Obama puts hope in new $450bn job creation plan

President Barack Obama surprised critics and restive supporters alike last week by unveiling a jobs plan that was considerably more ambitious than expected.

10th September, 2011
Obama puts hope in new $450bn job creation plan
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President Barack Obama surprised critics and restive supporters alike last week by unveiling a jobs plan that was considerably more ambitious than expected.

Obama’s plan is a successor to the $787 billion stimulus plan that was passed in 2009 - and whose effects are still a matter of political contention. This time, Obama is proposing a package worth $447 billion, most of which would be spent in one year, rather than two, as was the...

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