Is President Obama Doing Everything He Can to Save the Economy?

While it may seem that that President Obama isOther formidable steps that Obama and his
doing everything he can to save the economy,administration are taking in order to save the
create more jobs, and put more strength into theeconomy include getting healthcare costs under
world's hope for the future, both Democrats andcontrol and changing the way things are done in that
Republicans on both sides of the aisle are gettingsector as well as opening the door to more
nervous about the actions that Obama has taken andsustainable sources of energy.
will be taking in the near future. One has to questionCreating green jobs and improving the healthcare
whether Obama is doing enough for the economy.system are two fundamental changes that President
Let's face it - our own President and others haveObama is trying to make. While it may seem like
said that this is the greatest economic crisis since thethose two issues are going no where, if things go as
Great Depression. If that is really true, are the stepsplanned especially with the creation of Green
that Obama's administration taking genuinely enoughtechnology and jobs, things may just turn around for
to save the economy? Let's take a look!the large part of the economic downturn.
The $787 Billion RoadmapWhite House Talk
Obama's $787 billion stimulus package was passedThere is certainly no magic fix for the economy as
just weeks after his inauguration on January 20,the White House and the Obama administration is
2009. This stimulus package was designed forready to admit. While some members of congress
shovel-ready jobs, for economic growth, and it wasare trying to figure out whether another stimulus
touted as a necessary package that was going topackage needs to be passed, President Obama has
save or create 3 to 4 million jobs in the Unitednot settled on that step yet. He and his
States.administration concur that his original plans that were
However, more than nine months later Democratsset out in the $787 stimulus package need time to
and others are becoming increasingly skeptical aboutwork.
this original package. For example, DemocraticOn another opposing side, however, one has to
representative Earl Pomeroy from North Dakota iswonder if President Obama has truly done all he can
quoted as saying concerning the large stimulusto save the economy. Perhaps one of the reasons
package: "I mean, if we were to take a vote thisthat his multi-billion stimulus package has not taken
afternoon, the stimulus package would probably fail."effect just yet is because the majority of the
On the other hand, many in the party still hold outmoney in that stimulus bill will not be spent for
hopes that the $787 billion package will eventuallyanother 2-3 years. If President Obama wants to save
achieve the results that are needed to save thethe economy quickly, solid actions need to be
economy.considered that will create jobs faster and ultimately
Budget Proposals and Changesput the U.S. back on the path to economic success.