
It was a historic day when Barrack Obama came in to office as the first African-American president on January 20, 2009. A variety of issues tug at the hem of Mr. Obama's suit pants. From education to the state of the economy has Obama's attention The biggest issue that our President faces is that of a bad economy. The national debt being over $11 trillion and increasing$3 billion every day. The president insist that the only way to end this recession is to keep spending government money to fund the failing banks With all the bailouts and spending happening, what else can the president do but spend money?AIG execs received a bailout worth $182.5 Billion from the Federal Government and then proceeded to give out $200 million in bonuses out to employees. Katrina Moment? Now who are we judge this man doing everything in his power to get the economy in better shape? With criticism coming from every direction about Mr. Obama’s every move, he has to stand with a firm back bone in a frying full of butter The butter being the bad economy that seems to be getting worse everyday. People are being forced to live in make shift tent towns in Sacramento, CA. These kinds of shanty towns sprang up during the first Great Depression. Is this a depresssion or a recession?
