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Vice President Joe Biden, left, watches President Barack Obama sign the economic stimulus bill.
Vice President Joe Biden, left, watches President Barack Obama sign the economic stimulus bill. (By David Zalubowski -- Associated Press)
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Wednesday, February 18, 2009

Obama Signs Into Law Plan to Boost Economy

· President Barack Obama yesterday signed into law a plan meant to create jobs, encourage people to spend money and in general feel better about the economy.

The president went to Denver's Museum of Nature & Science to emphasize that his plan will help promote environment-friendly jobs. The $787 billion plan (that's $787,000,000,000!) will try to boost the nation's economy by spending money to build roads and bridges, encouraging energy conservation, helping people who have lost their jobs and preventing more people from losing theirs.

But no one, not even the president, expects all that money to turn the economy around quickly. More people are without jobs than at any time since the early 1990s, and economists say things probably won't improve this year.


© 2009 The Washington Post Company

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