Is The U.S. Economy Better Off After President Obama?
What Has Obama Accomplished As President? https://www.youtube.com/watch?v=ED4rd74iOeM Subscribe! http://bitly.com/1iLOHml President Obama inherited ...
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When President Barack Obama took office in January of 2009, the world economy was reeling from a global financial crisis. The United States, in particular, had been shattered by the subprime mortgage bubble. This period was considered the worst global recession since World War Two. Just that month, nearly 600,000 jobs were cut by employers in the US, with an unemployment rate of more than 7.5%. In total, since the recession began, almost nine million jobs were lost. In 2008, Obama ran for president on a campaign marked by promises to reel in big banks, stop job loss, and address the widening economic inequality between the ultra-rich and those in poverty. To combat the disastrous economic situation, one of Obama’s first acts in office was to sign off on The American Recovery and Reinvestment Ac...
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When President Barack Obama took office in January of 2009, the world economy was reeling from a global financial crisis. The United States, in particular, had been shattered by the subprime mortgage bubble. This period was considered the worst global recession since World War Two. Just that month, nearly 600,000 jobs were cut by employers in the US, with an unemployment rate of more than 7.5%. In total, since the recession began, almost nine million jobs were lost. In 2008, Obama ran for president on a campaign marked by promises to reel in big banks, stop job loss, and address the widening economic inequality between the ultra-rich and those in poverty. To combat the disastrous economic situation, one of Obama’s first acts in office was to sign off on The American Recovery and Reinvestment Ac...
