TPMDC

Obama To Announce New Stimulus Cash For Jobs Today

Spread the word. Share this article on Facebook!

Share

President Barack Obama

Share

Twitter Fark Reddit Send to a Friend

Send to a friend!

To email:    Your Name:    Your email:

A White House official tells TPMDC that President Obama today will speak about some new stimulus funds today when he addresses the latest jobs figures.

Obama will announce some new funding from the $787 billion economic stimulus plan will go to clean technology manufacturing jobs, the official said.

The funds will be awarded to deserving projects that will support tens of thousands of high quality clean energy jobs and the domestic manufacturing of advanced clean energy technologies including solar, wind and efficiency and energy management technologies," the official said.

Comments (39) | Join the Conversation!

Recommend Recommend (1)

January 8, 2010 8:35 AM   

Good gawd. Here we go again.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 8:53 AM    in reply to Silence

Leave it to a Republican to hate government plans to create more jobs. Typical anti-American, party before country Repub.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 9:10 AM    in reply to dswx

The govt does not create jobs.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 9:43 AM    in reply to Silence

Actually, it does.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 9:50 AM    in reply to Silence

Please elaborate, because this makes no sense as stated.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 10:06 AM    in reply to Seraph

The consumer creates jobs in the private sector. The taxpayer create jobs in the public sector. If the consumer/taxpayer are not interested in the products offered by either sector, for whatever reason, no jobs will be created.

Oh sure. The govt can create make-work. However, such jobs do not create wealth are therefore unsustainable.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 11:33 AM    in reply to Silence

Hmm. I'm still not sure I understand. It sounds like you're arguing that public works like military and police protection, roadbuilding, public schools, etc. are worthless because they don't turn a profit.

If that's not the case, if you want to argue that those are things that "the consumer" (i.e. the taxpayers, as represented by the government) is interested in, then clearly the same is true about developing new forms of energy production, since our current model is causing serious damage to our environment and entangling us in the troubles of a hostile region that would otherwise be of no interest to us.

And even if you're absolutely right about the unsustainability of the "make-work" jobs, they still serve a useful purpose by "priming the pump". People have a dependable paycheck for...what? A few years?...rather than the short-term subsistence of an Unemployment check. That will give them not just the cash but the confidence to start buying again, which creates demand, and "real" jobs further down the line. And when their "make-work" jobs end? At least they'll be entering a healthier job market with a good entry on their resume.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 6:07 PM    in reply to Seraph

They don't need to turn a profit. These are support functions for the private sector. The private sector creates the wealth.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 10, 2010 1:20 AM    in reply to Silence

My friend, if you can't see how developing new energy-production technologies benefits the private sector, you are sorely lacking in imagination.

I also note that you don't dispute what I said about "make-work" jobs still being useful in their own right.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 11:59 AM    in reply to Silence

Someone has problems with understanding some things about this economy.
All jobs related to defense are a result of government spending.
All jobs related to the internet are a result of government spending.
The automotive sector would be a shadow of its current self if it were not for the Interstate Highway system and other government road and highway projects.
Most basic scientific research in the USA is funded by government spending, which manufacturers in many sectors then use for advanced research and products.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 12:05 PM    in reply to Silence

Sounds like someone drank the kool-aid of some conservative psuedo-economics. Consumers demand the products/services that they demand and they pay for them, regardless of whether those products are supplied by the government or the private sector.

The more accurate thing to say is that demand creates supply, and not the other way around. So supply-side economics doesn'work.

However innovation can create demand by inventing things that truly make life easier. People demand the new invention because they can imagine life without it anymore. In that respect government can help to create jobs in the long run because government has and still does use its deep pockets to fund research and development while the targeted product is still not economically viable.

Politically however, it doesn't matter. If Obama says it will create jobs in the United States, then all politicians oppose it at their own peril. In this climate no one can afford to vote against a job.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 12:07 PM    in reply to Darrius

I meant to say "they can NOT imagine life without it anymore."

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 3:58 PM    in reply to Silence

I've got a couple of friends who are real, honest-to-goodness rocket scientists. They work for a private company that just happens to have a fat, sweet contract with the Department of Defense, so even though they are civilians (one of them is an Air Force veteran), they work at Redstone Arsenal in Alabama.

I would like for you to explain to the rest of the class how their "artificially created" jobs -- which are paid for by taxpayer-remitted funds -- have caused the destruction of what would no doubt otherwise be a pair of privately-funded and consumer-supported rocket scientist jobs.

'Cause, like, if *government* is paying the freight, then government *must* be screwing the honest, hardworking private rocket-scientist industry over, right? Because whenever government throws money at a business, it *has* to be screwing some other business over, right? You *did* say that on another thread, Champ.

I can hardly wait for your explanation, though I know I won't get one. Moron.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 9:01 AM   

Obama, the empty suit, the hollow sham, the latest Sammy Davis, Jr. Can he even dance? This country needs dynamic, aggressive, dominant leaders. Palin/Bachmann, 2012. Can't come soon enough.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 9:36 AM    in reply to Sailormarlowe

If you have no idea whether Obama can dance, then why compare him to Sammy Davis,Jr.? If you believe him to be a weak president, why not compare him to Carter? If a corrupt one, why not Nixon? Just what is the similarity you see between Obama and Sammy Davis, Jr.?

Seriously, you people complain about how every criticism of Obama is called racism, but you keep pulling shit like this.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 9:58 AM    in reply to Seraph

Now don't you realize that Sailormarlowe is the king of superlatives, the duke of adjectives, and the crown prince of comedy?

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 1:12 PM    in reply to CityGuy

I'm starting to think it's DD in drag...

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 9:32 AM   

It's not nearly enough, but when 40% of the senate consists of enemy combatants, it's what you can do...

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 10:04 AM   

I just hope these are jobs that are immediately available. Domestic jobs in the energy field are the way to long lasting safety and economic well being. However, people need jobs right now. Obama is doing the best he can with what he's got.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 10:22 AM    in reply to Andreams

For each job, artificially created by govt, at least one private sector, wealth producing, demand created job is lost.

Here's a little piece of advice.

If you are tearing down the basketball court on a fast break and you hear the spectators screaming, "You're going the wrong way!", it's best to put any dreams of glory on hold and take a few seconds to reassess your strategy.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 10:45 AM    in reply to Silence

I wouldn't call government demand jobs artificial because they are jobs none the less. It doesn't matter who wants something, if someone was to buy it, someone will make it.... sooner or later. Every job more than we have now is that much less in unemployment money that's spent. Supply & Demand. Demand up ≠ Demand down.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 10:51 AM    in reply to Silence

Yes, unless the spectators shouting "You're going the wrong way!" are in the opposing team's bleachers.

Regardless, please elaborate on this:

For each job, artificially created by govt, at least one private sector, wealth producing, demand created job is lost.

How does the one affect the other at all? If anything, I'd think that each new person with dependable money in their pocket would create new demand, which would create more jobs another step down the line.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 6:10 PM    in reply to Seraph

What is the real source of payment for the public employee?

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 10, 2010 1:32 AM    in reply to Silence

We the people, of course. We're hiring people to do a job for us - in this case, to develop new energy-production technologies. The "private sector" isn't going to do it, because it's going to take a lot of research, development and infrastructure construction before it can be used as a profitable product, and they'd rather use their existing money-earners instead.

I fail to see how creating a useful product that "the private sector" couldn't be arsed to do for themselves is destroying jobs.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 10, 2010 1:35 AM    in reply to Silence

We the people, of course. We're hiring people to do a job for us - in this case, to develop new energy-production technologies. The "private sector" isn't going to do it, because it's going to take a lot of research, development and infrastructure construction before it can be used as a profitable product, and they'd rather use their existing money-earners instead.

I fail to see how creating a useful product that "the private sector" couldn't be arsed to do for themselves is destroying jobs.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 10, 2010 1:37 AM    in reply to Silence

We the people, of course. We're hiring people to do a job for us - in this case, to develop new energy-production technologies. The "private sector" isn't going to do it, because it's going to take a lot of research, development and infrastructure construction before it can be used as a profitable product, and they'd rather use their existing money-earners instead.

I fail to see how creating a useful product that "the private sector" couldn't be arsed to do for themselves is destroying jobs.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 10, 2010 1:41 AM    in reply to Silence

We the people, of course. We're hiring people to do a job for us - in this case, to develop new energy-production technologies. The "private sector" isn't going to do it, because it's going to take a lot of research, development and infrastructure construction before it can be used as a profitable product, and they'd rather use their existing money-earners instead.

I fail to see how creating a useful product that "the private sector" couldn't be arsed to do for themselves is destroying jobs.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 10, 2010 1:47 AM    in reply to Seraph

Dammit. Sorry about the multiple responses. I was having troubl submitting comments.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 10:52 AM    in reply to Silence

HAHAHA...yes the private sector is responsible for job creation. Unfortunately now those jobs are only in other countries. When markets become monopolistic and uncompetetive the government needs to step in. When our corporations choose not to create jobs for American workers the government needs to step in.

Alan Greenspan: "I discovered a flaw in the model that I perceived is the critical functioning structure that defines how the world works. I had been going for 40 years with considerable evidence that it was working exceptionally well."

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 12:04 PM    in reply to Silence

For each job, artificially created by govt, at least one private sector, wealth producing, demand created job is lost.

Yeah, you really are just spouting off on subjects you don't understand.
Maybe you pulled that out of your ass, maybe someone else pulled it out of theirs and gave it to you to gobble up.

Regardless - you really don't know what you are talking about.
Whether you are an ignoramus, or a fool, I neither know nor care.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 12:17 PM    in reply to Silence

And this is what the country is fighting against. It is not enough for us to tell the truth. We have to fight this lie.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 4:02 PM    in reply to Silence

"For each job, artificially created by govt, at least one private sector, wealth producing, demand created job is lost."

So you are asserting that if the government did not pay my rocket scientist friends for the work they do (see post elsewhere in this topic), then private industry would step up to the plate and create two more privately-funded rocket scientist jobs that consumers would then support.

You must know some strange people if you think that Joe Average Taxpayer would be interested in going to Rocket Warehouse to do some shopping. And I'm not talking about fireworks, pal.

Man, you're stupid.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 5:38 PM    in reply to Signalman

Without taxpayers, there is no funding for govt projects. The first peoples of America, did not have a Federal govt with Federal projects to feed little federal dependents. Yet, they built homes and villages for themselves and fed their families. How was this possible?

My Gawd. You folks have been so indoctrinated that you are absolutely incapable of any independent thinking, whatsoever.

Yes. Yes. I know. It's time to call me names again because I won't follow along with 'the program'.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 9:31 PM    in reply to Silence

They built homes and villages for themselves and fed their families but I guarantee you that if you went into the woods and chopped down trees now to build your house, or planted a crop on someone else's property, your home would be the county jail. We don't even want to mention what would happen if you tried to steal someone else's land so that you could make your little village.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 9, 2010 7:56 AM    in reply to Andreams

If this country falls, it will be ole' Mr. Winchester enforcing the laws.

The only sector currently being 'stimulated' seems to be arms and ammunition.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 10, 2010 2:15 AM    in reply to Silence

If this country falls, it will be ole' Mr. Winchester enforcing the laws.

You're enjoying the idea of anarchy entirely too much. I wonder why people like you always seem to think that you'll be the ones in charge when the New Order arises.

In any case, I think you'll have to wait a little longer. If this financial crisis was going to cause the country to collapse, it would have happened already.

Hope you're not too disappointed.

The only sector currently being 'stimulated' seems to be arms and ammunition.

1) Only if you're not paying attention.

2) The boom in arms and ammunition sales has more to do with a bunch of paranoid nimwits believing that a Democratic president will take away their guns and invite Scary Dark People to invade their homes than said paranoid nimwits believing that the country is on the verge of collapse.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 10, 2010 2:04 AM    in reply to Silence

Without taxpayers, there is no funding for govt projects.

Uh...that's true. Also, without water in the oceans, the Hawaiian Islands would be mountains. How does this support your point that public-sector jobs destroy private-sector jobs on a one-to-one basis?

The first peoples of America, did not have a Federal govt with Federal projects to feed little federal dependents. Yet, they built homes and villages for themselves and fed their families. How was this possible?

They had much smaller populations to support. Even the great cities of the Aztec empire consisted of only tens or hundreds of thousands of people, compared to the millions in our larger cities.

Do you really hate the federal government so much that you want to return to a pre-industrial way of life to escape it?

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 11, 2010 11:58 AM    in reply to Silence

Hey, idiot. Stay on topic.

You asserted that government-created jobs directly harm the private sector in that they cause the private sector to create fewer jobs than it would if the government hadn't created said jobs in the first place.

Now you get to explain to us how my government-paid rocket-scientist friends would go about finding private-sector rocket-science jobs if the government hadn't so obligingly created GOVERNMENT-SECTOR rocket-science jobs for them. And don't make me go demonstrate to you that Republicans are the party of Let's Spend A Lot More Money on Rocket Science and Missiles and Stuff Like That, 'cause I'll do it.

"My Gawd. You folks have been so indoctrinated that you are absolutely incapable of any independent thinking, whatsoever."

Hey, idiot. Rocket science question first.


"Yes. Yes. I know. It's time to call me names again because I won't follow along with 'the program'."

No, I'll call you names whether you go along with it or not. I do so simply because you are stupid.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

January 8, 2010 9:24 PM    in reply to Silence

I don't disagree with your praising of private sector employment. I'm in favor of both public and private jobs and do not believe one is any better or worse than the other. We need jobs, regardless of the employer.

Reply | Flag Abuse

Are you sure this comment violates TPM's Terms of Service?

Leave a comment

Your response:

Follow us!

Most Popular

TPM Stories Now Surging on