[159], Another way to look at President Obama's tenure is as a slow recovery from a combined financial crisis and recession. [23], Upon taking office, the Obama administration eliminated four budgeting gimmicks the Bush administration had used to underestimate deficits, causing reported deficits to increase by $2.7 trillion over the coming decade.[102]. [53][54], The 2017 'Economic Report of the President stated, "Nonfarm job growth turned consistently positive beginning in October 2010. [190] On June 7, 2008, Clinton ended her campaign and endorsed Obama. Gasoline prices fluctuated between $2.00 and $4.00, falling towards the lower part of that range after mid-2014. Obama said, "The time has come for universal health care in America [...] I am absolutely determined that by the end of the first term of the next president, we should have universal health care in this country." 1065)", "Obama, Schiff Provision to Create Nuclear Threat Reduction Plan Approved", "Senate Passes Obama, McCaskill Legislation to Provide Safety Net for Families of Wounded Service Members", "Hoosier Daddy: What Rising Democratic Star Barack Obama Can Learn from an Old Lion of the GOP", "Obama's launch site: Symbolic Springfield: Announcement venue evokes Lincoln legacy", "Barack Obama on the Issues: What Would Be Your Top Three Overall Priorities If Elected? Presidential Safeguard Action on Tires from China: In September 2009, President Obama directed the imposition for three years of additional tariffs to stop a harmful surge of imports of Chinese tires for passenger cars and light trucks. [96][97][98], Obama is a Protestant Christian whose religious views developed in his adult life. "[284] Overall, the economy expanded at a rate of 2.9% in 2010. [295], In December 2013, Obama declared that growing income inequality is a "defining challenge of our time" and called on Congress to bolster the safety net and raise wages. "[500] Macron went on to win the election. Maraniss (2012), pp. [177], In 2006, in response to Illinois residents' concerns about unreported radioactive leaks by Exelon Corporation, Obama introduced a Senate bill to effect mandatory disclosure of such leaks. [333][334], On January 16, 2013, one month after the Sandy Hook Elementary School shooting, Obama signed 23 executive orders and outlined a series of sweeping proposals regarding gun control. [96], ATRA reduced the deficit trajectory significantly relative to the CBO "Alternative baseline" or "current policy" baseline of March 2012, which projected $10.7 trillion in deficit increases (debt) over the 2013-2022 decade. [546], Obama left office in January 2017 with a 60% approval rating. According to the Urban Institute, those states that expanded Medicaid (32 of them, including Washington, D.C.) had a 7.3% uninsured rate in the first quarter of 2016, while those that did not (19 states) had a 14.1% uninsured rate among adults between the ages of 18 and 64 years old.[77][78]. The only way we can do all this without leaving our children with an even larger debt is if Washington starts taking responsibility for every dime that it spends. Following a decrease to 9.7% in the first quarter of 2010, the unemployment rate fell to 9.6% in the second quarter, where it remained for the rest of the year. Their main opponents were Republicans Mitt Romney, the former governor of Massachusetts, and Representative Paul Ryan of Wisconsin. [135][136], He was reelected to the Illinois Senate in 1998, defeating Republican Yesse Yehudah in the general election, and was re-elected again in 2002. By March 2010, the private sector began creating jobs consistently each month, a trend which continued through the end of his tenure, while public sector employment was slower to recover due to budget cuts.
Obama supports a guest worker program,[244] and voted in favor of the Bush administration backed Comprehensive Immigration Reform Act of 2007. The unemployment rate fell from 10.0% in October 2009 to 4.7% by December 2016 at the end of the Obama Administration, a total of 5.3 percentage points. Dyson, Michael Eric. After graduating, he became a civil rights attorney and an academic, teaching constitutional law at the University of Chicago Law School from 1992 to 2004. Obama (1995, 2004), p. 13. For reports on Obama's maternal genealogy, including slave owners, Irish connections, and common ancestors with George W. Bush. [477] In a similar poll conducted by Harris in May 2009, Obama was rated as the most popular world leader, as well as the one figure most people would pin their hopes on for pulling the world out of the economic downturn. Illinois has 11 nuclear power plants – the most of any State in the country – and nuclear power provides more than half of Illinois's electricity needs. [52] By comparison, no net jobs were added during the 2000–2009 period including the crisis impact, while 18 to 22 million jobs were added each decade from 1970 to 1999. By definition, a country running a trade deficit (capital surplus) and where private savings exceeds business investment (private sector surplus) must run a government budget deficit, as the three must net to zero.
This also does not analyze cause.
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