zondag 3 mei 2009

Obama says he's fighting for economy


In a press-conference on Wednesday night President Obama spoke about his efforts to rebuild the economy in his first 100 days as President of the U.S. He began his conference with mentioning that his economic recovery plan has already saved or created 150.000 jobs. But he also noticed that the nation is still facing the economic problems.

During the conference some questions were asked about the intervention of the government in the bank and car sectors. Obama made clear that he’s not interested in running private companies but he’s just trying to get those industries back on their feet.

When asked about the possible bankruptcy of Chrysler he said that Chrysler may be able to avoid bankruptcy and he also defended the government’s interventions in the car industry. But Obama will try to get the government as fast as possible out of the car industry in the U.S.

Obama also talked about his federal budget outline which is based on steps taken to recover the economy. The budget will also invest in education, worker training and will create renewable energy jobs.

According to me Obama is doing great because normally a President of the U.S. has to deal with some problems but not with that amount of problems Obama has to deal with. He is trying to solve the problems in a lot of sectors like the bank sector, the employment market,… He can’t possibly say what everyone has to do and he has to keep their different interests in mind. But the economic crisis in not the only problem, he also must realize some promises he made before he was elected as President; like the health insurance,… so it’s a great responsibility.


Source: http://money.cnn.com/2009/04/29/news/economy/obama_economy/index.htm?postversion=2009042921

2 opmerkingen:

  1. According to me, president Oboma is doing great his job. He made promises before he was elected and he tries to execute his plans. But also to the new problems the president gives attention. The recovery plans are a good solution,further we have to wait and see. It is important that the president can prove himself to the world, what he is now exactly worth.

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  2. It would be unfair to blame Obama for not solving the crisis entirely yet. It's not possible to fix a nation's economy of a country that big like the United States in only 100 days. Obama has already done a lot of great efforts that, according to me, worked. Jobs were created and in a couple of years, the crisis will be over!

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