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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.
Sep 29, 2017 · The economy gained a net 11.6 million jobs. The unemployment rate dropped to below the historical norm. Average weekly earnings for all workers were up 4.2 percent after inflation. The gain was...
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.
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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...
Sep 12, 2018 · President Trump and former President Obama both claim credit for the economy. Democrats argue that Trump inherited an economy that was already strong, while Republicans insist he turned it...
Jan 6, 2017 · Friday’s jobs report represented the first official wrap-up of President Barack Obama’s legacy on the nation’s economy. But from the Affordable Care Act to zombie banks, Obama had no shortage...
Jun 25, 2019 · By any definition, the U.S. economy has escaped the recession that marred Obama's first days in office. Real (inflation-adjusted) gross domestic product (GDP) shrunk at an annual, seasonally...
