On his website, newly reelected President Barack Obama states that he wants to "grow the economy from the middle out."
So far, he has had some success at accomplishing this goal.
- He has been successful at increasing the amount of goods made in America, in other words, he has brought back some manufacturing jobs to the U.S.
- President Obama has supported tax cuts to small businesses, which are critical to our nation's economy - these cuts have allowed these businesses to enjoy more success.
-The President has made some much-needed changes to Wall Street - ensuring that no more foul play occurs there.
- To create more jobs for Americans, President Obama has opened trade with nations such as South Korea, and has been an advocate for technological progress, the latter of which creates new products which can be distributed abroad.
While such positive changes have been made, the President still faces some problems.
-Education funding, which is controlled by each individual state, must be increased in order to improve the academic performance of American Students.
- After the tumultuous events of the past four years, the President needs to regain the confidence of the American people in their government and its economic decisions.
- While efforts to increase American industry have been moderately successful, our nation still does not dominate all other nations in competition.
Where do you think the U.S economy will be in the future?
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Sources:
http://www.usnews.com/news/blogs/rick-newman/2012/11/16/obamas-4-biggest-economic-challenges
http://49thward.nationbuilder.com/what_has_president_obama_done_for_the_economy
http://www.barackobama.com/plans/jobs-economy
My three sources are from the U.S. News website, a website operated by members of the Democratic Party, and Barack Obama's own website, respectively. All three sources are current and reliable.
So far, he has had some success at accomplishing this goal.
- He has been successful at increasing the amount of goods made in America, in other words, he has brought back some manufacturing jobs to the U.S.
- President Obama has supported tax cuts to small businesses, which are critical to our nation's economy - these cuts have allowed these businesses to enjoy more success.
-The President has made some much-needed changes to Wall Street - ensuring that no more foul play occurs there.
- To create more jobs for Americans, President Obama has opened trade with nations such as South Korea, and has been an advocate for technological progress, the latter of which creates new products which can be distributed abroad.
While such positive changes have been made, the President still faces some problems.
-Education funding, which is controlled by each individual state, must be increased in order to improve the academic performance of American Students.
- After the tumultuous events of the past four years, the President needs to regain the confidence of the American people in their government and its economic decisions.
- While efforts to increase American industry have been moderately successful, our nation still does not dominate all other nations in competition.
Where do you think the U.S economy will be in the future?
Sources:
http://www.usnews.com/news/blogs/rick-newman/2012/11/16/obamas-4-biggest-economic-challenges
http://49thward.nationbuilder.com/what_has_president_obama_done_for_the_economy
http://www.barackobama.com/plans/jobs-economy
My three sources are from the U.S. News website, a website operated by members of the Democratic Party, and Barack Obama's own website, respectively. All three sources are current and reliable.
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