Obama's Success Essay

Obama's Success Essay

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Has President Obama done a good job? A controversial question many Americans are talking about today. Considering the nature of a Presidential job and the state our economy was in when President Obama was elected, I believe that he has done the best job he could. Many people do not see his accomplishments and the great things he has put into place not only helping to stimulate our economy but helping to make American soil feel like a safe place again.
The beginning of the economic crisis began with the fall of AIG and Lehman Brothers in the spring of 2008. Bush and Obama were in debate in the best way to rescue the economy and the stimulus needed to bring America out of the recession. Bush’s first attempt to pass the $700 billion bank bailout was denied ultimately causing the stocks to plummet 778 points in the same day. Knowing that the economy needed help fast Obama promised that his first mission as President would be to create a stimulus package to help the American economy. (Hendin)
Elected in January 2009 Barack Obama officially became president. His first attempt to rescue a falling economy was a $787 billion economic stimulus package. This package was designed to help over a period of ten years, jumpstarting the economy and saving millions of jobs. (Amadeo)
On February 17, 2009, Congress passed The Recovery and Reinvestment Act. Obama responded immediately by signing it into law only four days later. There three main goals for this Act was to create new jobs and save existing ones, spur economic activity and invest in long-term growth and to bring accountability in government spending. In order to achieve these goals there were many things that needed to happen. There were $288 billion in tax cuts for workin...


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...urn-home-by-year-end/>.
Prater, Connie. Creditcards.com. 22 february 2011. 22 10 2011 .
Secretary, Office of the Press. The White House Washington. 22 May 2009. 14 10 2011 .
The New York Times. 15 11 2011. 15 11 2011 .
The Recovery Act. n.d. September 2011 .
Washington. Obama Health Care Law Reaches Supreme Court, With Over Five Hours Of Oral Argument Planned. 11 14 2011. 17 11 2011 .

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