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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.
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 industry, and rebuild the economy on a new foundation for growth ...
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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 around.
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...
Jan 6, 2017 · From the Affordable Care Act to zombie banks, President Obama had no shortage of opportunities to make economic history. President Barack Obama waves as he walks down the White House...
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.
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related to: obama administration and the economyThe Center represents a historic chance to build a world-class museum and gathering space. Your contribution will help us build a Presidential Center that will change history.
