Obama s Domestic Policy
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- Lisa Johnston
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1 Obama s Domestic Policy
2 Great Recession Continued
3 High Unemployment Unemployment Peaked: 10% (11/09) Job Losses in 2009 (818,000)
4 American Recovery and Reinvestment Act (ARRA) (Feb 17, 2009) $787 billion Economic Stimulus Package
5 Dodd-Frank Wall Street Reform and Consumer Protection Act July 21, 2010 Prevented lending companies from taking excessive risks that exploit consumers
6 Tax Relief, Unemployment Insurance and Job Creation Act of 2010 (12/17/10) $858 billion in tax relief and extension of unemployment benefits
7 Obama and Deficits $1.4 trillion -$1.2 trillion -$1.2 trillion -$1.1 trillion -$759 billion $475 billion
8 All this spending increases the US National Debt $17.5 Trillion $17,500,000,000,000 (June 2014)
9 Will It Ever Stop?
10 Partisan Differences: National Debt Obama vs. House Republicans Government Shutdown October 1 16, 2013
11 Compromise Made: 10/17/13 Pushed Debt Limit Decision until 2/7/14 Pushed Debt Limit Decision until 12/31/14
12 The Economy is Slowing Improving
13 Stock Market (August 2013) Surpassed 2008 levels
14 Improving Economy Economy Grew (2013) 1.9% (2013: 4 th Quarter: 3.2%) Forbes Magazine
15 Unemployment: 6.3% (April 2014) Lowest unemployment rate of Obama s presidency Bureau of Labor Statistics
16 Major Obama Domestic Goal
17 Why is Health Care a Concern? (Organization of Economic Cooperation and Development)
18 Patient Protection and Affordable Care Act (March 23, 2010) requires all Americans to purchase health insurance or pay a shared responsibility payment to the government.
19 Is the ACA constitutional? Decision: 5 (Y) 4 (N) Supreme Court argued that the law could be considered a tax
20 Summary: Obamacare or ACA Will take effect in stages through 2019 Can be covered under parent s insurance until 26 years old Cannot deny someone health care insurance because of a pre-existing condition Expected Results 32 million additional people expected to be covered by 2019 Will cover 95% of non-elderly legal US residents
21 Criticisms: Obamacare or ACA Should not be mandatory Rollout: Computer glitches and error messages on HealthCare.gov People were not able to keep their old insurance
22 Obama: Civil Rights
23 Repealed: Don t Ask, Don t Tell September 20, 2011
24 Publicly Supported: Same Sex Marriage
25 Civil Rights: Women Obama and the Supreme Court Sonia Sotomayor (2009) Elena Kagan (2010)
26 Next Issue: Stem Cell Research
27 Lifted ban on embryonic stem cell research 3/9/09
28 Stem Cell Hamburger (8/5/13) Cost: $331,400 (Netherlands) Time 8/5/13
29 Obama is Good Shape for 2012
30 2012 Campaign Barack Obama Mitt Romney
31 Presidential Election 2012 Obama: 65,915,796 (51.1%) Romney 60,933,500 (47.2%)
32 Obama: 2 nd Term Domestic Policy
33 Other Events
34 BP Deepwater Horizon Oil Spill Explosion: April 20, 2010 The Worst Oil Spill in US history
35 Gulf of Mexico Oil Spill (87 Days) April 20 July 15, 2010 Almost 5 million barrels of oil leaked By 2013, BP paid $42.2 billion (Forbes 2/5/2013)
36 Hurricane Sandy October 22 31, 2012
37 Hurricane Sandy Largest Atlantic hurricane on record Second costliest hurricane in US history Cost: $50 billion
38 Domestic Terrorism
39 Sandy Hook Massacre Newtown, Connecticut December 14, 2012
40 Sandy Hook Massacre 26 Killed (20 Students and 6 Adults)
41 President Obama (12/16/12) "And in that we come to realize that we bear responsibility for every child, because we're counting on everybody else to help look after ours, that we're all parents, that they are all our children."
42 Boston Marathon Bombing April 15, Killed and 364 Wounded
43 Intelligence Leak: Edward Snowden (June 2013) Worked for the National Security Agency Leaked Classified Information June 14: US charged with espionage
44 June 23, 2013: Snowden Granted Asylum In: Russian President Vladimir Putin
45 The Obama Presidency Continues
46 United States (4) 1. Connecticut 2. Hawaii 3. Illinois 4. Massachusetts
47 1. Afghanistan 2. Egypt 3. Iraq 4. Libya 5. Pakistan 6. Somalia 7. Syria 8. Tunisia Middle East (8)
48
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