range of programs to expand broadband Internet access, to make government buildings more energy efficient, to improve information technology at hospitals and doctors’ offices, and to upgrade computers in schools.