Premium Essay

President Obama's Economic Policy

Submitted By
Words 1012
Pages 5
Economic Policy Using a scale between zero and five, I evaluate President Obama’s performance with concern to the nation’s economy. While assessing Obama’s performance in the arena of economic policy, I account for the president’s policy aimed at the citizen, the nation as a whole, and the promotion of international commerce. Each topic is assigned a point value between zero and one, based on two factors—first, for the egalitarian nature of the president’s initial stance on the topic and, second, for the efficacy of his enacted or proposed policies regarding that topic. Obama’s chief success in the economic domain is that of job creation, which has been on a steady incline since the recession. Though the president cannot be held entirely …show more content…
Finally, Obama’s proposals to expand trade display a global benevolence that should be lauded, regardless of the reticence of political supporters, as they attempt to supplant the xenophobic notions that are rampant in the United States; the global scope of his economic concerns earns him one point. However, several of his trade proposals have met opposition from both parties in Congress, which cuts my assessment of its potential efficacy down to half a point. It should be noted, though, that while his trade proposals may not ultimately be reflected in his performance, they have begun a political dialog and swayed the public to a more amiable view of international relations than the one most commonly adopted over the past fifty years. President Obama receives three-and-a-half out of five points by my assessment, though perceptions of his performance in the economic arena will inevitably change after he leaves office. Though Obama’s administration has not been defined by excessive action, the public perception of Obama’s indomitable character stems from his strong rhetoric. In fact, as much as Obama’s public perception hinges on his mellifluous rhetoric, he may be able to convince the populace that he is an economic policy guru by …show more content…
Though the early Obama administration attempted to maintain a reserved and hands-off approach in the realm of foreign policy, that stance would vastly change over his two terms; recent events have forced him to take military action and become highly involved abroad. Therefore, I will assign President Obama one point based on the beneficence of his intentions at the outset of his regime, after which I will evaluate the prudence of his foreign policy decisions and determine whether it deserves to be assigned one or zero points. The three generalized topics of foreign relations assessed here are that of Obama’s peacekeeping and peacemaking endeavors, his military action, and his attempts at expanding international commerce. President Obama has undertaken several efforts to reaffirm ties with formerly hostile and sanctioned countries. The enactment of Obama’s peacekeeping mission abroad, though noble, displays his naïveté. Opening a dialog with Cuba has been the first step in mending the half century long broken relationship as well as providing a stepping stone to create a network positive international relations. For mending fractured relations and decreasing global perceptions of U.S. hegemony he earns one point. However, Obama’s naïve expectations in regard to negotiations with Iran expose that his learning curve still very much exists in the area of foreign relations.

Similar Documents

Free Essay

Policy and Analysis

...POLICY AND ANALYSIS Name Course Tutor Date President George W. Bush’s and President Obama’s economic policy The US economy had experienced a series of depression in the past years but it was worst hit by the major terrorist attack of the September 11, 2011 that not only shook the nation but also the world at large. The realities of the recession started hitting the nation officially in December 2007, signaled by the collapse of the housing market and subsequent losses on mortgage related financial assets which in turn resulted to great stress and significant turbulence in the financial markets. All this resulted to an overall fall in the broader economic activity. In an attempt to respond to the worsening economic conditions, the administration lowered the federal funds rate by half the percentage point and as the crisis intensified, Bush’s government instituted the federal tax cuts on all the tax payers (Palley, 2011). The recession came to an end in June 2009 but the resultant economic weakness continued to be experienced in the nation with significant high rates of unemployment levels. There were severe job losses, a fall in family incomes and a rise in poverty levels which impacted negatively on the social life of many Americans. The economic environment also suffered severe losses in terms of drastic fall in investments due to uncertainties in the economy’s future. The adverse effects and subsequent fall in the trading activities led to significant falls in the nation’s...

Words: 1093 - Pages: 5

Premium Essay

President Carter's Doctrine Of Liberalist Foreign Policy

...President Carter’s doctrine of liberalist foreign policy parallels President Obama’s 2015 NSS. The Carter administration’s foreign policy directed United States involvement away from power politics to a strategy of human rights and morality.24 (Hastedt, p.17) President Carter’s strategy instilled a cooperative security approach including diplomatic, information, military and economic considerations. Diplomatically, the Carter and Obama administrations focused on expanding democracy, sovereignty of nations, and instilling human rights. In contrast, each administration successfully negotiated unilateral treaties in SALT II and 2015 Iran Nuclear Deal, however neither received prior approval from Congress. Informationally, Obama’s concerns of human...

Words: 265 - Pages: 2

Free Essay

Income Inequality

...Rhetorical Analysis of Barack Obama’s Remarks on Economic Mobility On December 4th, 2013 Barack Obama spoke on the subject of income inequality and upward mobility. This speech was delivered to, and hosted by, the Center for American Progress (CAP). The president uses striking language to appeal to the emotion and logic of the audience. Obama executes his appeals in a variety of ways with the express purpose of painting the issue of growing inequality and decreased upward mobility as the “defining challenge of our time.” President Obama describes these issues as what drives everything he does as POTUS. Obama’s speech was quite intellectual and technical, peppered in detail with the numbers and statistics of current social and economic inequalities, appealing to logos. While he builds his argument based on these substantial facts, the overall feeling of his language is that of compassion. This compassion seems to drive his purpose and thus emotionally connecting to his audience. Further, Obama appeals to ethos during his speech as he outlines how current market-caused inequalities are threatening everything that makes America great. Obama masterfully balances his passionate language with solid facts and straight-forward logic in this effectively persuasive speech. Before expanding upon the specifics of the rhetorical methods utilized by the president in this speech, I think it is important to highlight that the audience (CAP) is a public policy research and advocacy group that...

Words: 1831 - Pages: 8

Premium Essay

The Kite Runner: Military Analysis

...Hailey Wagner Summer 2014 AP United States Government & Politics Budris 2014 Summer Assignment Part B- Military thwarted president seeking choice in Afghanistan Essay In his article entitled Military thwarted president seeking choice in Afghanistan, Bob Woodward depicts the decision making process President Obama endured when it came to military actions regarding the movement of additional troops into Afghanistan in 2009. Through his account of the events which occurred, the reader is offered great insight as to what the most important factors were to Obama as he made his decision concerning foreign policy in Afghanistan, his management style while dealing with this military matter, and the powers of the Commander...

Words: 1043 - Pages: 5

Premium Essay

Unknown

..."An Evaluation of President Obama's First Year and a Half as POTUS" Introduction Barrack Obama became the 44th President of the United States of America on January 20th, 2009. He is the first African American to take office and with his presidency he promised to make changes to America that would liberate the American people from crisis into a bright new beginning. In his Inauguration speech, he claimed to mend the financial crisis by stimulating jobs and laying a “new foundation for growth” (Naughton, “Inauguration speech”). He promised to rebuild the Nation’s foundations such as roads, bridges, electric grids, and digital lines, to revive the prosperity and importance of science, to increase the care and lower the cost of health care, to mend the threat of global warming, to enact peace with Afghanistan, to withdraw from Iraq, and to transform the educational system to meet the conditions of a new era (Naughton, “Inauguration speech”). Throughout his first year as president Obama has enacted many policies and regulations such as the Lilly Ledbetter Fair Pay Act, Recovery and Reinvestment Act, and Health Care Bill. However, has Obama stayed true to his original promises stated throughout his campaigns, in his Inauguration speech, as well as his first State of Union speech. Has Obamba’s first year been a success or a failure? This essay will explore the history of Obama’s ascend to presidency, his success and failures, and an overall evaluation of Obama’s first year in office...

Words: 4009 - Pages: 17

Premium Essay

Romney vs. Obama

...WHO WILL YOU CHOOSE? In order for an American citizen to become president of the United States, he or she must gain votes from the general public. President Barack Obama and Governor Mitt Romney must go through months of campaigning to get the votes necessary to win each state. Some Americans believe that the public makes the decision for presidency long before the campaigns start, and others believe that the campaigns are necessary to gain votes for a President. A campaign in itself is not necessary to influence the public's decision. The focus is whether the campaign has the influential power to change the opinions of American citizens. During the campaign period, national conventions, and presidential debates, President Barack Obama and Governor Mitt Romney discussed why both are qualified and best fit to become President of the United States. Many topics such as education, foreign policy issues, health care, and economy and trade are elaborated during the campaigning period, the conventions, and the debates. According to multiple media sources such as CNN and Fox News, the 2012 presidential election is in a dead heat. Governor Romney revealed qualities that would make him a good President. Governor Romney’s economic policy is what a fragile America needs and his ability to recognize the danger of the growing debt. Governor Romney possesses great knowledge of the current budget mess and yet has an optimistic view of America’s future. That is the change I want for...

Words: 1677 - Pages: 7

Premium Essay

Politic

...Article 1 At the Democratic National Convention in Charlotte N.C., former President Bill Clinton on Wednesday put Barack Obama’s name in nomination for reelection as president with an impassioned plea that Americans renew Obama’s contract for four more years. For those voters who have yet to decide whether to let Obama keep the keys to the White House or send him packing, here’s a primer in political prognostication: past is prologue; and personality drives behavior. Past is prologue The best predictor of future behavior is past behavior. No speech, no campaign promise will fundamentally alter the general tenor of the Obama presidency in a second term. If you dislike Obama’s first-term agenda or leadership style as president, there’s little reason to cast a vote for Obama in hope of change. For the nonpartisan or independent voter, the great challenge is to anticipate how the candidate will govern. That task is simplified with an incumbent because the candidate’s track record telegraphs his likely path. However, the future is always uncertain. Little did we know when we sized up George W. Bush’s fitness for office in 2000 that history would throw us a curveball a year later in the form of Sept. 11. This is where political psychology earns its keep. Personality drives behavior Personality refers to the stable patterns of a person’s motives, thoughts and actions over time and across a broad range of situations. Accurate personality assessment allows us to anticipate a...

Words: 2430 - Pages: 10

Premium Essay

Racial Equality in the Usa Remains a Distant Dream – Discuss

...of 1964, as well as the election of the first black President are counteracted by events such as the shooting of Trayvon Martin in 2012 and the fact only nine African-American senators have ever been elected to the Senate. In this way although on the surface racial equality appears to be achieved, the reality is that with economic discrimination increasing during the recession, and instances of white flight increasing, racial equality has not yet fully been achieved in the USA. There were many formal attempts to establish civil rights in the USA from 1950s onwards. Before this the passage of the 13th, 14th and 15th Amendments created to guarantee the rights African-Americans had been ignored by many states, especially in the deep South, meaning that for most blacks racial equality was a distant dream. However, the passage of the Civil Rights Act in 1964 and the creation of affirmative action policies under JFK began to change things. For the first time government policy began to make up for years of historical discrimination against the African-American population. Affirmative action ensured that members of all previous disadvantaged minorities were given a head start, specifically in areas like education and deployment. With all federally funded projects from the 60s onwards applying policies of affirmative action disadvantaged groups finally began to become equal with whites in terms of employment. However, these policies did attract criticism with many saying they were a...

Words: 1488 - Pages: 6

Premium Essay

Us Politics

...administration’s performance on the economy, social policy, and foreign policy. To discuss the key factors that explains performance (so far) in each category. And to express my prognosis for future improvement in each category. The aim of this document is to assess the Obama administration’s performance on the economy, social policy, and foreign policy. To discuss the key factors that explains performance (so far) in each category. And to express my prognosis for future improvement in each category. The slowdown in US economy and high unemployment rate has driven the US presidential elections in 2012 by making these issues to be prime concerns for voters. Stimulating the economy and job creation became the obvious concerns for president Barrack Obama and Mitt Romney to stand out in the elections by creating strong outline policies for competing with each other. Intending to create new jobs through public investment in education and infrastructure, Obama proposed a $447 billion bill for job creation. He tried to attract the middle class by cutting the payroll taxes. But at the same time raised the taxes on the top two percent of earners, by extending the Bush-era cuts for the rest of the population—this plan was passed by senate in July 2012. Meanwhile, Romney and many other Republicans have advocated extending the Bush tax cuts for all Americans as a way to stimulate the economy and facilitate job creation. The Romney economic plan is largely centered on cutting taxes at the...

Words: 2944 - Pages: 12

Premium Essay

Obama State Of The Union Speech Analysis

...January 12, 2016, President Barack Obama presented the State of the Union Address to the American people. In this speech, President Barack Obama spoke about many different issues. In this paper, I will review and evaluate President Barack Obama’s State of the Union Address using the two checklists from Catherine Smith’s book entitled, Writing Public Policy. I will evaluate if President Obama’s speech addresses a specific audience about a specific problem, the purpose related to a specific policy action, that it represents authority accurately, uses the appropriate form and design for use. I will also review the clarity, correctness, conciseness and credibility of President Obama’s State of the Union Address. Features of Effectiveness President Obama’s State of the Union speech addressed a specific audience about specific problems. The audience is composed of Senators, Democrats, and Republicans. The President’s speech is the final report on the State of the Union. President Obama’s speech...

Words: 912 - Pages: 4

Free Essay

Student

...for a voice. In days past, impolite rhetoric was covered up with a thin shroud of political correctness, today, there’s no such need as social media opens the floodgates for frankness and politics gets dirtier and uglier than ever. And still, the homeless men, women and children in America have no voice. On the left, President Obama’s administration reminds America that the 47% of people who rely on government programs of some kind and who legitimately need assistance are a group of people forgotten by the right. On the right, Governor Romney’s obsession with cuts and reductions on everything from taxes (paid by the top 1%) to government programs (that benefit everyone else) sound a lot like the fiscal policies espoused by President Bush and President Reagan three decades before that. Reagan has been credited with exploding the homeless problem in the United States (BBC News, 2004; Kengor, 2012) and yet there are many whose policies lie to the right of center and whose policies have been credited with destroying a once-robust middle class. Is the politics of pandering a recipe for disaster for the nation’s homeless or is there some value in supply-side economics that benefit the nation’s wealthy? Most importantly, why hasn’t there been more said and done by both parties to directly address homeless, hunger and...

Words: 1184 - Pages: 5

Premium Essay

Econ 335

...immigrants from deportation, president Obama exercises his executive order right to make changes in immigration policy. The new immigration plan will not only protect many unlawful immigrants from being deported but it also gains them access in obtaining driver licenses and social security cards. In another word, they will be legally to work in United States but it offers no path to citizenship. This will open a path for many high skilled workers to the United States labor force. Another major change is that Obama’s action will end a program called Secure Communities, therefore Immigration and Custom Enforcement as well as other law enforcement agencies will begin to priority their focus on criminals and felons rather than working families and security on the border will be increased. While many Americans think this is a righteous move that should have been done long ago to fix our broken immigration policy, the plan is opposed strongly by the Republicans. President Obama has no option but to use his executive action. House Speaker John Boehner states that the president is acting like a king or emperor with his executive action on the new immigration reform. The plan is also facing lawsuit from many different states, but Obama administration believes that the policies could withstand any lawsuit. Obama says in his speech, “The actions I’m taking are not only lawful; they’re the kind of actions taken by every single Republican President and every Democratic President for the past half century...

Words: 2526 - Pages: 11

Premium Essay

Obama Administration

...administration departed from traditional Democratic values and policies? The 2015 state of the union address, Barack Obama had stated ‘after a breakthrough year for America, our economy is growing and creating jobs…shrinking deficits…things like childcare and sick leave and equal pay; things like lower mortgage premieres and a higher minimum wage- these ideas will make a meaningful difference in the lives of millions of families. Like any Democratic President, Barack Obama had commented on traditional aspects of the Democratic Party, however there are parts of Obamas administration that has departed from some traditional Democratic values and policies. These will be explained further. Firstly, signs that Obama has not departed from key traditional Democrat values and policies is Obamas intervention in the economy to promote growth. In the recent state of the union address, Obama had mentioned the economy and its growth several times, which portrayed how important the president had found this issue; sounding finally like the president that his liberal supporters want him to be. Traditionally, the Democrats believe in building a stronger economy by raising the minimum wage, giving equal pay for equal work, and reforming student loan debt. This is highlighted by Obama, with the American Recovery and Reinvestment Act of 2009, most commonly referred to as the ‘stimulus bill’. The bill was a direct response to the economic crisis and at the urging of Obama. The act was signed into...

Words: 909 - Pages: 4

Premium Essay

Evaluate the View That Voting Behaviour in the Usa Is Determined More by the Socio-Economic Characteristics of the Voters Than by Issues, Candidates and Events. (30 Marks)

...Evaluate the view that voting behaviour in the USA is determined more by the socio-economic characteristics of the voters than by issues, candidates and events. (30 marks) It is commonly argued that voting behaviour in the USA is determined more by the socio-economic characteristics (religion, race, gender and age) of the voters than by issues, candidates and events. Arguments that support the question include race being an influence, religion being an influence and gender being an influence in all of the recent elections. However, there is evidence to suggest that issues and candidates are the deciding factors in an election. Firstly, many argue that in the U.S. race has large influence in voting behaviour. For example, in 2012, 93% of African Americans voted for Obama as did 71% of Hispanics. This suggests that racial minorities are more likely to favour Democrats, because of their liberal attitude on issues that are more likely to affect ethnic minorities, as seen with Obama’s promised immigration reform in 2012. This is also seen in the UK, where the Labour party have typically performed better amongst racial minorities. However, some would argue that this is not always the case. The African-American vote for Democrats has been stable (80%+) for over 30 years, but the Hispanic vote has not. Hispanics are typically swing voters. For example, on social issues such as abortion/same-sex marriage, some Hispanics tend to take a more social-conservative stance which attracted...

Words: 1375 - Pages: 6

Premium Essay

Obama

...Barack Obama Barack Obama was inaugurated as the 44th President of the United States —becoming the first African American to serve in that office —on January 20, 2009. The son of a white American mother and a black Kenyan father, Obama grew up in Hawaii. Leaving the state to attend college, he earned degrees from Columbia University and Harvard Law School. Obama worked as a community organizer in Chicago, where he met and married Michelle LaVaughn Robinson in 1992. Their two daughters, Malia Ann and Natasha (Sasha) were born in 1998 and 2001, respectively. Obama was elected to the Illinois state senate in 1996 and served there for eight years. In 2004, he was elected by a record majority to the U.S. Senate from Illinois and, in February 2007, announced his candidacy for President. After winning a closely-fought contest against New York Senator and former First Lady Hillary Rodham Clinton for the Democratic nomination, Obama handily defeated Senator John McCain of Arizona, the Republican nominee for President, in the general election. When President Obama took office, he faced very significant challenges. The economy was officially in a recession, and the outgoing administration of George W. Bush had begun to implement a controversial "bail-out" package to try to help struggling financial institutions. In foreign affairs, the United States still had troops deployed in Iraq and Afghanistan, and warfare had broken out between Israel and Hamas in the Gaza Strip, illustrating the...

Words: 8904 - Pages: 36