Monday, November 24, 2008

Obama introduces new stimulus package


Pictured: Barack Obama delivering the stimulus package
(or packages)

Today Barack Obama unveiled his Money Team to the world and announced another stimulus package. Normally this means either bailing out banks or mailing checks to everyone who filed a tax return last year, but apparently not this one. Obama says this will be used to create 2.5 million jobs, focusing on education, clean energy and infrastructure. So how much does it cost to pay 2.5 million people to build solar-powered schools that are all next to the highway? We don't know, because also unlike other stimulus packages, this one doesn't have a dollar amount yet, but Obama did say it needed to be big enough to "jolt" the economy. So it will cost elevnty billion dollars.

As for the auto industry, the president-elect said he wants to help, but they'll get their bailout when they have a plan that doesn't beghin and end with "bild moar ESS YOO VEE, kount muneez."

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