I had great hopes because the very first thing he tackled was wage discrimination. He was stuck with a horrendous economy in freefall, and the stimulus, despite spending that ought to have been better targeted, had overall good effect. GM and Chrysler were saved from almost certain death, which would have had a huge ripple effect on other parts of the economy.
The Affordable Care Act, a/k/a Obamacare, was not what I wanted, as I think his team took the single-payer option off the table WAY too early. Still, the fact that it doesn’t doom persons with pre-existing conditions to, likely, no insurance is a plus, and I appreciate the provision of keeping young adults on their parents’ policies.
Although he may have become more directed on the issue because of something his Vice-President said “too early,” Continue reading The Obama Presidency: Five Years Down, Three To Go