What Are Obama’s Possible Solutions to This Economic Crisis We Are Going Through and How Long to Until This Goal Is Achieved?

Topics: Barack Obama, United States presidential election, 2008, Tax Pages: 3 (1041 words) Published: August 20, 2009
Barack Obama

“Change will not come if we wait for some other person or some other time. We are the ones we've been waiting for. We are the change that we seek.” These are some words from President-Elect Barack Obama talking about that Americans have the power to the change they have been longing for in their government. Barack Obama was born in August 4, 1961 in Honolulu, Hawaii. Obama attended Occidental College in Los Angeles from 1979 to 1981 before transferring to Columbia University and graduating with a bachelor’s degree in political science. He also received a degree from Harvard Law School in 1991. In February 2007 he announced that he would be running for president and 18 months later he became the Democratic presidential nominee. At the end of Election Day, Obama won a decisive victory over McCain with 365 electoral votes to McCain’s 162. Obama marks a change in America’s conventional trend of white American presidents and is the leader in Americas 4 year journey for change. He has a long road full of challenging issues to overcome. One very important issue to the majority of Americans is “What are Obama’s possible solutions to this economic crisis we are going through and how long to until this goal is achieved” To answer this question I researched Obama’s economic policies to improve this crisis as President and they include jumpstarting the economy, providing the middle class with tax reliefs, and improving conditions for small businesses.

One of Barack Obama’s first polices to improve the economy will be to jumpstart the economy in two ways. One will be to “enact a windfall profits tax to provide a $1000 emergency energy rebate to American families.”(barackobama.com), taken directly from Obama’s website on his economic policies. This would be good because it can help families pay some money in their rising bills and reduce some of it. Secondly Obama is going to provide a “$50 billion of stimulus to jumpstart job creation and help...
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