We've got to eliminate programs that don't work, and we've got to make sure that the programs that we do have are more efficient and cost less.
Barack Obama
The Public Record
Barack Obama served as the 44th President of the United States from January 20, 2009, to January 20, 2017. A member of the Democratic Party, he previously represented Illinois in the U.S. Senate from 2005 to 2008 and served in the Illinois State Senate from 1997 to 2004. Obama is known for his signature policies including the Affordable Care Act, also known as Obamacare, and his efforts in economic recovery following the 2008 financial crisis. His presidency was marked by significant legislative achievements and a focus on healthcare reform, climate change, and foreign policy initiatives such as the Iran nuclear deal.
There's no doubt that the fundamentals of the economy have to be measured by whether or not the middle class is getting a fair shake.
I've put forward a series of proposals that make sure that we protect taxpayers as we engage in this important rescue effort.
What I've found, and I think was confirmed today, is that when you inject presidential politics into delicate negotiations, it's not necessarily as helpful as it needs to be.
Right now, there has to be a sense of urgency on the part of everybody because this is putting jobs at risk, economic growth at risk, small businesses at risk, the financial markets and people's retirement accounts over time, potentially…
What we should be doing is talking about what we expect to do in order to lead the country down the long-term path of economic growth because families were having trouble even before this Wall Street crisis hit.
The time to debate whether climate change is manmade has past - it's time, finally, for America to lead.
It's outrageous that we find ourselves in a position where taxpayers must bear the burden for the greed and irresponsibility of Wall Street and Washington.
Every child - every boy, and every girl - should have the ability to go to school.
This is not a Democratic problem or a Republican problem - this is an American problem.
The government-brokered sale of Washington Mutual is the latest sign of the perilous situation facing our financial system and our economy.
It must be a public-private partnership that draws on the resources, and ideas, and resilience of business and non-profits and faith groups.
Although Americans with deposits at Washington Mutual should rest assured that they are safe under this arrangement, the failures of our financial institutions threaten economic instability, jobs, and the incomes of American families.
This should not be the whole kitchen sink in this thing. It is important to try to have this be as clean as possible, and not try to have the earmarks, not try to have all these add-ones.
This is exactly the time when the American people need to hear from the person who, in approximately 40 days, will be responsible for dealing with this mess.
Presidents are going have to deal with more than one thing at a time. It is not necessary for us to think that we can only do one thing and suspend everything else.





