Changes

The '''Obama Administration''' is the Executive Department portion of the U.S. government under [[liberal]], [[Democratic Party|Democrat]]  President [[Barack Hussein Obama]]; it began on January 20, 2009 for a term of four years.  

The '''Obama Administration''' is the Executive Department portion of the U.S. government under [[liberal]], [[Democratic Party|Democrat]]  President [[Barack Hussein Obama]]; it began on January 20, 2009 for a term of four years.  

Although the exact direction of the Administration is unknown, it is known from public policy statements and initial actions that it will take a more [[leftist]] position than the [[Bush Administration]] on issues such as taxing the rich and [[abortion]]. [[Image:Geithner2,jpg.jpg|thumb|310px|Obama has filled few top positions--none in the Treasury besides the Secretary himself, who is stretched thin]]   

Although the exact direction of the Administration is unknown, it is known from public policy statements and initial actions that it will take a more [[leftist]] position than the [[Bush Administration]] on issues such as taxing the rich and [[abortion]]. [[Image:Geithner2,jpg.jpg|thumb|310px|Obama has filled few top positions--none in the Treasury besides the Secretary himself, who is stretched thin. For example he was to busy to notice the huge bonuses awarded to A.I.G. traders.]]   

==Economics==

==Economics==

The gravest crisis it faces is the [[Recession of 2008]], with the economy spiraling downward. Moving fast, the House on Jan. 28 passed an [[economic stimulus]] package‎ of $819 billion in new spending and tax increases, despite unanimous Republican opposition. A revised bill passed the Senate with three Republican votes. A compromise bill known as the "[[American Recovery and Reinvestment Act of 2009]]" is now law, providing for $789 billion in tax cuts and new spending. Democrats claim it will prevent 3-4 million jobs from disappearing, but economists are unsure how to measure the impact it will have. <ref>see [http://www.freemarketproject.org/articles/2009/20090224125726.aspx Conservative commentary]</ref> The stock market declined rapidly after Obama took office, and in March 2009, the Wall Street Journal declared "President Obama's policies have become part of the economy's problem". <ref>http://online.wsj.com/article/SB123604419092515347.html</ref>

The gravest crisis it faces is the [[Recession of 2008]], with the economy spiraling downward. Moving fast, the House on Jan. 28 passed an [[economic stimulus]] package‎ of $819 billion in new spending and tax increases, despite unanimous Republican opposition. A revised bill passed the Senate with three Republican votes. A compromise bill known as the "[[American Recovery and Reinvestment Act of 2009]]" is now law, providing for $789 billion in tax cuts and new spending. Democrats claim it will prevent 3-4 million jobs from disappearing, but economists are unsure how to measure the impact it will have. <ref>see [http://www.freemarketproject.org/articles/2009/20090224125726.aspx Conservative commentary]</ref> The stock market declined rapidly after Obama took office, and in March 2009, the Wall Street Journal declared "President Obama's policies have become part of the economy's problem". <ref>http://online.wsj.com/article/SB123604419092515347.html</ref>