Sunday, 14 April 2013

Obama’s Economic Recovery Plan

California Lutheran University

Media and humanity Administration

MPPA 582

April 25, 2009

Obamas Economic convalescence Plan

When President Obamas administration took office on January 20, 2009, the presidents biggest challenge was what his administrations devise was to revive the US economy. Prior to taking office, economic indicators were in a downward spiral and mickle throughout the States were suffering as they witnessed their property values go down, retirement accounts shrink and unemployment levels on the rise. Not since the Great picture has the United States witnessed such a dire economic situation. The major news outlets coverage has been mixed at best. While nigh Americans want President Obama to be successful many argon doubtful the newly elected presidents agenda will win any lasting effect. This paper will analyze how media bias, as it relates to the presidents economic recovery plan, is being used to shape the opinions of the American people.

On February 17, 2009, President Obama signed into law the American Recovery and Reinvestment Act (ARRA). Following the signing of the massive spend bill, Obama commented on the excesses of previous administrations and the private sector as the primary(prenominal) culprits in causing the current economic crisis.

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The current economic crisis is the result of many years of irresponsibility, both in giving medication and in the private sector (The White House, 2009). Obamas recovery plan will focus on creating jobs, keeping Americans in their homes and take stability to the financial markets. The Obama administration believes its first priority is to attain jobs and put Americans back to work. Obama believes the passage of this legislation will economise or create approximately 3.5 million jobs by commit in healthcare, education, energy, and infrastructure. The second component of ARRA is to shore up the declining trapping market. The administration plans to accomplish this by...

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