When Barack Obama took office in January 2009, the United States faced the worst recession since the Great Depression. Four million jobs had been lost in the prior six months, the financial system was on the verge of collapse, and the U. S. auto industry was about to be liquidated.
The stimulus plan and other programs which Obama and the Democrats passed saved the American economy. Now, things have turned around. Over the past 14 months, two million new jobs have been added by the private sector. The near-defunct auto industry is profitable and is now hiring new workers. The stock market has rebounded and is about 70% higher than it was when Obama took office. The financial system has stabilized, and taxpayers have already made a profit from the bank bailout.
Health care reform was a major accomplishment, providing health coverage to millions of people who did not have it before. "Obamacare" is an excellent name for this program, assuring that Obama will get full credit for this new health policy which will save millions of American lives.
Combat operations in Iraq were ended, and they will soon end in Afghanistan, too.
On the other side, you have the Republicans battling to cut education funding by 25 percent, transportation funding by 30 percent, and investments in clean energy by 70%. Republicans want to repeal Medicare and increase costs for seniors in order to pay for more tax breaks for millionaires.
The only thing that has prevented our economy from truly booming now is that Republicans blocked the economic stimulus from being even greater, as it should have been, in order to fund a full, swift and complete economic recovery. Such a full recovery, had the Republicans allowed it, would have increased tax revenues substantially and by itself have reduced our current budget deficit.
Republicans also want to impose their narrow social and "religious" views on everyone else, by denying Gays the right to marry and denying women their freedom of choice. Republicans are truly the "Us Against Them" Party, demonizing minorities in order to smokescreen the fact that their only real goal is to re-distribute more of America's wealth to its wealthiest families.
Considering that he is up against this army of plutocrats, it's amazing that Obama has accomplished as much as he has. Hopefully, America will wake up and repudiate all these Billionaire's Representatives in the next election.
Subscribe to:
Post Comments (Atom)
5 comments:
Really a miracle that President got so much accomplished in such a hostile climate.
As I said before: Most USA citizens have a short memory span and forget all what he has done.
Then there is the media who doesn't report all what he has done.
It's the T's with their loud beaks and lies who get all the media attention.
USA is hooked on sensationalism due to the adrenaline T-GOP gives them and forget about civilized peeps who don't stir the pot.
Most nations appreciate Obama far more than the USA does. I certainly do.
Robber barons they are and the T-GOP as their servants.
I worked for 2 oil companies and when gas prices went up the customer service representatives were advised on HOW to respond to inquiries. Of course, it was always blamed on outside factors while their profits were skyrocketing.
As a matter of fact I believe it was/is a depression and not a recession that is going on.
No-one dares to mention that the USA is in a depression because that would make people think of the terrible twenties and thirties and panic even more.
Luckily, due to government programs such as unemployment benefits etc., which didn't exist in the past, it didn't hit that hard this time but for many it's a struggle to just survive.
President Obama has done as much as he could to prevent the catastrophe by bailing out companies and therefore saving jobs.
$9.6 trillion debt increase during Reagan, Bush 1 & 2
$3.8 trillion debt increase during Clinton & Obama
Nuff said.
Read what President Obama has done in such a short time.
http://www.answerology.com/index.aspx/question/2869837_So-what-all-has-Obama-done-since-he-took-office.html
Post a Comment