COMMENTARY | Barack Obama has had a tough time as president, taking over as head of state and commander-in-chief at possibly one of the worst moments in American history, where a confluence of events presented him with soaring unemployment, a tanking economy, a foreign policy that was either nonexistent or extremely suspect around the world, two unpopular and expensive wars, budgetary and national debt problems, and an electorate suspicious of its lawmakers and bestowing low favorability ratings across the board. But it appears that everything that he has done so far has taken the country in the wrong direction.
After a horribly unpopular Wall Street bailout engineered by the Bush administration in its waning days, President Obama began his administration by pushing for not one, but two stimulus packages: one for the Big Three auto corporations (inherited partially from the Bush administration’s dealings) and another general stimulus bill of around $800 billion designed to support businesses and government programs in order to stave off more economic hardship. Both are still looked at with displeasure, the latter viewed as a do-nothing piece of legislation that only added nearly a trillion dollars to the national debt in one fell swoop.
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