Obama on World Economics
70Has President Barack Obama Hurt or Helped America
Has President Barack Obama Hurt or Helped America
Has President Barack Obama hurt or helped Americans is an inquisitive question that got most Americans thinking about his job performance. Business Week gave President Barack Obama an A grade on his performance to date. The magazine said that it did not always agree on President Barack Obama's policies but his performance is that of a great Chief Executive Officer of the United States of America.
When you have grown children and would like to know how they are doing in the world once they are released from higher education, all you have to do is to ask someone else. Of course, you as the mother or father are proud of your child especially if your son or daughter graduated doing their best in college. You may be thinking that all of your life savings putting your child through college paid off and was worth it.
In that same line of thinking, President Barack Obama as a graduate of Harvard University and law professor elected to the presidency just a few months ago is performing as though he has done his homework. His performance at the G20 Summit sent out the intelligent message to Europeans, Frenchmen and Germans that though the United States is a strong nation; it can not cure the world economic crisis alone. He spoke as a smart politician and was able to get $1.1 trillion dollars in aid to help the less develop countries with their economic problems.
Although the Europeans were not keen on adding funds to the stimulus plan they did agree on adding troops to the war in Iraq and Afghanistan. With a president of the knowledge and intelligence to act with poise and a dedication to solving the world's problem, Americans can say that President Barack Obama is helping America instead of hurting America.
While at the G20 Economic Summit in Europe, President Barack Obama not only sought to unite countries,he attempted to get France to accept Turkey into NATO, though France adamantly declined. President Barack Obama was not disturbed by the Turks rioting in disagreement with France and went on about the business of representing the United States in a diplomatic manner, unafraid of speaking out on controversial political issues.
Although President Barack Obama grew up away from the mainlain in Indonesia for a short time, he was able to represent the United States of America as though he had been born in his Senate state of Chicago. President Barack Obama's mother believed in education and wanted the best for her son. As President Barack Obama's mother wanted the best for him, Americans expect the best out of the president. Americans can be satisfied that the president is doing his best job to represent the American people and it showed while he was at the G20 world summit.
As of the writing of this article, President Barack Obama is tirelessly representing America in its effort to curtail the drug cartels of Mexico. President Barack Obama is not a stay in the White House politician and then vacation at Camp David every now and then just for a change of scenery. President Barack Obama is constantly traveling, speaking and keeping the American people informed about the state of the economy and the state foreign affairs.
How can an American say that President Barack Obama is hurting the country if they are being exposed to a transparent government and not being left in the dark in reference to the state of the country? Americans can log onto recovery.gov to follow the allocations of the president's $787 billion Economic Stimulus Package. Because of the financial state of the banks, President Barack Obama is bringing transparency to the banks. With the economic assistance of Treasury Secretary Timothy Geithner, banks are being restructured with the help of the Federal Reserve System.
President Barack Obama is helping Americans and helping the country to get back on its feet after a recession that began in December of 2007. President Barack Obama's $787 billion economic plan that became law on February 17, 2009, has the purpose of creating 3.5 million jobs. A trip to even the city of Las Vegas will show that hotel rates are cheaper than ever because of the number of venues that are closing. When the recession hit a city where the house always win, then one can be sure that the country is in a dire economic condition along with other economic indicators.
Microsoft has laid thousands of people off, major automakers have needed billions of dollars in bailouts and banks have needed to be restructured because of toxic assets. Many of these economic conditions began long before President Barack Obama ran for presidential office. During the campaign election of 2008, the then Barack Obama said that it took eight years of Bush economics of almost no regulations on Wall street among other economic mistakes to get the country to the dire economic state. Why would President Barack Obama leave his family to campaign for a job and then to win a job of tumultuous proportions. Simply, because President Barack Obama wants to help the American people.
Two wars raging in Iraq and Afghanistan did not deter President Barack Obama from taking on the toughest job in the country.Once in the White House, President Barack Obama hit the Congress floor running filling seats with qualified cabinet members. President Barack Obama selected from a sea of rivals and placed his campaign opponent into office as Secretary of State. The American people were amazed at the selection of Hillary Clinton as the Secretary of State and knew that President Barack Obama was not in the presidency for himself but for the American people. Hillary Clinton had not been kind in her bid for the presidency and had tried to stiple President Barack Obama's qualifications because of experience. Now Secretary of State Clinton has been to Korea to represent America from her new post that was appoint to her by President Barack Obama.
Reviewing presidents before President Barack Obama puts him in a place of office circumstances similiar to former President Franklin D. Roosevelt . President Barack Obama faced economic situations of recession as President Roosvelt faced economic situations of the Great Depression of the 1930's. President Roosevelt presided over the United States during the Great Depression and spoke tirelessly telling the American people at that time that the only thing they had to fear was fear itself. President Roosevelt also attended a world economic summit in 1933 but without much result. The unemployment rate during the Roosevelt days were up to 30%. The unemployment rate is 8.5% up from 7.6% when President Barack Obama first took office.
President Barack Obama, however, tackles the economic situation like the high unemployment rate with the diligence in which he approves programs that he think will jolt the economy out of the recession. The president had to sign a $410 milllion bill to keep open nine government offices. President Barack Obama signed the bill with a notation that he did not totally agree but signed to keep government employees working. The bill had been on the floor before President Barack Obama took presidential office.
It is obvious that President Barack Obama is not a lazy or a withdrawn politician. President Barack Obama has shown transparency with the number of press conferences he has had since entering the office of the presidency. The news conferences are held to keep Americans optimistic about the economy. President Barack Obama, first speech to the Joint Session of Congress proved once again that he was the President of Hope as he assures the American people that "brighter days" were coming in reference to the economy.
At one time, political analyst were saying that President Barack Obama was having quite a number of press conferences. They concluded that the state of the economy and the bank crisis mandated that he is constantly reassuring the American people that the country is moving up out of the recession. President Barack Obama appeared on The Tonight Show with Jay Leno and assured the American people that the issue at that moment (AIG) was going to pay back the American people their tax money. AIG which the government had just bailed out with $170 billion of government funds used 160 million of the money to pay millions of dollars to CEOs. President Barack Obama labelled "shameful" the enormous amounts of money that was being paid to CEO's on wall streets and at banks. Congress passed a bill to tax the CEO's bonuses at a rate of 90% to recoup American's taxes and a few of the CEO's returned the bonuses.
President Barack Obama had put a limit on the salaries of $500,000 to executives and was just as outraged as the American public of AIG's action. President Barack Obama sided with the American people and mentioned his outrage again at a conference with small business leaders in the White House. A president who sides with the American people is not in office to hurt anyone. President Barack Obama is in office to help the American people.
Presiident Barack Obama is helping the American people by creating million of jobs with the $787 billion Economic Stimulus Package. The $787 billion Economic Stimulus Package is creating jobs when people are being laid off by the thousands and business are closing for the hundreds. President Barack Obama Economic Simulus Package is prolonging unemployment benefits so that families will not go hungry and is adding $13 to their weekly pay check starting in June of 2009. President Barack Obama is also helping senior citizens by making private insurance companies bid on premiums for a fairer rate that has skyrocketed.
President Barack Obama is travelling the world promoting the good will of the American people with a message to its allies that America can not solve the economic crisis alone. President Barack Obama is seeking to provide health care to 11 million American children that are in families with no health insurance. President Barack Obama is also upgrading the health care system and is saving the American people' health care cost by integrating information technolgy into the health care system.
President Barack Obama has accomplished much in his three months of office and now the financial system seems to be finally turning around. Citi bank as of April, of 2009 reported a gain of $1.6 billion. Investments companies are finallyl profiting again. The transportation system of building buses in California is providing jobs in other states as parts for the buses are available in those places. States are initiating high speed rail to compete with transit technologies that rivals China and Japan. Emergency reponse personnel have been able to hold until their jobs because of the funds that are allocated from the recovery plan for that purpose. Because President Barack obama is the president of hope, people are reducing their work hours so that others can work to provide for their families. Organizations such as schools are reducing their work days to four day work week in the effort to save jobs and avoid layoffs. President Barack Obama told the Joint Session of Congress that a CEO gave 16 million dollars to his community for no other reason except the money was needed by people who he had grown up with.
Has President Barack Obama helped or hurt the American people? President Barack Obama does not run away from his responsibilities and is now in the process of opening communications with Cubans. Cuban families can now visit their American counterparts without the sporadic rules that was prevalent under the Bush Administration. Cubans were only allowed to visit their families no more than three times a year from Cuba. Now Cubans have unlimited visits to their families in America because of President Barack Obama's policy.
President Barack Obama has helped Americans and has done more in three months than some presidents have done during their two terms of service. President Barack Obama loves America and his purpose for being president is to help the American people. President Barack Obama connects with the American people by reading the 10 letters out of thousands religously everyday. President Barack Obama reads the big black book of political briefing delivered to the White House each night. Americans can be confident and assured that President Barack Obama is doing his job to help them with his uptodate knowledge of events and legislature that affects their everyday life.
President Barack Obama said that he became president because of the love of his country and for his two girls Malia, 10 and Shash 1 0 and wife Michelle. President Barack Obama was transparent with his reason for accepting the presidential nomination. As President of the United States, Americans should be confident in the knowledge that President Barack Obama is in it for them. Americans should "get it."
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Comments
I think it might be too soon to tell but he's off to a good start.
I think he has the drive and determination to definitely help our nation rise above the ashes but time will tell.
Then how come at the street level where the people live, nothing has changed for the good?
christine, it is good to hear from you again. It does seem like President Obama is off to a good start. It is almost like he is working a real 9 to 5 where he is constantly on the go.
Golden, thank you for you comment. I agree, time will tell but having a positive attitude is a great start.
Issues, at the street level, things are changing for good. Optimism has no street, local, city, state, or federal level. A majority of the time the people in the street has to change their attitudes to change their situations. President Barack Obama is doing his part to help with his economic programs and upbeat speeches always touching on where America has come from. If the people in the street will remember their better days and take the best route instead of complaining and staying where situations and circumstances places them, then surely changes will be made for the good. President Barack Obama is only a man who is the President of the United States. President Barack Obama is not the president of you. President Barack Obama presides over the country to keep the American people safe, protected and able to carry on their lives with the goal of obtaining the American dream. You are the president of you and if you want change on the street level then it is entirely up to you. President Barack Obama has effected programs to help people with the extended unemployment benefits and decreasing the tax rates of people earning less than $250,000 a year. But it is up to each and every American to get up, look at their situations, examine the circumstances that caused them to be where they are and then choose to move on. It is a good thing to have a President who has the optimistic frame of mind and by the way Americans are helping each other and getting involved in politics, you can see that positivity is catching on.
I saw him today on the news meeting president Chavez. Great Change to responsibility.
I just got done reading all the comments and I agree with you about people needing to be accountable. Obama didn't create this situation, banks and the mortage companies brought it on. Also people have accumulated massive amounts of doubt that they need to take care of. I don't expect Obama to come in and help me pay off my debt and I think that is exactly what people expect him to do. How come no ones asking Bush the hard questions? Like how could he let things get this bad? He had to have seen the volcano brewing years ago.
You can't cash optimism to pay for your house and replace your lost job and put food on the table.
Obama was part of the problem when he spent two years pandering for a new job while he shirked his Senatorial duties. Remember the last two years before the election was controlled by a Democratic Congress. He was a member of Congress when they threw 750 billion dollars away without any return on that investment.
Obama and Congress should be helping the victims of the credit scam and not the financial institutions that were the creators of the scam. It was during the Clinton administration that the idea emerged to make home ownership for everyone without regard to their ability to actually afford it.
We are in the seventh month since the economy collapsed, and three trillion dollars in the hole. The glass is just empty.
Shamelabboush, thank you for your comment. Yes, I read the article about the president's talk with Chavez also.
Christine, thank you for your response and for reading the other comments. I agree with you that former President Bush knew about the financial situation especially on Wall Street. Former President Bush refused to add the regulation that was needed and Wall Street tumbled right before our eyes during the 2008 presidential campaign. Former President Bush has been recorded as having the most millionaires in his presidential cabinet. It would seem that the financial needs of the American people was not his top priority. On a television news interview program, former President Bush admitted his admiration for President Obama's ability to raise millions of dollars in a grass roots campaign to win the presidency. Former President Bush should have realized then that the American People were desperate for change and for politicians to realize that it is not easy living on Main Street in a recession. President Barack Obama offered hope for the American people and they thanked him for realizing the dire economic state they were in by casting their votes for hope. President Barack Obama was asked jokingly by Jay Leno of the tonight show whether or not former President Bush should be held liable for the mess he left concerning the state of the economy. As the forum of the Tonight Show is comical, President Barack Obama smiled probably thinking that an 8.5 unemployment rate with 54 million Americans out of work is no joking matter.
Issues, I agree that you can not cash in optimism to pay a bill or an obligation. But isn't hope or optimism the first step to getting the motivation to do what you have to do to take care of the obligation. Americans can blame politicians for their woes and it is great to have someone to complain about and to toss the blame on for the economic condition of yourself or for your country. But if you are trying to solve any problem, thinking that the situation is bleek and someone in Washington is to blame for your immediate circumstances without taking positive action then it is doubtful that your circumstances will change.
I worked as a loan officer in a mortgage company during the Clinton administration warning people about the disadvantages of the slew of creative financing that was running the housing market rampart. Americans are hard working people but you have to admit that they will welcome an easy quick fix. Now the banks needs restructuring to recoup the losses that occurred during the Clinton administration.
Issues, only you can view whether or not the glass is half empty or half full. No one knows your situation except you. Your attitude is your own. I choose to think of the glass as half full with an optimistic attitude and the drive to fill it completely with what I choose is necessary for fulfillment. Optismism, positive thinking, and hope may not be able to pay a bill or an obligation but it is a good beginning. Your path will be directed where ever your thoughts are headed. Why choose to say that you glass is half empty? Do you say that because an half empty glass is more "real" to you than a half full glass. Issues, thoughts proceed actions and a positive thinker surely will be lead to positive action. Politicians are paid with American tax dollars. If Americans, disagree with how their tax dollars are being spent, they can either write their Congressman or Senator. For transparency in government spending, President Barack Obama has initiated recovery.com where Americans can log onto the site to read how the $787 billion Stimulus Package is being spent. President Barack Obama's $787 billion Stimulus Package was passed to create 3.5 million jobs. If Americans are laid off of work, it is up to them to send off a resumes or make telephone calls to seek work. You must deal with the echelon and state in which you find yourself. Optimism and hope is a good start to getting your half full glass filled with a job if you need one or a letter to a Congressman if you have a political concern.
Hi Lindagoffigen,
It is not for me to comment on whether or not President Obama is doing a good job domestically, however as a citizen of the United Kingdom, I believe his failure to include Britain as part of his proposed G4 restructuring may hinder the "special relationship" that has existed between our two countries.
His devaluation of Britain may cost him dear in future support of some of America's foreign policy aims. For example, would the US have had the same level of committment for operations in Iraq and Afghanistan had his proposals come effect before the invasion of either of those countries?
Certainly the European Parliament was luke warm before the policy was initiated and is not particularly supportive at present. Looking in from outside, on this issue in particular, a future British Government may not be as supportive of American foreign policy as in the past.
As with so many comments to your article, it is early days and time will tell. From a British perspective, the special relationship is not looking very special at the moment.
Communicity, thank you for your comment. This article of which you are commenting is from the first G20 summit. The economic summit has not been reported on from this author and I think that Obama is riding off of the success of the first G20 summit. Obama may be a bit cool to the Brits because the alliance is strong and his administration is working on opening up dialogue with countries that up unto now the western world has not spoken much to. I think that is why India is being invited to the White House for Thanksgiving dinner as it is a country that is on the rise in the space industry and is a country that America has been cool on with the vast amount of outsourcing of jobs. I think that the alliances between the Brits and America is unfailing and is stronger than ever.













JanieWrites says:
7 months ago
This is an excellent Hub outlining the accomplishments of our very accomplished President. I believe he is doing an outstanding job and I am very proud to say I am an American these days!