Goodbye
Obama
After eight years, we are
saying goodbye to our 44th president of the United States. When Barack
Obama was elected in to office, he was titled the first African American
President. However after two long terms, he will not be known for his race but
rather his contributions as the leader of the free nation. Although some may
shit on his presidency completely, I believe Obama will be missed. I believe he
tried the best he could do.
When Obama stepped in to
office after the 8 year term of George W. Bush, he walked in to a shithole of a
nation. Bush was a likeable president so most people didn’t realize the turmoil
he put on our nation that Obama had to cleanup. At the end of his presidency in
2008, “Congress passed a series of controversial Bush administration-sponsored
plans to bail out the financial industry with hundreds of billions in federal
funds” [1] that put America in the
worst financial crisis since the Great Depression. When Obama became president
in 2008, Bush’s financial upsets that were left behind had Obama off to a rough
start.
Most people did not agree
with Obama becoming president and as he is reaching the end of his last term,
the belief is he dug the country in to more debt. However according to
statistics, Obama was actually above average. While looking at the economic
growth, Obama “has managed to turn the terrible economic hand he was dealt into
a mixed economic record” and “United States has certainly fared far better than
the other developed nations.” [2]Even though the United
States are still in the economic gutter, Barack Obama managed to improve our
economic downfall, even if it was slight.
All in all Barack Obama
was a fair president and did the best he could in the aftermath of the Bush
administration. Obama deserves to be missed and remembered for then being the
first African American president.
I don't just think he was fair, I think he was amazing. The shit this man has to deal with in the last 8 years might make him a saint as well. I personally will miss him so much. Give it time, and I think others that, like you say, "have shit on his presidency" will have a change of tune at some point. If we could just have one more term!! How about Michelle Obama 2020!
ReplyDeleteThe Clinton Administration in the 1990's deregulated the financial industry. It took about six years for Wall Street and the "too big to fail" banks to feel out what they could get away with, and two years to dig a really big hole. President-elect Obama supported the lame duck bills that rescued the banks, because the alternative was worse.
ReplyDeleteUnfortuanately, most banks banks refused to use the TARP money in the way intended, which lengthened the depression.
I think President Obama is an extremely decent person, and I can tell you that I will certainly miss him. He did a lot for LGBT people and handled the international community and terrorism well.
ReplyDeleteIn terms of the '08 depression, the president did in fact support the bailout bills and should have conditioned that money on helping the citizens of this country out of that unbelievable mess. Of course, he could not do that because the financial elites who committed those crimes are simply too deeply embedded in our political system.
I like Barack Obama simply because he does view Taiwan as an independent country (from my own interpretation). Obama named Taiwan as the model of democracy when he visited Lao. I think this is a comfort to Taiwanese (maybe) considering China is getting more intimate with America. (Poor Taiwan~)
ReplyDeleteBut who knows? Trump will be your president and he was a businessman.