Question
While President Obama was in office decisive action had to be taken in order to prevent an economic melt-down (recession, depression?). As a result, the
While President Obama was in office decisive action had to be taken in order to prevent an economic melt-down (recession, depression?). As a result, the U.S. economic stimulus and bailout was initiated. The breakdown below:
Federal Bailout and Stimulus Spending
1. Stimulus Package from February 2008 - 168 Billion
2. Fannie Mae, Freddie MAC - 200 Billion
3. AIG - 22.8 Billion
4. Financial Bailout -700 Billion
5. Auto Bailout -17 Billion
6. President Obama's Plan - 800 Billion+
TOTAL COST = APPROXIMATELY 2 TRILLION DOLLARS
This represents a 2 Trillion Dollar cost for the U.S. economic stimulus and bailout alone. Considering the country's current situation, did this effort make a difference? Is the President's plan working? What is your opinion on this matter considering the following:
1. Economic Impact
2. Your individual rights and the rights of U.S. citizens in general
3. Employment Impact
4. The Recession
5. Consumer Rights
6. The Politics Involved
7. Global Impact
8. Personal Experiences
9. Solutions
10. What's The Future?
11. Capitalism: Is it working?
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