Barack Obama calls for bold stimulus program to create jobs and jumpstart the economy

President-elect Barack Obama annouced Saturday that he had begun work on a bold, two-year economic stimulus plan designed to create 2.5 million jobs by investing in public works programs to repair the country’s failing infrastructure, its failing schools and in alternative energy programs.

“We’ll be working out the details in the weeks ahead, but it will be a two-year, nationwide effort to jumpstart job creation in America and lay the foundation for a strong and growing economy," he said. "We’ll put people back to work rebuilding our crumbling roads and bridges, modernizing schools that are failing our children, and building wind farms and solar panels, fuel-efficient cars and the alternative energy technologies that can free us from our dependence on foreign oil and keep our economy competitive in the years ahead.”