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On January 28, 2009, a full-page advertisement with the names of approximately 200 economists who were against Obama's plan appeared in The New York Times and The Wall Street Journal. This included Nobel Memorial Prize in Economic Sciences laureates Edward C. Prescott, Vernon L. Smith, and James M. Buchanan. The economists denied the quoted ...
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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In a town hall meeting last week, a member of the audience asked President Obama what could be done to improve America's infrastructure. Touching on numerous issues, the President repeatedly ...
The stimulus package passed in the House of Representatives on January 28 without a single Republican vote. The Republicans developed opposition without developing consensus on an alternative plan. [128] Conservatives who have been supportive of Obama have come out against the plan. [26]
A statement on the government's website said the State Council had approved a plan to invest 4 trillion yuan in infrastructure and social welfare by the end of 2010. [5] [6] This stimulus, equivalent to US$586 billion, represented a pledge comparable to that subsequently announced by the United States, but which came from an economy only one third the size. [7]
Following up on Obama's speech, the White House blog released a statement on how the administration plans to boost domestic energy production, diversify America's energy portfolio, and promote clean energy innovation with three tactics: Landmark car and truck fuel standards; Leading by example - Greening the federal fleet