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On February 8, 2009, a letter to Congress signed by about 200 economists in favor of the stimulus, written by the Center for American Progress Action Fund, said that Obama's plan "proposes important investments that can start to overcome the nation's damaging loss of jobs", and would "put the United States back onto a sustainable long-term ...
Obama presents his first weekly address as President of the United States on January 24, 2009, discussing the American Recovery and Reinvestment Act of 2009 Job Growth by U.S. president, measured as cumulative percentage change from month after inauguration to end of term. 2016 was the first year U.S. real (inflation-adjusted) median household income surpassed 1999 levels.
The New New Deal is the most interesting book that has been published about the Obama administration. Even Republicans should read it. [2] The editor-in-chief of The Politico, John Harris, praised the book, arguing that it "demolishes cliches and vividly reframes our thinking about President Obama and his stimulus package through a gripping ...
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Somebody must have poked President Obama with a stick. He woke up Monday and noticed that the country has been roiling in economic pain and thought "Gee, maybe I should do something about it."
President Obama was first inaugurated in January 2009, in the depths of the Great Recession and a severe financial crisis that began in 2007. His presidency continued the banking bailout and auto industry rescue begun by the George W. Bush administration and immediately enacted an $800 billion stimulus program, the American Recovery and Reinvestment Act of 2009 (ARRA), which included a blend ...
President Obama's deficit-cutting plan hits pharma with a one-two-three punch. As he's advocated before, Obama would impose higher drug rebates on dual-eligibles, the low-income Medicare patients ...