Mayor: Obama Stimulus May Not Help in Short-Term

Thursday, January 08, 2009

Mayor Bloomberg is sounding a note of caution about President-elect Obama's proposed economic stimulus plan, saying it may not do enough to help those who need the money most. Obama laid out goals of doubling the production of alternative energy over three years, updating most federal buildings to improve energy efficiency, making medical records electronic, expanding broadband networks and updating schools and universities. But Bloomberg told Fox News those jobs may not do enough in the short-term:

BLOOMBERG: Some of those projects take an awful long time to do, and the president-elect has to find ways to get people who are being laid off today jobs, and they're not people who can work in construction, they've got other sets of skills.

REPORTER: Bloomberg says the incoming president has a "difficult balancing act" to perform when it comes to the economy.


More in:

News, weather, Radiolab, Brian Lehrer and more.
Get the best of WNYC in your inbox, every morning.

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.


Latest Newscast




WNYC is supported by the Charles H. Revson Foundation: Because a great city needs an informed and engaged public


Supported by