Abstract
America is facing an economic disaster and is in need of federal relief to remain leading nation. Is America currently facing another Great Depression? In the 1930s the United States suffered from an economy downturn; the stock market crashed, spending declined, there was a drop in production, jobs were lost, bills went unpaid, and the market for produce reduced. President Franklin D. Roosevelt implemented the New Deal Programs to recover the economic damage of the United States. President Barack Obama inherited a stressed economy from former President George W. Bush with a national debt of $10.627 trillion. As President Roosevelt once did, President Obama is now working toward a plan to recover the damaged United States economy? The uncontainable depression later referred to as the Great Depression attacked the economy of the United States. In 2007 the United States began to take an economy downtown again. President Franklin D. Roosevelt implemented the New Deal Programs to recover the economic damage of the United States. President Barack Obama inherited a stressed economy from former President George W. Bush with a national debt of $10.627 trillion.
Highlights
Wall Street has taken a turn for the worst, American citizens are losing their homes, American Corporations are threaten to file bankruptcy, the value of the American dollar is declining and the National debt is at an alltime high
The uncontainable depression later referred to as the Great Depression attacked the economy of the United States
As President Roosevelt once did, President Obama is working toward a plan to recover the damaged United States economy
Summary
Wall Street has taken a turn for the worst, American citizens are losing their homes, American Corporations are threaten to file bankruptcy, the value of the American dollar is declining and the National debt is at an alltime high. As President Roosevelt once did, President Obama is working toward a plan to recover the damaged United States economy. When the first hundred day of his Presidency President Roosevelt enacted new programs to provide relief to the American people and address the unprecedented political capital. President Roosevelt encountered various problems and negative feedback from other branches of the government and citizens when attempting to address the economic issues of the nation He continued to keep his focus and stress the importance of the New Deal Programs. American Recovery and Reinvestment Plan: President Obama has received both negative and positive feedback from other branches of the government and supporters He is focused on addressing the economic damaged that has impacted the United States over recent years. There is much anticipation about tomorrow's meeting of the Fed, and with each new day, there is hope that the headlines will bring better news than the last” (Remarks of Senator Barack Obama, 2)
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