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Essay that discusses Obama’s economic strategies.

Change is on the horizon for America. On January 20, 2009, history was made when Barack Obama was sworn in as the United States President. With several promises on how to better America, one promise in particular is one that many struggling Americans long for. President Obama is completely aware of the reasons why the economy is in its current form, which will keep the country from making the same mistakes. Obama has created a strategy to help revive the economy, which include several plans that will achieve lasting results. President Obama also has plans of short-term relief to help those citizens who are in desperate need. Obama’s victory in this election promises a hopeful future to a country that is worn from economic distress.

Knowledge of how the economy was put into its current state is the first step in determining a solution to rebuild it. One major problem is inflation coming to a rise and salaries staying the same or diminishing due to lay-offs. The bad economy is due to a large domino effect. With businesses not making enough money because Americans are afraid to spend money, several places of business are shutting down. This puts several thousands of citizens out of jobs. With citizens out of jobs, even more places will be shutting down because of the lack of money flow throughout the economy. Obama has a thorough understanding of this crisis and is ready to tackle the pit of the economy.

President Obama’s biggest promise to Americans was to revive the economy and to help avoid this situation from repeating itself. This is his basic plan that may not create short-term relief, but will play a large role to revive the economy and help it to grow stronger than it once was. The first piece of his plan is to create affordable healthcare plans. This is very important to the rebuilding of the economy because of the huge inflation of healthcare services. His healthcare plan will help middle to lower class Americans afford appropriate medical care to their families saving them hundreds of dollars a year. Another plan of relief is to provide better education for all citizens. This plan ensures that all American’s have the resources to succeed in life. He will be investing more money into early education and he will help make college affordable for everyone. Another big strategy is to create more new jobs for Americans by coming up with a new means of energy to reduce foreign trade for oil. With congress’ support on his strategies, President Obama is sure to have a positive outcome on the economic state of this country.

America is in desperate need now. Sure the plans for tomorrow are promising, but Americans need help today. President Obama has plans for short-term economic relief. He wants to award another stimulus package to qualified Americans. Right now, people are losing jobs and foreclosing on their mortgages. Obama just needs congressional support to issue this out so Americans can catch up on their bills that have fallen behind. This is not a permanent solution but at least it will put money into pockets of terrified Americans. Obama even states that if this stimulus package is not issued out promptly, the results will be devastating.

President Obama’s term into office holds many promises to a hopeful tomorrow for this suffering economy. He is offering many changes that will reflect the future of this country. He has turned eyes upon hope as he motivates this generation of people by giving them something to look forward to. Obama is aware of how this distress came into play, which will hopefully keep these mistakes from recurring. His strategies to rebuild will be changes that are so badly needed. Obama’s short-term strategies will bring immediate relief to hurting Americans. From a nation that is desperate for change, Obama was the right choice in this election.

Work Cited

“Education.” ObamaBiden. 2008. Democratic National Committee. 4 Feb. 2009.

“Obama promises efforts to revive economy.” NECN.COM. 28 July 2008. 3 Feb. 2009

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