Obama and the Economy

"Change, yes we can" and "change can happen" the famous words of President Obama. This is change to being shaping of many paths that lies ahead. What all this complaining and criticizing about in Capitol Hill and beyond? If a change is to going to make life better for the people, no doubt it is necessary. We, the people cannot sit back and continue to be consumed by situation at hand. It time to embrace for a new change of direction.

The President address the people to say. "That as the President and his administration is doing everything possible to help during this economic crisis. And to pave a way for better days ahead."

President Obama has presented a plan to lead us to better tomorrow. In the plan to stimulate the economy, he included tax cuts, expansion to unemployment benefits, education, health care, infrastructure, , and other welfare reforms.

Recently the President signed a over a $700 billion stimulus bill to get the economy stimulated again. It is projected for an approximately $800-a-year tax cuts for middle-class families. The tax cutting agenda looks something like this, payroll tax credit for worker within the range of $75,000 for individuals and $150,000 for joint filers. And no taxes on first $2,400 a person receives in unemployment compensation benefits during the year. A deduction on car sales taxes.

His current viewpoint is to aid the school districts. Hopefully this will help to minimize layoffs and cutbacks. To provide substantial amount for special education and increase in the pell grants.

He is committed to do what necessary to ensure a quality and affordable health care is in place. As it is necessary to extend this plan to continue health research, training for medical persons and stay abreast with lastest health care technology.

There are reassurances for better highways and bridges in this remain to be seem plan. Other needs addressed in this area is public transportation issues. A need to provide maintenance to the existing public transportation systems.

During this economic crunch, the breadwinner of the family is switching very rapidly. As this recession linger on, more men are becoming unemployed leaving the women to provide financial and emotional support for the family. The reason for this is that the construction and manufacturing jobs are fading more quickly. On the other hand, the medical and education field is keeping more women employed.

The President signed into order the go ahead to further the embryonic stem cell research project. Maybe a breakthrough for better treatments and cures for various diseases.

The people expect great wonders and opportunties for the days ahead. Nothing happens overnight, its a long road to recovery.