Haven’t had a lot of time to think about President Elect Obama’s New Economic Plan (see his address below) but it seems to me that it’s the right thing to do. I would wish for a plan that creates well over 2.5 million jobs -as he’s said, we’ve lost almost that many jobs this year, alone. We need to create a lot more than 2.5 million jobs - perhaps, triple that number - but not, all at one time, of course. Thinking back to Paul Krugman ’s remark about being Worried about next year , along with the U.S
Haven’t had a lot of time to think about President Elect Obama’s New Economic Plan (see his address below) but it seems to me that it’s the right thing to do. I would wish for a plan that creates well over 2.5 million jobs -as he’s said, we’ve lost almost that many jobs this year, alone. We need to create a lot more than 2.5 million jobs - perhaps, triple that number - but not, all at one time, of course.
Thinking back to Paul Krugman’s remark about being Worried about next year, along with the U.S. Loses 533,000 Jobs in Biggest Drop Since 1974, (which totally supports his fears) as reported in the New York Times, yesterday along with the Terrible employment numbers and meshing it with Barack Obama Pledges Public Works on a Vast Scale
Although he put no price tag on it, he said he would invest record amounts of money in the vast infrastructure program, which also includes work on schools, sewer systems, mass transit, electric grids, dams and other public utilities. He vowed to upgrade computers in schools, expand broadband Internet access, make government buildings more energy efficient and improve information technology at hospitals and doctors’ offices.
“We need action — and action now,” Mr. Obama, said in an address taped for broadcast Saturday morning on radio and YouTube.
My feeling is this is the time to start measuring the needs of each of those areas, and to the extent we can, to also monitor sectors using tools such as Compete.com (which is doable - they have the technology), HitWise.com, and other such tools, even Google Suggest - to start a discussion on both the size of the changes needed, and the sentiment/reaction to changes being made next year, as they are rolled out.
I already wrote ideas about the 1 year old Recession and when i think it’ll end -I think 3 stimulus packages will be needed over the next 15 months, perhaps over 2 Trillion dollars would need to be spent over the next two years - and from the sound of it - Obama and a Democratic lead congress will spend it - even knowing that down the line we’ll have to find a way to pay for it - but that is a better alternative than widespread Economic Collapse which is really, the only alternative.
If we don’t do massive, massive stimulus - we won’t reverse the slide - because it’s not just us - the whole world is sliding down with us. We’re going to have to pull our selves out - but so will everyone else - and we’ll need to work together to do it - and I think we should take an opportunity now to talk about how we’ll measure it - using the tools we now have (Government says one thing - they have their tools - but we now can measure sentitment - reach, frequency - all this stuff is pretty public).
I can see doing posts about it - how’s the President’s Economic plan doing with Schools - and then pulling data out of Compete (just as they will) - to show how sentiment is changing - to show how this stuff is working - or what they need to do to make it better.
Why? Because hopefully, the Government will be listening - we’re all in this together.
Read the original here:
Measuring the New Economy
Popularity: 58% [?]


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