Tengowski - Viii 2 obama domestic policy

Tengowski - Viii 2 obama domestic policy

• 1.
  Obama’s Domestic Policy
• 2.
  Great Recession Continued
• 3.
  High Unemployment • UnemploymentPeaked: 10% (11/09) • Job Losses in 2009 (818,000)
• 4.
  American Recovery and ReinvestmentAct (Feb 17, 2009) $787 billion Economic Stimulus Package
• 5.
  Dodd-Frank Wall StreetReform and Consumer Protection Act July 21, 2010 • Prevented lending companies from taking excessive risks that exploit consumers www.whitehouse.gov
• 6.
  Tax Relief, UnemploymentInsurance and Job Creation Act of 2010 (12/17/10) $858 billion in tax relief and extension of unemployment benefits www.irs.gov
• 7.
  Obama and Deficits 2009 2010 2011 2012 2013 2018 -$1.4trillion -$1.2 trillion -$1.2 trillion -$1.1 trillion -$759 billion -$475 billion www.whitehouse.gov
• 8.
  Federal Debt $18.2 Trillion $18,200,000,000,000 (May2015) http://www.brillig.com/debt_clock/ All this spending increases the
• 9.
  Partisan Differences: NationalDebt Obama vs. House Republicans Government Shutdown October 1 – 16, 2013
• 10.
  Compromise Made: 10/17/13 •Pushed Debt Limit Decision until 2/7/14
• 11.
  Improving Economy Economy Grew (3rdQuarter) (2013) 4.1% US Commerce Dept.
• 12.
  Unemployment: 5.4% (May2015) • Lowest unemployment rate of Obama’s presidency Commerce Dept.
• 13.
  Stock Market (August2013) • Surpassed 2008 levels http://www.tradingeconomics.com
• 14.
  Major Obama DomesticGoal
• 15.
  Why is HealthCare a Concern? http://www.theatlantic.com/business/archive/2013/03/why-is-american-health-care-so-ridiculously-expensive/274425/ (Organization of Economic Cooperation and Development)
• 16.
  Patient Protection andAffordable Care Act (March 23, 2010) • Provide competition to lower health insurance cost • Health care added to 32 million uninsured people
• 17.
  Obama: Civil Rights
• 18.
  Repealed: “Don’t Ask,Don’t Tell” September 20, 2011
• 19.
  Publicly Supported: SameSex Marriage http://www.cnn.com/2012/05/09/politics/obama-same-sex-marriage
• 20.
  Obama and theSupreme Court Elena Kagan (2010) Sonia Sotomayor (2009) Civil Rights: Women
• 21.
  Next Issue: StemCell Research
• 22.
  Lifted ban onembryonic stem cells http://www.nytimes.com/2009/03/10/us/politics/10stem.html
• 23.
  Stem Cell Hamburger(8/5/13) Cost: $331,400 (Netherlands) Time 8/5/13