Obama calls for aggressive stimulus

From NBC’s Athena Jones CHICAGO -- President-elect Obama stressed the need to “act swiftly and boldly” to prevent millions of job losses next year and said his economic team, which he announced today, was at work on an “aggressive economic recovery” plan that he hoped could be enacted soon after he takes office. “Beyond any immediate actions we may take, we need a recovery plan for both Wall Street and Main Street, a plan that stabilizes our financial system and gets credit flowing again, while at the same time addressing our growing foreclosure crisis, helping our struggling auto industry, and creating and saving 2.5 million jobs, jobs rebuilding our infrastructure, our roads, our bridges, modernizing our schools, and creating the clean energy infrastructure of the 21st century,” Obama said. “I've asked my economic team to develop recommendations for this plan and to consult with Congress, the current administration, and the Federal Reserve on immediate economic developments over the next ... (link)