NEW YORK (CNNMoney.com) - President-elect Barack Obama is trying to rally Congress - and the public - around a two-year plan to create 3.7 million jobs and revive the economy.
No doubt about it, it will cost a lot. And economists from left and right are convinced it's what the country needs. But how much better off will we be by 2011?
The likely answer, unfortunately, doesn't involve a ticker-tape parade and a booming job market.
Obama's desire to create or save at least 3 million jobs is "a very concrete way of saying we want to ease as much of the pain as we can," said economist Christina Romer, a coauthor of the analysis and Obama's choice to head the Council of Economic Advisers, in a video address released this weekend.