the 21st-century united states politics & leaders
TRANSCRIPT
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The 21st-Century United StatesPolitics & Leaders
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The Presidency
of Barack Obama
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Election of 2008• Democratic candidates Barack Obama and
Hilary Clinton were choices but Obama was chosen as the Democratic candidate.
• Obama ran against Senator John McCain for the Republican party, who chose Sarah Palin as his running mate
Hilary Clinton & Sarah Palin were two important women in the 2008 election
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Election of 2008
Nominee: Barack Obama John McCainParty: Democratic RepublicanHome state: Illinois ArizonaRunning mate: Joe Biden Sarah PalinElectoral vote: 365 173Popular vote: 69,498,516 59,948,323Percentage: 52.9% 45.7%
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Condition of US at Election• 2007 US in economic recession stemming from
mortgage crisis – worst since Great Depression of 1930s• Unemployment steadily climbing toward 7%• Home foreclosures grew• Sept. 2008 the stock market plunged• $700 billion bailout for banking industry abused• War in Iraq and Afghanistan (war against terrorism)
still going on with more than 4,000 soldiers killed and over 31,000 wounded
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Taking Office• Obama laid out ambitious agenda:• Economic stimulus package and accountability of
institutions to American taxpayers• Draw down war in Iraq & refocus military in
Afghanistan• Reform nation’s healthcare insurance system• Pass new laws to regulate Wall Street• Federal government transparency
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In Office• February 2009—American Recovery and Reinvestment Act
passed (stimulus package)
• March 2010--Patient Protection & Affordable Care Act passed
• August 2010—announce “combat mission in Iraq has ended” with increased military presence in Afghanistan
• July 2010--Dodd–Frank Wall Street Reform and Consumer Protection Act signed
• May 2011—announced the death of al Qaeda leader Osama bin Laden by US Navy Seals
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Barack Obama (Democrat) 65,915,795 51.06% Mitt Romney (Republican) 60,933,504 47.20% Gary Johnson (Libertarian, Independent) 1,275,971 0.99%
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Obama Numbers
2015• 6,371,000 jobs added since 2008• Unemployment 5.1% down from high 10% Oct. 2009• Real weekly earning up 1.7%• Corporate profits have tripled• GDP up 3.7% annual rate in second quarter 2015• Consumer spending grew at a rate of 2.9% in 2nd qtr
2015
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