Barack Obama has moved into front-runner status among the Democrats without getting too specific about his economic agenda. That all changed with one 45 minute speech at the general motors plant in Janesville Wednesday.
Barack Obama got a look at the largest G-M plant in the United States, and then he took over the role of tour guide--leading the invite-only crowd through his comprehensive economic agenda. Even his sharpest critics admit that Barack Obama delivers dynamic stump speaches. Conversely, even his most ardent supporters say sometimes those speeches are more style the substance. But Wednesday in Janesville, Obama gave a speech that was packed with substance.
There were detailed descriptions of Obama's views on everything from the housing market, "I proposed a fund that would provide direct relief to victims of mortgage fraud"
To taxes: "I'm the only candidate in this race who's proposed a genuine middle class tax cut that will provide relief to 95% of working Americans"
To health care: "My Universal health care plan brings down the cost of health care more than any other candidate in this race."
"Obviously he was very very detailed very specific on how he was going to pay for things.", said Wisconsin Governor and Obama supporter Jim Doyle.
It was perhaps his biggest proposal and drew perhaps the biggest response. "I'm proposing a National Infrastructure Reinvestment Bank that will invest $60 billion dollars over ten years." Obama says the plan will create two million jobs and will be funded by ending the war in Iraq, "It's time to stop spending billions of dollars a week trying to put Iraq back together and start spending the money putting America back together."
"And I think you can see the response he got in this plant I mean people are incredibly excited about this candidacy," said Doyle, "And today I think he gave a very, very detailed economic plan."
Obama also proposed a 150 billion dollar green energy plan that he says will create 5 million new jobs. Obama was emphactic in saying every idea will be paid for by ending the war, closing tax loop holes, putting a price on carbon pollution, and ending the president's tax cuts for the wealthiest two percent of Americans