Obama's Economic Policies Are Working Effectively
The BriefGet Up To Speed
Signs of economic recovery are everywhere. Housing prices have bottomed out; the stock market has rallied; and capital markets are operating normally. Today, economists are debating whether or not the recession is over. When Obama took office, the debate was whether a sharp decline in economic activity would trigger more bank failures in a vicious cycle, culminating in a full scale depression. His policies have restored confidence and that is the most important thing. Others argue that his policies will seriously undermine the long-term growth of the US economy. Our fiscal outlook is so poor that inflation is likely, undermining faith in the dollar as a global reserve asset. Cap and trade legislation will make US industry less globally competitive; his health care proposals will leave us both poorer and less healthy; and the dramatic increase in taxes needed to pay for all this will discourage risk-taking and investing.
For the Motion
Against the Motion
Recovery
Stimulus
Is Another Stimulus Needed?
Unemployment
Housing
Bailout
Bank Bailout
Bank Stress Test
Regulation White Paper
Regulation
Executive Pay
Automotive Bailout
Obamas Budget
September Treasury Statement
CBO Analysis Fiscal Year 2010 Budget
CBO Budget and Economic Outlook