EmploymentCrossing.com

 

Democratic vice presidential candidate Joseph R. Biden says Barack Obama's plan to rebuild the nation's crumbling roads and bridges will help reverse the loss of jobs during the Bush years.

 

Biden says the Democratic presidential candidate's public works projects would create two million jobs nationwide.

 

He also criticized Republican candidate John McCain's idea for the federal government to spend $300 billion to buy distressed mortgages at full face value and renegotiate them at a reduced price.

 

"Everything we will propose for the economy will be targeted toward the middle class," he said of a Barack Obama administration. "When the middle class is growing, everybody benefits. That is the tide that raises all boats."

 

Biden said a second economic stimulus package, backed by Congressional Democrats, will help Americans afford the $3,500 that it will cost to heat the average home this winter.

 

He compared a tax rebate from the stimulus package to a check that Alaska residents receive each year from the state government, a stipend from the proceeds of the state's more than $30 billion oil-rich investment account.

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