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→Bailout Crisis
The Federal Reserve in June said conditions remained weak and even deteriorated in many regions of the country, with commercial real estate and labor markets in deep trouble. The Fed is not expecting a significant boost in economic activity in 2009. Despite costly federal efforts to restart credit markets, it remains very difficult for consumers and businesses to obtain loans.
The Federal Reserve in June said conditions remained weak and even deteriorated in many regions of the country, with commercial real estate and labor markets in deep trouble. The Fed is not expecting a significant boost in economic activity in 2009. Despite costly federal efforts to restart credit markets, it remains very difficult for consumers and businesses to obtain loans.
The General Motors bailout, which Obama promised would make taxpayers money, resulted in an $11 billion loss;<ref>http://www.outsidethebeltway.com/taxpayers-to-lose-at-least-11-billion-on-general-motors-bailout/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+OTB+%28Outside+The+Beltway+%7C+OTB%29</ref> however Democratic Congressional seats in the areas affected that recieved the aid, remained Democratic despite the high unemployment among workers not employed in the auto industry in those districts.
===Health Care===
===Health Care===