Obama’s report card

Politico set up a list of Obama’s 10 best and 10 worst moves this year:

http://www.politico.com/news/stories/1109/29149.html

Amidst all the harsh criticism heaped on Obama in recent weeks for allegedly not having achieved anything so far, it is not a bad idea to recall what he has brought about since taking office on January 20th.

What many might not be aware of is that the economy stopped deteriorating and the public sentiment is indeed improving. Just read the headlines running around skyscrapers in Times Square and you’ll continually see evidence that the situation is not as desperate as back in January.

Stock markets are up significantly since Obama’s inauguration, GM is out of bankruptcy (though still owned by the government) and several banks (of which some have already repaid TARP money) as well as car makers such as Ford are making profits again. Crude oil prices more than doubled since January 20th which shows that traders are betting on a recovery of the world economy - and that were not possible if the U.S. (by far the world’s largest oil consumer) were no recovering.

Most important, Obama really has changed the way politics is being done in the U.S. and internationally.

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2 Responses to “Obama’s report card”

  1. hotspot shield Says:

    How much money does the Treasury typically print?

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