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Immediately after entering office, Obama was faced with a recession - one of the most severe since the [[Great Depression]]. By and large, his economic policies to combat the recession have, to date, ranged from ineffective to counterproductive.<ref>"The vast majority (73%) of respondents reported the fiscal stimulus enacted in February 2009 has had no impact on employment to date. While 68% also believe a jobs bill, such as the one recently enacted into law, will have no impact on payrolls, 30% do believe it will boost payrolls moderately". ''Industry Survey'', National Association for Business Economics, April 2010, [http://www.nabe.com/press/ind1004.pdf p. 2 pdf].</ref> Also on the domestic front, Obama passed a major [[health care]] bill in 2009 with no [[bipartisan]] support and 34 Democrats dissenting. In foreign policy Obama has escalated the [[Afghanistan War]] while also initiating (via the [[United Nations]]) the [[Libyan uprising 2011|Libyan intervention]] and ending combat operations in the [[War in Iraq]]. On May 1st - as an extension of the War in Afghanistan - he announced that the United States had killed [[September 11th]] mastermind and terrorist [[Osama bin Laden]] in [[Pakistan]], perhaps at the cost of the United States's alliance with Pakistan.
 
Immediately after entering office, Obama was faced with a recession - one of the most severe since the [[Great Depression]]. By and large, his economic policies to combat the recession have, to date, ranged from ineffective to counterproductive.<ref>"The vast majority (73%) of respondents reported the fiscal stimulus enacted in February 2009 has had no impact on employment to date. While 68% also believe a jobs bill, such as the one recently enacted into law, will have no impact on payrolls, 30% do believe it will boost payrolls moderately". ''Industry Survey'', National Association for Business Economics, April 2010, [http://www.nabe.com/press/ind1004.pdf p. 2 pdf].</ref> Also on the domestic front, Obama passed a major [[health care]] bill in 2009 with no [[bipartisan]] support and 34 Democrats dissenting. In foreign policy Obama has escalated the [[Afghanistan War]] while also initiating (via the [[United Nations]]) the [[Libyan uprising 2011|Libyan intervention]] and ending combat operations in the [[War in Iraq]]. On May 1st - as an extension of the War in Afghanistan - he announced that the United States had killed [[September 11th]] mastermind and terrorist [[Osama bin Laden]] in [[Pakistan]], perhaps at the cost of the United States's alliance with Pakistan.
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It is ironic that [[liberal]]s such as Barack Obama advocate [[Keynesian Economics|Keynesian economic concepts]] since Keynes advocated running a government surplus during good economic times and then implement increased government spending during difficult times.<ref>http://www.jstor.org/pss/4538449</ref> Liberals such as Barack Obama [[American Recovery and Reinvestment Act of 2009|advocate massive U.S. government spending]] during a period when the federal government already has a massive amount of existing debt. Furthermore, Obama's colossal government spending was inefficient and [[American Recovery and Reinvestment Act of 2009|did not pull the American economy out of its economic problems]], but merely [[Obama administration fiscal policy|buried the U.S. economy under more debt.]]  
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It is ironic that [[liberal]]s such as Barack Obama advocate [[Keynesian Economics|Keynesian economic concepts]] since [[John Maynard Keynes]] advocated running a government surplus during good economic times and then implement increased government spending during difficult times.<ref>http://www.jstor.org/pss/4538449</ref> Liberals such as Barack Obama [[American Recovery and Reinvestment Act of 2009|advocate massive U.S. government spending]] during a period when the federal government already has a massive amount of existing debt. Furthermore, Obama's colossal government spending was inefficient and [[American Recovery and Reinvestment Act of 2009|did not pull the American economy out of its economic problems]], but merely [[Obama administration fiscal policy|buried the U.S. economy under more debt.]]  
 
   
 
   
 
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