Tag Archives: obama

The American Recovery and Reinvestment Act of 2009, 787 billion plan

Posted on June 7, 2010 by Yana

The video shows Barack Obama signing the Recovery Act, an economic stimulus package.

This bill was signed into law on February 17 by President Obama at an economic forum he was hosting in Denver, Colorado.

The main goal of the Act was to bring the country back from recession on a path of recovery; the Act was intended to create jobs and promote consumer spending and investment. It also included federal tax cuts, expansion of unemployment benefits as well as domestic spending in education, health care and infrastructure.

I consider this Act a huge attempt made by the Government to recover the economics of the US, and according to various reports, the stimulus saved about 1.7 million jobs.

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Obama’s Inauguration

Posted on June 2, 2010 by Olympi

This picture was taken from the Washington Post. It shows President Barak Obama being inaugurated as the 44th president of  The United States. It took place on January 20, 2009, adn to his left is his wife Michelle Obama.

This is an important picture since it depicts a milestone in the US’s political and racial history. From a country that discriminated no less than 50 years ago today we have a minority as our president. An achievement every country should strive for.

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