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Watch. President Obama on 8 Years of Economic Progress. Stabilized an Economy in Crisis and Laid the Groundwork for Long-Term Growth. Took steps to help the hardest-hit Americans.
Jan 10, 2017 · The Obama administration implemented a number of important fiscal measures, notably the American Recovery and Reinvestment Act of 2009. It also provided strong moral support for the Fed...
The economic policy of the Barack Obama administration, or in its colloquial portmanteau form "Obamanomics", was characterized by moderate tax increases on higher income Americans designed to fund health care reform, reduce the federal budget deficit, and decrease income inequality.
In reaching this goal, the Recovery Act put billions of dollars into people’s hands and injected much needed funds into the economy in less than two years. Effective implementation of the Recovery Act depended on funding projects that would put every dollar to good use.
Economic Progress. Having inherited an economy careening toward a second Great Depression, the Administration acted aggressively to arrest the crisis, restart growth and job creation, rebuild our economy on a stronger long-term foundation, and expand opportunity for all Americans.
ECONOMIC RESCUE, RECOVERY, AND REBUILDING ON A NEW FOUNDATION. In 2008, the American people turned to Barack Obama to lead the country through the worst economic crisis since the Great Depression. His North Star was to make the economy work for the middle class and for those fighting to join it. He took steps to create jobs, rescue the auto ...
Ten years ago today, President Obama signed the most far-reaching Wall Street reform since the Great Depression, a major milestone in the wake of the Great Recession to strengthen the American economy and help guard against future financial crises.
