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Economic policy of the Barack Obama administration - Wikipedia

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vector-toc-level-2"> <a class="vector-toc-link" href="#Healthcare_costs"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.2</span> <span>Healthcare costs</span> </div> </a> <ul id="toc-Healthcare_costs-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Budgetary_impact" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Budgetary_impact"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.3</span> <span>Budgetary impact</span> </div> </a> <ul id="toc-Budgetary_impact-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Public_opinion" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Public_opinion"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.4</span> <span>Public opinion</span> </div> </a> <ul id="toc-Public_opinion-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Control_of_Congress" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#Control_of_Congress"> <div class="vector-toc-text"> <span class="vector-toc-numb">4</span> <span>Control of Congress</span> </div> </a> <ul id="toc-Control_of_Congress-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-The_federal_budget_debates" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#The_federal_budget_debates"> <div class="vector-toc-text"> <span class="vector-toc-numb">5</span> <span>The federal budget debates</span> </div> </a> <button aria-controls="toc-The_federal_budget_debates-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle The federal budget debates subsection</span> </button> <ul id="toc-The_federal_budget_debates-sublist" class="vector-toc-list"> <li id="toc-Debt_ceiling_crises" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Debt_ceiling_crises"> <div class="vector-toc-text"> <span class="vector-toc-numb">5.1</span> <span>Debt ceiling crises</span> </div> </a> <ul id="toc-Debt_ceiling_crises-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Tax_policy" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Tax_policy"> <div class="vector-toc-text"> <span class="vector-toc-numb">5.2</span> <span>Tax policy</span> </div> </a> <ul id="toc-Tax_policy-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Trends_in_deficits_and_debt" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Trends_in_deficits_and_debt"> <div class="vector-toc-text"> <span class="vector-toc-numb">5.3</span> <span>Trends in deficits and debt</span> </div> </a> <ul id="toc-Trends_in_deficits_and_debt-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Summary_of_major_budgetary_legislation" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Summary_of_major_budgetary_legislation"> <div class="vector-toc-text"> <span class="vector-toc-numb">5.4</span> <span>Summary of major budgetary legislation</span> </div> </a> <ul id="toc-Summary_of_major_budgetary_legislation-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Addressing_income_inequality" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#Addressing_income_inequality"> <div class="vector-toc-text"> <span class="vector-toc-numb">6</span> <span>Addressing income inequality</span> </div> </a> <button aria-controls="toc-Addressing_income_inequality-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Addressing income inequality subsection</span> </button> <ul id="toc-Addressing_income_inequality-sublist" class="vector-toc-list"> <li id="toc-Redistribution" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Redistribution"> <div class="vector-toc-text"> <span class="vector-toc-numb">6.1</span> <span>Redistribution</span> </div> </a> <ul id="toc-Redistribution-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Predistribution" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Predistribution"> <div class="vector-toc-text"> <span class="vector-toc-numb">6.2</span> <span>Predistribution</span> </div> </a> <ul id="toc-Predistribution-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Wealth_inequality" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Wealth_inequality"> <div class="vector-toc-text"> <span class="vector-toc-numb">6.3</span> <span>Wealth inequality</span> </div> </a> <ul id="toc-Wealth_inequality-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Trade" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#Trade"> <div class="vector-toc-text"> <span class="vector-toc-numb">7</span> <span>Trade</span> </div> </a> <ul id="toc-Trade-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Economic_results_summary" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#Economic_results_summary"> <div class="vector-toc-text"> <span class="vector-toc-numb">8</span> <span>Economic results summary</span> </div> </a> <button aria-controls="toc-Economic_results_summary-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Economic results summary subsection</span> </button> <ul id="toc-Economic_results_summary-sublist" class="vector-toc-list"> <li id="toc-Overall" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Overall"> <div class="vector-toc-text"> <span class="vector-toc-numb">8.1</span> <span>Overall</span> </div> </a> <ul id="toc-Overall-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Labor_market" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Labor_market"> <div class="vector-toc-text"> <span class="vector-toc-numb">8.2</span> <span>Labor market</span> </div> </a> <ul id="toc-Labor_market-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Households" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Households"> <div class="vector-toc-text"> <span class="vector-toc-numb">8.3</span> <span>Households</span> </div> </a> <ul id="toc-Households-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Businesses_and_markets" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Businesses_and_markets"> <div class="vector-toc-text"> <span class="vector-toc-numb">8.4</span> <span>Businesses and markets</span> </div> </a> <ul id="toc-Businesses_and_markets-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Energy" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Energy"> <div class="vector-toc-text"> <span class="vector-toc-numb">8.5</span> <span>Energy</span> </div> </a> <ul id="toc-Energy-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Comparison_with_subsequent_administrations" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Comparison_with_subsequent_administrations"> <div class="vector-toc-text"> <span class="vector-toc-numb">8.6</span> <span>Comparison with subsequent administrations</span> </div> </a> <ul id="toc-Comparison_with_subsequent_administrations-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Economic_narratives" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#Economic_narratives"> <div class="vector-toc-text"> <span class="vector-toc-numb">9</span> <span>Economic narratives</span> </div> </a> <ul id="toc-Economic_narratives-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Views_before_election" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#Views_before_election"> <div class="vector-toc-text"> <span class="vector-toc-numb">10</span> <span>Views before election</span> </div> </a> <button aria-controls="toc-Views_before_election-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Views before election subsection</span> </button> <ul id="toc-Views_before_election-sublist" class="vector-toc-list"> <li id="toc-Energy_policy" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Energy_policy"> <div class="vector-toc-text"> <span class="vector-toc-numb">10.1</span> <span>Energy policy</span> </div> </a> <ul id="toc-Energy_policy-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Health_care" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Health_care"> <div class="vector-toc-text"> <span class="vector-toc-numb">10.2</span> <span>Health care</span> </div> </a> <ul id="toc-Health_care-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Homes,_mortgages,_mortgage_crisis,_and_real_estate_industry" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Homes,_mortgages,_mortgage_crisis,_and_real_estate_industry"> <div class="vector-toc-text"> <span class="vector-toc-numb">10.3</span> <span>Homes, mortgages, mortgage crisis, and real estate industry</span> </div> </a> <ul id="toc-Homes,_mortgages,_mortgage_crisis,_and_real_estate_industry-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Views_related_to_income_inequality" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Views_related_to_income_inequality"> <div class="vector-toc-text"> <span class="vector-toc-numb">10.4</span> <span>Views related to income inequality</span> </div> </a> <ul id="toc-Views_related_to_income_inequality-sublist" class="vector-toc-list"> <li id="toc-Corporate_governance" class="vector-toc-list-item vector-toc-level-3"> <a class="vector-toc-link" href="#Corporate_governance"> <div class="vector-toc-text"> <span class="vector-toc-numb">10.4.1</span> <span>Corporate governance</span> </div> </a> <ul id="toc-Corporate_governance-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Labor_rights" class="vector-toc-list-item vector-toc-level-3"> <a class="vector-toc-link" href="#Labor_rights"> <div class="vector-toc-text"> <span class="vector-toc-numb">10.4.2</span> <span>Labor rights</span> </div> </a> <ul id="toc-Labor_rights-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Minimum_wage" class="vector-toc-list-item vector-toc-level-3"> <a class="vector-toc-link" href="#Minimum_wage"> <div class="vector-toc-text"> <span class="vector-toc-numb">10.4.3</span> <span>Minimum wage</span> </div> </a> <ul id="toc-Minimum_wage-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Equal_pay" class="vector-toc-list-item vector-toc-level-3"> <a class="vector-toc-link" href="#Equal_pay"> <div class="vector-toc-text"> <span class="vector-toc-numb">10.4.4</span> <span>Equal pay</span> </div> </a> <ul id="toc-Equal_pay-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Education" class="vector-toc-list-item vector-toc-level-3"> <a class="vector-toc-link" href="#Education"> <div class="vector-toc-text"> <span class="vector-toc-numb">10.4.5</span> <span>Education</span> </div> </a> <ul id="toc-Education-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Network_neutrality_and_government_use_of_information_technology" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Network_neutrality_and_government_use_of_information_technology"> <div class="vector-toc-text"> <span class="vector-toc-numb">10.5</span> <span>Network neutrality and government use of information technology</span> </div> </a> <ul id="toc-Network_neutrality_and_government_use_of_information_technology-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Taxation" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Taxation"> <div class="vector-toc-text"> <span class="vector-toc-numb">10.6</span> <span>Taxation</span> </div> </a> <ul id="toc-Taxation-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Social_Security" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Social_Security"> <div class="vector-toc-text"> <span class="vector-toc-numb">10.7</span> <span>Social Security</span> </div> </a> <ul id="toc-Social_Security-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Lobbying_and_campaign_finance_reform" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Lobbying_and_campaign_finance_reform"> <div class="vector-toc-text"> <span class="vector-toc-numb">10.8</span> <span>Lobbying and campaign finance reform</span> </div> </a> <ul id="toc-Lobbying_and_campaign_finance_reform-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Immigration" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Immigration"> <div class="vector-toc-text"> <span class="vector-toc-numb">10.9</span> <span>Immigration</span> </div> </a> <ul id="toc-Immigration-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Affirmative_action" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Affirmative_action"> <div class="vector-toc-text"> <span class="vector-toc-numb">10.10</span> <span>Affirmative action</span> </div> </a> <ul id="toc-Affirmative_action-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Trade_2" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Trade_2"> <div class="vector-toc-text"> <span class="vector-toc-numb">10.11</span> <span>Trade</span> </div> </a> <ul id="toc-Trade_2-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Faith_based_programs" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Faith_based_programs"> <div class="vector-toc-text"> <span class="vector-toc-numb">10.12</span> <span>Faith based programs</span> </div> </a> <ul id="toc-Faith_based_programs-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Government_waste" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Government_waste"> <div class="vector-toc-text"> <span class="vector-toc-numb">10.13</span> <span>Government waste</span> </div> </a> <ul id="toc-Government_waste-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-See_also" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#See_also"> <div class="vector-toc-text"> <span class="vector-toc-numb">11</span> <span>See also</span> </div> </a> <ul id="toc-See_also-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-References" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#References"> <div class="vector-toc-text"> <span class="vector-toc-numb">12</span> <span>References</span> </div> </a> <ul id="toc-References-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-External_links" class="vector-toc-list-item vector-toc-level-1"> <a class="vector-toc-link" href="#External_links"> <div class="vector-toc-text"> <span class="vector-toc-numb">13</span> <span>External links</span> </div> </a> <ul id="toc-External_links-sublist" class="vector-toc-list"> </ul> </li> </ul> </div> </div> </nav> </div> </div> <div class="mw-content-container"> <main id="content" class="mw-body"> 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</div> </div> </div> </nav> <h1 id="firstHeading" class="firstHeading mw-first-heading"><span class="mw-page-title-main">Economic policy of the Barack Obama administration</span></h1> <div id="p-lang-btn" class="vector-dropdown mw-portlet mw-portlet-lang" > <input type="checkbox" id="p-lang-btn-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-p-lang-btn" class="vector-dropdown-checkbox mw-interlanguage-selector" aria-label="Go to an article in another language. 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class="mw-image-border" typeof="mw:File"><a href="/wiki/File:President_Barack_Obama_(cropped)_4.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/9/97/President_Barack_Obama_%28cropped%29_4.jpg/75px-President_Barack_Obama_%28cropped%29_4.jpg" decoding="async" width="75" height="89" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/97/President_Barack_Obama_%28cropped%29_4.jpg/113px-President_Barack_Obama_%28cropped%29_4.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/97/President_Barack_Obama_%28cropped%29_4.jpg/150px-President_Barack_Obama_%28cropped%29_4.jpg 2x" data-file-width="1731" data-file-height="2062" /></a></span></td> <td class="sidebar-person-title" style="background-color: #002466;color: #FFF;"><div><span class="tmp-color" style="color: #FFF">This article is part of <br />a series about</span></div><span class="vcard"><span class="fn"><a href="/wiki/Barack_Obama" title="Barack Obama"><span class="tmpl-colored-link" style="color: #FFF; text-decoration: inherit;">Barack Obama</span></a></span></span></td> </tr></tbody></table></th></tr><tr><td class="sidebar-content"> <hr /> <div class="hidden-begin mw-collapsible mw-collapsed" style=""><div class="hidden-title skin-nightmode-reset-color" style="">Personal</div><div class="hidden-content mw-collapsible-content" style="text-align:center;"> <ul><li><a href="/wiki/Early_life_and_career_of_Barack_Obama" title="Early life and career of Barack Obama">Early life and career</a></li> <li><a href="/wiki/Family_of_Barack_Obama" title="Family of Barack Obama">Family</a></li> <li><a href="/wiki/List_of_honors_and_awards_received_by_Barack_Obama" class="mw-redirect" title="List of honors and awards received by Barack Obama">Honors</a></li> <li><a href="/wiki/Public_image_of_Barack_Obama" title="Public image of Barack Obama">Public image</a></li> <li>Publications <ul><li><i><a href="/wiki/Dreams_from_My_Father" title="Dreams from My Father">Dreams from My Father</a></i></li> <li><i><a href="/wiki/The_Audacity_of_Hope" title="The Audacity of Hope">The Audacity of Hope</a></i></li> <li><i><a href="/wiki/A_Promised_Land" title="A Promised Land">A Promised Land</a></i></li></ul></li> <li><a href="/wiki/Barack_Obama%27s_summer_playlist" title="Barack Obama&#39;s summer playlist">Summer playlist</a></li> <li>Non-profit organizations <ul><li><a href="/wiki/Obama_Foundation" title="Obama Foundation">Obama Foundation</a></li> <li><a href="/wiki/One_America_Appeal" title="One America Appeal">One America Appeal</a></li></ul></li></ul> </div></div> <hr /> <div class="hidden-begin mw-collapsible mw-collapsed" style=""><div class="hidden-title skin-nightmode-reset-color" style="">Illinois State Senator and U.S. Senator from Illinois</div><div class="hidden-content mw-collapsible-content" style="text-align:center;"> <ul><li><a href="/wiki/Illinois_Senate_career_of_Barack_Obama" title="Illinois Senate career of Barack Obama">Illinois State Senate tenure</a></li> <li><a href="/wiki/2004_Democratic_National_Convention_keynote_address" title="2004 Democratic National Convention keynote address">2004 DNC keynote address</a></li> <li><a href="/wiki/United_States_Senate_career_of_Barack_Obama" class="mw-redirect" title="United States Senate career of Barack Obama">U.S. Senate tenure</a> <ul><li><a href="/wiki/2004_United_States_Senate_election_in_Illinois" title="2004 United States Senate election in Illinois">2004 election</a></li> <li><a href="/wiki/List_of_bills_sponsored_by_Barack_Obama_in_the_United_States_Senate" title="List of bills sponsored by Barack Obama in the United States Senate">sponsored bills</a></li></ul></li></ul> </div></div> <hr /> <div class="hidden-begin mw-collapsible mw-collapsed" style=""><div class="hidden-title skin-nightmode-reset-color" style="">44th President of the United States</div><div class="hidden-content mw-collapsible-content" style="text-align:center;"> <ul><li><a href="/wiki/Presidency_of_Barack_Obama" title="Presidency of Barack Obama">Presidency</a> <ul><li><a href="/wiki/Timeline_of_the_Barack_Obama_presidency" title="Timeline of the Barack Obama presidency">timeline</a></li></ul></li> <li><a href="/wiki/Presidential_transition_of_Barack_Obama" title="Presidential transition of Barack Obama">Transition</a></li> <li>Inaugurations <ul><li><a href="/wiki/First_inauguration_of_Barack_Obama" title="First inauguration of Barack Obama">first</a></li> <li><a href="/wiki/Second_inauguration_of_Barack_Obama" title="Second inauguration of Barack Obama">second</a></li></ul></li> <li><a href="/wiki/List_of_presidential_trips_made_by_Barack_Obama" title="List of presidential trips made by Barack Obama">Trips</a> <ul><li><a href="/wiki/List_of_international_presidential_trips_made_by_Barack_Obama" title="List of international presidential trips made by Barack Obama">international</a></li></ul></li> <li><a href="/wiki/Barack_Obama_Presidential_Center" title="Barack Obama Presidential Center">Presidential library</a></li></ul> </div></div> <hr /> <div class="hidden-begin mw-collapsible mw-collapsed" style=""><div class="hidden-title skin-nightmode-reset-color" style="">Tenure</div><div class="hidden-content mw-collapsible-content" style="text-align:center;"> <ul><li><a href="/wiki/First_100_days_of_the_Barack_Obama_presidency" title="First 100 days of the Barack Obama presidency">First 100 days</a></li> <li><a href="/wiki/American_Recovery_and_Reinvestment_Act_of_2009" title="American Recovery and Reinvestment Act of 2009">Recovery Act</a></li> <li><a href="/wiki/New_START" title="New START">Russia nuclear treaty</a></li> <li><a href="/wiki/2009_Nobel_Peace_Prize" title="2009 Nobel Peace Prize">Nobel Peace Prize</a></li> <li><a href="/wiki/Affordable_Care_Act" title="Affordable Care Act">Affordable Care Act</a></li> <li><a href="/wiki/Dodd%E2%80%93Frank_Wall_Street_Reform_and_Consumer_Protection_Act" title="Dodd–Frank Wall Street Reform and Consumer Protection Act">Dodd–Frank</a></li> <li><a href="/wiki/Withdrawal_of_United_States_troops_from_Iraq_(2007%E2%80%932011)" title="Withdrawal of United States troops from Iraq (2007–2011)">Iraq withdrawal</a></li> <li><a href="/wiki/Killing_of_Osama_bin_Laden" title="Killing of Osama bin Laden">Killing of Osama bin Laden</a></li> <li><a href="/wiki/2011_United_States_debt-ceiling_crisis" title="2011 United States debt-ceiling crisis">2011 debt-ceiling crisis</a></li> <li><a href="/wiki/2011_military_intervention_in_Libya" title="2011 military intervention in Libya">Libya intervention</a></li> <li><a href="/wiki/Withdrawal_of_United_States_troops_from_Afghanistan_(2011%E2%80%932016)" title="Withdrawal of United States troops from Afghanistan (2011–2016)">Afghanistan withdrawal</a></li> <li><a href="/wiki/2012_Benghazi_attack" title="2012 Benghazi attack">Benghazi attack</a></li> <li><a href="/wiki/2013_United_States_debt-ceiling_crisis" title="2013 United States debt-ceiling crisis">2013 debt-ceiling crisis</a></li> <li><a href="/wiki/War_against_the_Islamic_State" title="War against the Islamic State">Anti-ISIL campaign</a> <ul><li><a href="/wiki/US-led_intervention_in_Iraq_(2014%E2%80%932021)" title="US-led intervention in Iraq (2014–2021)">Iraq</a></li> <li><a href="/wiki/US_intervention_in_the_Syrian_civil_war" title="US intervention in the Syrian civil war">Syria</a></li></ul></li> <li><a href="/wiki/Barack_Obama_tan_suit_controversy" title="Barack Obama tan suit controversy">Tan suit controversy</a></li> <li><a href="/wiki/Joint_Comprehensive_Plan_of_Action" title="Joint Comprehensive Plan of Action">Iran nuclear deal</a></li> <li><a href="/wiki/Cuban_thaw" title="Cuban thaw">Cuban thaw</a></li> <li><a href="/wiki/International_sanctions_during_the_Russo-Ukrainian_War" title="International sanctions during the Russo-Ukrainian War">Sanctions against Russia</a></li> <li><a href="/wiki/Barack_Obama_Selma_50th_anniversary_speech" title="Barack Obama Selma 50th anniversary speech">Selma 50th anniversary speech</a></li> <li><a href="/wiki/Paris_Agreement" title="Paris Agreement">Paris Agreement</a></li></ul> </div></div> <hr /> <div class="hidden-begin mw-collapsible mw-collapsed" style=""><div class="hidden-title skin-nightmode-reset-color" style=""><a href="/wiki/Political_positions_of_Barack_Obama" title="Political positions of Barack Obama">Policies</a></div><div class="hidden-content mw-collapsible-content" style="text-align:center;"> <ul><li><a class="mw-selflink selflink">Economy</a></li> <li><a href="/wiki/Energy_policy_of_the_Barack_Obama_administration" title="Energy policy of the Barack Obama administration">Energy</a></li> <li><a href="/wiki/Foreign_policy_of_the_Barack_Obama_administration" title="Foreign policy of the Barack Obama administration">Foreign policy</a> <ul><li><a href="/wiki/Arctic_policy_of_Barack_Obama" title="Arctic policy of Barack Obama">Arctic</a></li> <li><a href="/wiki/European_foreign_policy_of_the_Barack_Obama_administration" title="European foreign policy of the Barack Obama administration">Europe</a></li> <li><a href="/wiki/East_Asian_foreign_policy_of_the_Barack_Obama_administration" title="East Asian foreign policy of the Barack Obama administration">East Asia</a></li> <li><a href="/wiki/Middle_Eastern_foreign_policy_of_the_Barack_Obama_administration" title="Middle Eastern foreign policy of the Barack Obama administration">Middle East</a></li> <li><a href="/wiki/South_Asian_foreign_policy_of_the_Barack_Obama_administration" title="South Asian foreign policy of the Barack Obama administration">South Asia</a></li> <li><a href="/wiki/Obama_Doctrine" title="Obama Doctrine">Obama Doctrine</a></li></ul></li> <li><a href="/wiki/List_of_people_granted_executive_clemency_by_Barack_Obama" title="List of people granted executive clemency by Barack Obama">Pardons</a></li> <li><a href="/wiki/Marine_policy_of_the_Barack_Obama_administration" title="Marine policy of the Barack Obama administration">Marine</a></li> <li><a href="/wiki/Native_American_policy_of_the_Barack_Obama_administration" title="Native American policy of the Barack Obama administration">Native</a></li> <li><a href="/wiki/Social_policy_of_the_Barack_Obama_administration" title="Social policy of the Barack Obama administration">Social</a></li> <li><a href="/wiki/Space_policy_of_the_Barack_Obama_administration" title="Space policy of the Barack Obama administration">Space</a></li></ul> </div></div> <hr /> <div class="hidden-begin mw-collapsible mw-collapsed" style=""><div class="hidden-title skin-nightmode-reset-color" style="">Appointments</div><div class="hidden-content mw-collapsible-content" style="text-align:center;"> <ul><li><a href="/wiki/Cabinet_of_Barack_Obama" title="Cabinet of Barack Obama">Cabinet</a></li> <li><a href="/wiki/List_of_federal_judges_appointed_by_Barack_Obama" title="List of federal judges appointed by Barack Obama">Judiciary</a> <ul><li><a href="/wiki/Sonia_Sotomayor_Supreme_Court_nomination" title="Sonia Sotomayor Supreme Court nomination">Sotomayor</a></li> <li><a href="/wiki/Elena_Kagan_Supreme_Court_nomination" title="Elena Kagan Supreme Court nomination">Kagan</a></li> <li><a href="/wiki/Merrick_Garland_Supreme_Court_nomination" title="Merrick Garland Supreme Court nomination">Garland</a></li> <li><a href="/wiki/Barack_Obama_Supreme_Court_candidates" title="Barack Obama Supreme Court candidates">Supreme Court candidates</a></li></ul></li></ul> </div></div> <hr /> <div class="hidden-begin mw-collapsible mw-collapsed" style=""><div class="hidden-title skin-nightmode-reset-color" style=""><a href="/wiki/Electoral_history_of_Barack_Obama" title="Electoral history of Barack Obama">Presidential campaigns</a></div><div class="hidden-content mw-collapsible-content" style="text-align:center;"> <ul><li><a href="/wiki/Barack_Obama_2008_presidential_campaign" title="Barack Obama 2008 presidential campaign">2008</a> <ul><li><a href="/wiki/2008_United_States_presidential_election" title="2008 United States presidential election">election</a></li> <li><a href="/wiki/2008_Democratic_Party_presidential_primaries" title="2008 Democratic Party presidential primaries">primaries</a></li> <li><a href="/wiki/2008_Democratic_National_Convention" title="2008 Democratic National Convention">convention</a></li> <li><a href="/wiki/2008_United_States_presidential_debates" title="2008 United States presidential debates">debates</a></li> <li><a href="/wiki/Obama_coalition" title="Obama coalition">Obama coalition</a></li></ul></li> <li><a href="/wiki/Barack_Obama_2012_presidential_campaign" title="Barack Obama 2012 presidential campaign">2012</a> <ul><li><a href="/wiki/2012_United_States_presidential_election" title="2012 United States presidential election">election</a></li> <li><a href="/wiki/2012_Democratic_Party_presidential_primaries" title="2012 Democratic Party presidential primaries">primaries</a></li> <li><a href="/wiki/2012_Democratic_National_Convention" title="2012 Democratic National Convention">convention</a></li> <li><a href="/wiki/2012_United_States_presidential_debates" title="2012 United States presidential debates">debates</a></li></ul></li></ul> </div></div> <hr /> <div class="skin-invert-image"><span class="notpageimage" typeof="mw:File"><a href="/wiki/Barack_Obama" title="Barack Obama&#39;s signature"><img alt="Barack Obama&#39;s signature" src="//upload.wikimedia.org/wikipedia/commons/thumb/1/11/Barack_Obama_signature.svg/150px-Barack_Obama_signature.svg.png" decoding="async" width="150" height="36" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/11/Barack_Obama_signature.svg/225px-Barack_Obama_signature.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/11/Barack_Obama_signature.svg/300px-Barack_Obama_signature.svg.png 2x" data-file-width="512" data-file-height="124" /></a></span></div> <span typeof="mw:File"><span><img alt="Seal of the President of the United States" src="//upload.wikimedia.org/wikipedia/commons/thumb/3/36/Seal_of_the_President_of_the_United_States.svg/70px-Seal_of_the_President_of_the_United_States.svg.png" decoding="async" width="70" height="70" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/3/36/Seal_of_the_President_of_the_United_States.svg/105px-Seal_of_the_President_of_the_United_States.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/3/36/Seal_of_the_President_of_the_United_States.svg/140px-Seal_of_the_President_of_the_United_States.svg.png 2x" data-file-width="2424" data-file-height="2425" /></span></span></td> </tr><tr><td class="sidebar-navbar"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><style data-mw-deduplicate="TemplateStyles:r1239400231">.mw-parser-output .navbar{display:inline;font-size:88%;font-weight:normal}.mw-parser-output .navbar-collapse{float:left;text-align:left}.mw-parser-output .navbar-boxtext{word-spacing:0}.mw-parser-output .navbar ul{display:inline-block;white-space:nowrap;line-height:inherit}.mw-parser-output .navbar-brackets::before{margin-right:-0.125em;content:"[ "}.mw-parser-output .navbar-brackets::after{margin-left:-0.125em;content:" ]"}.mw-parser-output .navbar li{word-spacing:-0.125em}.mw-parser-output .navbar a>span,.mw-parser-output .navbar a>abbr{text-decoration:inherit}.mw-parser-output .navbar-mini abbr{font-variant:small-caps;border-bottom:none;text-decoration:none;cursor:inherit}.mw-parser-output .navbar-ct-full{font-size:114%;margin:0 7em}.mw-parser-output .navbar-ct-mini{font-size:114%;margin:0 4em}html.skin-theme-clientpref-night .mw-parser-output .navbar li a abbr{color:var(--color-base)!important}@media(prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .navbar li a abbr{color:var(--color-base)!important}}@media print{.mw-parser-output .navbar{display:none!important}}</style><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Barack_Obama_series" title="Template:Barack Obama series"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Barack_Obama_series" title="Template talk:Barack Obama series"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Barack_Obama_series" title="Special:EditPage/Template:Barack Obama series"><abbr title="Edit this template">e</abbr></a></li></ul></div></td></tr></tbody></table><p>The <b>economic policy of the Barack Obama administration</b>, or in its colloquial <a href="/wiki/Portmanteau" class="mw-redirect" title="Portmanteau">portmanteau</a> form <b>"Obamanomics"</b>, was characterized by moderate tax increases on higher income Americans designed to fund <a href="/wiki/Health_care_reform" title="Health care reform">health care reform</a>, reduce the <a href="/wiki/United_States_federal_budget#Deficits_and_debt" title="United States federal budget">federal budget deficit</a>, and decrease <a href="/wiki/Income_inequality_in_the_United_States" title="Income inequality in the United States">income inequality</a>. President Obama's first term (2009–2013) included measures designed to address the <a href="/wiki/Great_Recession" title="Great Recession">Great Recession</a> and <a href="/wiki/Subprime_mortgage_crisis" title="Subprime mortgage crisis">subprime mortgage crisis</a>, which began in 2007. These included a major stimulus package, banking regulation, and comprehensive healthcare reform. As the economy improved and job creation continued during his second term (2013–2017), the <a href="/wiki/Bush_tax_cuts" title="Bush tax cuts">Bush tax cuts</a> were allowed to expire for the highest income taxpayers and a spending sequester (cap) was implemented, to further reduce the deficit back to typical historical levels. The number of persons without health insurance was reduced by 20 million, reaching a record low level as a percent of the population. By the end of his second term, the number of persons with jobs, real median household income, stock market, and real household net worth were all at record levels, while the unemployment rate was well below historical average.<sup id="cite_ref-RSKrugman1_1-0" class="reference"><a href="#cite_note-RSKrugman1-1"><span class="cite-bracket">&#91;</span>1<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-Obama_Inequality_2-0" class="reference"><a href="#cite_note-Obama_Inequality-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-Politico_Awesome_3-0" class="reference"><a href="#cite_note-Politico_Awesome-3"><span class="cite-bracket">&#91;</span>3<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-Factcheck_Inherits_4-0" class="reference"><a href="#cite_note-Factcheck_Inherits-4"><span class="cite-bracket">&#91;</span>4<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-Factcheck_Obama#_5-0" class="reference"><a href="#cite_note-Factcheck_Obama#-5"><span class="cite-bracket">&#91;</span>5<span class="cite-bracket">&#93;</span></a></sup> </p><meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Overview">Overview</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=1" title="Edit section: Overview"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-default-size mw-halign-right" typeof="mw:File/Thumb"><span><video id="mwe_player_0" poster="//upload.wikimedia.org/wikipedia/commons/thumb/a/a5/20090124_WeeklyAddress.ogv/220px-seek%3D63-20090124_WeeklyAddress.ogv.jpg" controls="" preload="none" data-mw-tmh="" class="mw-file-element" width="220" height="124" data-durationhint="304" data-mwtitle="20090124_WeeklyAddress.ogv" data-mwprovider="wikimediacommons" resource="/wiki/File:20090124_WeeklyAddress.ogv"><source src="//upload.wikimedia.org/wikipedia/commons/transcoded/a/a5/20090124_WeeklyAddress.ogv/20090124_WeeklyAddress.ogv.480p.vp9.webm" type="video/webm; codecs=&quot;vp9, opus&quot;" data-transcodekey="480p.vp9.webm" data-width="854" data-height="480" /><source src="//upload.wikimedia.org/wikipedia/commons/transcoded/a/a5/20090124_WeeklyAddress.ogv/20090124_WeeklyAddress.ogv.720p.vp9.webm" type="video/webm; codecs=&quot;vp9, opus&quot;" data-transcodekey="720p.vp9.webm" data-width="1280" data-height="720" /><source src="//upload.wikimedia.org/wikipedia/commons/a/a5/20090124_WeeklyAddress.ogv" type="video/ogg; codecs=&quot;theora, vorbis&quot;" data-width="1280" data-height="720" /><source src="//upload.wikimedia.org/wikipedia/commons/transcoded/a/a5/20090124_WeeklyAddress.ogv/20090124_WeeklyAddress.ogv.144p.mjpeg.mov" type="video/quicktime" data-transcodekey="144p.mjpeg.mov" data-width="256" data-height="144" /><source src="//upload.wikimedia.org/wikipedia/commons/transcoded/a/a5/20090124_WeeklyAddress.ogv/20090124_WeeklyAddress.ogv.240p.vp9.webm" type="video/webm; codecs=&quot;vp9, opus&quot;" data-transcodekey="240p.vp9.webm" data-width="426" data-height="240" /><source src="//upload.wikimedia.org/wikipedia/commons/transcoded/a/a5/20090124_WeeklyAddress.ogv/20090124_WeeklyAddress.ogv.360p.vp9.webm" type="video/webm; codecs=&quot;vp9, opus&quot;" data-transcodekey="360p.vp9.webm" data-width="640" data-height="360" /><source src="//upload.wikimedia.org/wikipedia/commons/transcoded/a/a5/20090124_WeeklyAddress.ogv/20090124_WeeklyAddress.ogv.360p.webm" type="video/webm; codecs=&quot;vp8, vorbis&quot;" data-transcodekey="360p.webm" data-width="640" data-height="360" /><track src="https://commons.wikimedia.org/w/api.php?action=timedtext&amp;title=File%3A20090124_WeeklyAddress.ogv&amp;lang=en&amp;trackformat=vtt&amp;origin=%2A" kind="subtitles" type="text/vtt" srclang="en" label="English ‪(en)‬" data-dir="ltr" /><track src="https://commons.wikimedia.org/w/api.php?action=timedtext&amp;title=File%3A20090124_WeeklyAddress.ogv&amp;lang=vi&amp;trackformat=vtt&amp;origin=%2A" kind="subtitles" type="text/vtt" srclang="vi" label="Tiếng Việt ‪(vi)‬" data-dir="ltr" /></video></span><figcaption>Obama presents his first <a href="https://commons.wikimedia.org/wiki/Obama_Administration_weekly_video_addresses" class="extiw" title="commons:Obama Administration weekly video addresses">weekly address</a> as President of the United States on January 24, 2009, discussing the <a href="/wiki/American_Recovery_and_Reinvestment_Act_of_2009" title="American Recovery and Reinvestment Act of 2009">American Recovery and Reinvestment Act of 2009</a></figcaption></figure> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:Job_Growth_by_U.S._President_-_v1.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/9/9f/Job_Growth_by_U.S._President_-_v1.png/400px-Job_Growth_by_U.S._President_-_v1.png" decoding="async" width="400" height="226" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/9f/Job_Growth_by_U.S._President_-_v1.png/600px-Job_Growth_by_U.S._President_-_v1.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/9f/Job_Growth_by_U.S._President_-_v1.png/800px-Job_Growth_by_U.S._President_-_v1.png 2x" data-file-width="1334" data-file-height="754" /></a><figcaption>Job Growth by U.S. president, measured as cumulative percentage change from month after inauguration to end of term.</figcaption></figure> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:US_real_median_household_income._Timeline.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/9/96/US_real_median_household_income._Timeline.png/400px-US_real_median_household_income._Timeline.png" decoding="async" width="400" height="137" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/96/US_real_median_household_income._Timeline.png/600px-US_real_median_household_income._Timeline.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/96/US_real_median_household_income._Timeline.png/800px-US_real_median_household_income._Timeline.png 2x" data-file-width="1318" data-file-height="450" /></a><figcaption>2016 was the first year U.S. real (inflation-adjusted) median household income surpassed 1999 levels.</figcaption></figure> <p>President Obama was inaugurated in January 2009, in the depths of the <a href="/wiki/Great_Recession" title="Great Recession">Great Recession</a> and a severe <a href="/wiki/Subprime_mortgage_crisis" title="Subprime mortgage crisis">financial crisis</a> that began in 2007. His administration continued the banking <a href="/wiki/Troubled_Asset_Relief_Program" title="Troubled Asset Relief Program">bailout</a> and auto industry <a href="/wiki/Effects_of_the_2008%E2%80%9310_automotive_industry_crisis_on_the_United_States" class="mw-redirect" title="Effects of the 2008–10 automotive industry crisis on the United States">rescue</a> begun by the previous administration and immediately enacted an $800 billion stimulus program, the <a href="/wiki/American_Recovery_and_Reinvestment_Act_of_2009" title="American Recovery and Reinvestment Act of 2009">American Recovery and Reinvestment Act of 2009</a> (ARRA), which included a blend of additional spending and tax cuts. By March 2010, the private sector began creating jobs consistently each month, a trend which continued through the end of his tenure, while public sector employment was slower to recover due to budget cuts.<sup id="cite_ref-RSKrugman1_1-1" class="reference"><a href="#cite_note-RSKrugman1-1"><span class="cite-bracket">&#91;</span>1<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-Obama_Inequality_2-1" class="reference"><a href="#cite_note-Obama_Inequality-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup> </p><p>President Obama followed with the 2010 <a href="/wiki/Patient_Protection_and_Affordable_Care_Act" class="mw-redirect" title="Patient Protection and Affordable Care Act">Patient Protection and Affordable Care Act</a> (ACA), commonly referred to as "Obamacare". By 2016, the law covered approximately 24 million people with health insurance via a combination of state healthcare exchanges and an extension of Medicaid.<sup id="cite_ref-CBO_ACA1_6-0" class="reference"><a href="#cite_note-CBO_ACA1-6"><span class="cite-bracket">&#91;</span>6<span class="cite-bracket">&#93;</span></a></sup> It lowered the rate of those without health insurance from approximately 16% in 2010 to 9% by 2015.<sup id="cite_ref-CDC1_7-0" class="reference"><a href="#cite_note-CDC1-7"><span class="cite-bracket">&#91;</span>7<span class="cite-bracket">&#93;</span></a></sup> Throughout his tenure, healthcare costs continued to moderate. For example, healthcare premiums for those covered by employers rose by 69% from 2000 to 2005, but only 27% from 2010 to 2015.<sup id="cite_ref-Kaiser15_8-0" class="reference"><a href="#cite_note-Kaiser15-8"><span class="cite-bracket">&#91;</span>8<span class="cite-bracket">&#93;</span></a></sup> </p><p>By 2017, nearly 70% of those on the ACA marketplace exchanges could purchase insurance for less than $75/month after subsidies.<sup id="cite_ref-NPR1_9-0" class="reference"><a href="#cite_note-NPR1-9"><span class="cite-bracket">&#91;</span>9<span class="cite-bracket">&#93;</span></a></sup> The ACA was evaluated multiple times by the <a href="/wiki/Congressional_Budget_Office" title="Congressional Budget Office">Congressional Budget Office</a> (CBO), which scored it as a moderate deficit reducer, as it included tax hikes primarily on high income taxpayers (roughly the top 5%) and reductions in future Medicare cost increases, offsetting subsidy costs.<sup id="cite_ref-CBO_June15_10-0" class="reference"><a href="#cite_note-CBO_June15-10"><span class="cite-bracket">&#91;</span>10<span class="cite-bracket">&#93;</span></a></sup> No Republicans in the House or Senate voted for the law.<sup id="cite_ref-RSKrugman1_1-2" class="reference"><a href="#cite_note-RSKrugman1-1"><span class="cite-bracket">&#91;</span>1<span class="cite-bracket">&#93;</span></a></sup> </p><p>To address the excesses in the banking sector that precipitated the crisis, Obama signed the 2010 <a href="/wiki/Dodd%E2%80%93Frank_Wall_Street_Reform_and_Consumer_Protection_Act" title="Dodd–Frank Wall Street Reform and Consumer Protection Act">Dodd–Frank Wall Street Reform and Consumer Protection Act</a>. This law limited bank risk-taking and overhauled the outdated regulatory regime that was ineffective in monitoring the non-depository or <a href="/wiki/Shadow_banking" class="mw-redirect" title="Shadow banking">shadow banking</a> sector at the core of the crisis, which had outgrown the traditional depository banking sector. It also created the <a href="/wiki/Consumer_Financial_Protection_Bureau" title="Consumer Financial Protection Bureau">Consumer Financial Protection Bureau</a>. However, it did not breakup the largest banks (which had grown even larger due to forced mergers during the crisis) or separate investment and depository banking, as the <a href="/wiki/Glass-Steagal_Act" class="mw-redirect" title="Glass-Steagal Act">Glass-Steagal Act</a> had done. Only a few Republicans in Congress voted for the law.<sup id="cite_ref-RSKrugman1_1-3" class="reference"><a href="#cite_note-RSKrugman1-1"><span class="cite-bracket">&#91;</span>1<span class="cite-bracket">&#93;</span></a></sup> </p><p>During his first two years, President Obama had a majority in the House and the Senate, which coincided with the <a href="/wiki/111th_United_States_Congress" title="111th United States Congress">111th United States Congress</a>, considered to have been one of the most productive Congresses in terms of legislation passed since the <a href="/wiki/89th_United_States_Congress" title="89th United States Congress">89th Congress</a>, during <a href="/wiki/Lyndon_B._Johnson" title="Lyndon B. Johnson">Lyndon Johnson's</a> <a href="/wiki/Great_Society" title="Great Society">Great Society</a>.<sup id="cite_ref-CARL_HULSE_and_DAVID_M._HERSZENHORN_11-0" class="reference"><a href="#cite_note-CARL_HULSE_and_DAVID_M._HERSZENHORN-11"><span class="cite-bracket">&#91;</span>11<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-David_A._Fahrenthold,_Philip_Rucker_and_Felicia_Sonmez_12-0" class="reference"><a href="#cite_note-David_A._Fahrenthold,_Philip_Rucker_and_Felicia_Sonmez-12"><span class="cite-bracket">&#91;</span>12<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-Lisa_Lerer_&amp;_Laura_Litvan_13-0" class="reference"><a href="#cite_note-Lisa_Lerer_&amp;_Laura_Litvan-13"><span class="cite-bracket">&#91;</span>13<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-Guy_Raz_14-0" class="reference"><a href="#cite_note-Guy_Raz-14"><span class="cite-bracket">&#91;</span>14<span class="cite-bracket">&#93;</span></a></sup> However, in the November 2010 elections, the Republicans won the House majority and reduced the Democratic majority in the Senate. He faced either a split or Republican Congress thereafter, limiting his economic legislation to mainly budgetary matters. </p><p>The <a href="/wiki/Great_Recession" title="Great Recession">Great Recession</a> had caused federal government revenues to fall to their lowest level relative to the size of the economy in 50 years. At the same time, safety net expenditures (including automatic stabilizers such as unemployment compensation and disability payments) and stimulus measures caused expenditures to rise considerably. This drove the budget deficit up, creating significant debt concerns. This resulted in a series of bruising debates with the Republican Congress. </p><p>President Obama signed the <a href="/wiki/American_Taxpayer_Relief_Act_of_2012" title="American Taxpayer Relief Act of 2012">American Taxpayer Relief Act of 2012</a>, which included the expiration of the <a href="/wiki/Bush_tax_cuts" title="Bush tax cuts">Bush tax cuts</a> for high income earners and implemented a sequester (cap) on spending for the military and other discretionary categories of spending. Compared against a baseline where the Bush tax cuts were allowed to expire on schedule in 2010 for all levels of income, it significantly increased future deficits. Compared against the prior years, it significantly reduced the deficit and limited future cost increases. This law and the recovering economy lowered the deficit back to the historical average relative to GDP by 2014.<sup id="cite_ref-RSKrugman1_1-4" class="reference"><a href="#cite_note-RSKrugman1-1"><span class="cite-bracket">&#91;</span>1<span class="cite-bracket">&#93;</span></a></sup> </p><p>With the economy recovering and major budget legislation behind him, President Obama began to shift to another priority, income and wealth <a href="/wiki/Income_inequality_in_the_United_States" title="Income inequality in the United States">inequality</a>. From 1950 to 1979, the top 1% earned roughly a 10% share of the income. However, this had risen to 24% by 2007, due to a combination of globalization, automation, and policy changes that weakened worker's bargaining position relative to capital (owners).<sup id="cite_ref-ES1_15-0" class="reference"><a href="#cite_note-ES1-15"><span class="cite-bracket">&#91;</span>15<span class="cite-bracket">&#93;</span></a></sup> He referred to the widening income gap as the "defining challenge of our time" during 2013.<sup id="cite_ref-pbs.org_16-0" class="reference"><a href="#cite_note-pbs.org-16"><span class="cite-bracket">&#91;</span>16<span class="cite-bracket">&#93;</span></a></sup> His tax increases on higher-income taxpayers raised their effective tax rates starting in 2013, helping address after-tax income inequality,<sup id="cite_ref-CBO_IE2016_17-0" class="reference"><a href="#cite_note-CBO_IE2016-17"><span class="cite-bracket">&#91;</span>17<span class="cite-bracket">&#93;</span></a></sup> while job creation remained robust. </p><p><a href="/wiki/Wealth_inequality_in_the_United_States" title="Wealth inequality in the United States">Wealth inequality</a> had also risen similarly, with the share of wealth owned by the top 1% rising from 24% in 1979 to 36% by 2007.<sup id="cite_ref-ES1_15-1" class="reference"><a href="#cite_note-ES1-15"><span class="cite-bracket">&#91;</span>15<span class="cite-bracket">&#93;</span></a></sup> While U.S. household net worth rose nearly 30% from its pre-crisis peak in 2007 to 2016,<sup id="cite_ref-FRED_HH_18-0" class="reference"><a href="#cite_note-FRED_HH-18"><span class="cite-bracket">&#91;</span>18<span class="cite-bracket">&#93;</span></a></sup> much of this gain went to the wealthiest Americans, as it had prior to his tenure. By 2015, the share of wealth owned by the top 1% reached 42%.<sup id="cite_ref-ES1_15-2" class="reference"><a href="#cite_note-ES1-15"><span class="cite-bracket">&#91;</span>15<span class="cite-bracket">&#93;</span></a></sup> </p><p>President Obama also attempted to address inequality before taxes (i.e., market income), with infrastructure investment to create middle-class jobs and a federally-mandated increase in the minimum wage. While the latter was defeated by the Republican Congress, many states did increase their minimum wages, due in part to his support.<sup id="cite_ref-RSKrugman1_1-5" class="reference"><a href="#cite_note-RSKrugman1-1"><span class="cite-bracket">&#91;</span>1<span class="cite-bracket">&#93;</span></a></sup> During late 2015, the House and Senate, in rare bipartisan form, passed the largest infrastructure package in a decade, the <a href="/wiki/Fixing_America%27s_Surface_Transportation_Act" title="Fixing America&#39;s Surface Transportation Act">Fixing America's Surface Transportation Act</a>.<sup id="cite_ref-Atlantic_Infra15_19-0" class="reference"><a href="#cite_note-Atlantic_Infra15-19"><span class="cite-bracket">&#91;</span>19<span class="cite-bracket">&#93;</span></a></sup> </p><p>The cumulative changes in several economic variables from the start of his tenure in January 2009 to late 2016 were: Stock markets +180%; Corporate profits +112%; Auto sales +85%; Home prices +24%; Real GDP +15%; Number of jobs +8%; and number of Americans without health insurance -39%. While the annual federal deficit was down 58%, the national debt was up 88%.<sup id="cite_ref-NYT_16Charts_20-0" class="reference"><a href="#cite_note-NYT_16Charts-20"><span class="cite-bracket">&#91;</span>20<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Responding_to_the_Great_Recession">Responding to the Great Recession</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=2" title="Edit section: Responding to the Great Recession"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:US_Employment_Statistics.svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/2/25/US_Employment_Statistics.svg/400px-US_Employment_Statistics.svg.png" decoding="async" width="400" height="240" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/2/25/US_Employment_Statistics.svg/600px-US_Employment_Statistics.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/2/25/US_Employment_Statistics.svg/800px-US_Employment_Statistics.svg.png 2x" data-file-width="800" data-file-height="480" /></a><figcaption>Non-farm job creation averaged approximately 200,000/month for 73 months from October 2010 to October 2016, a robust rate by historical standards. The unemployment rate fell from 10% to less than 5%.<sup id="cite_ref-21" class="reference"><a href="#cite_note-21"><span class="cite-bracket">&#91;</span>21<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-22" class="reference"><a href="#cite_note-22"><span class="cite-bracket">&#91;</span>22<span class="cite-bracket">&#93;</span></a></sup></figcaption></figure> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:CBO_-_Employment_Shortfall_-_v1.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/8/84/CBO_-_Employment_Shortfall_-_v1.png/400px-CBO_-_Employment_Shortfall_-_v1.png" decoding="async" width="400" height="258" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/84/CBO_-_Employment_Shortfall_-_v1.png/600px-CBO_-_Employment_Shortfall_-_v1.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/84/CBO_-_Employment_Shortfall_-_v1.png/800px-CBO_-_Employment_Shortfall_-_v1.png 2x" data-file-width="984" data-file-height="635" /></a><figcaption>CBO explained that the shortfall in employment relative to a theoretical full employment level fell from nearly 10 million in 2010 to 1.6 million by late 2016. The shortfall was due to excess levels of unemployment and a decline in labor force participation.<sup id="cite_ref-CBO_BEO2016_23-0" class="reference"><a href="#cite_note-CBO_BEO2016-23"><span class="cite-bracket">&#91;</span>23<span class="cite-bracket">&#93;</span></a></sup></figcaption></figure> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:Dodd_Frank_Tier_1_ratios.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/4/47/Dodd_Frank_Tier_1_ratios.png/400px-Dodd_Frank_Tier_1_ratios.png" decoding="async" width="400" height="323" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/47/Dodd_Frank_Tier_1_ratios.png/600px-Dodd_Frank_Tier_1_ratios.png 1.5x, //upload.wikimedia.org/wikipedia/commons/4/47/Dodd_Frank_Tier_1_ratios.png 2x" data-file-width="659" data-file-height="532" /></a><figcaption>The tier 1 ratio represents the strength of the financial cushion that a bank maintains; the higher the ratio, the stronger the financial position of the bank, other things equal. Dodd–Frank set standards for improving this ratio and has been successful in that regard.<sup id="cite_ref-Obama_Inequality_2-2" class="reference"><a href="#cite_note-Obama_Inequality-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup></figcaption></figure> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:Change_in_household_debt_-_v1.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/d/df/Change_in_household_debt_-_v1.png/400px-Change_in_household_debt_-_v1.png" decoding="async" width="400" height="225" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/df/Change_in_household_debt_-_v1.png/600px-Change_in_household_debt_-_v1.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/df/Change_in_household_debt_-_v1.png/800px-Change_in_household_debt_-_v1.png 2x" data-file-width="1280" data-file-height="720" /></a><figcaption>U.S. changes in household debt as a percentage of GDP for 1989–2016. Recoveries from financial crises tend to be protracted, as debt levels must be reduced before typical borrow-and-spend patterns are resumed. In this case, homeowners paid down debt from 2009 to 2012.<sup id="cite_ref-24" class="reference"><a href="#cite_note-24"><span class="cite-bracket">&#91;</span>24<span class="cite-bracket">&#93;</span></a></sup></figcaption></figure> <figure typeof="mw:File/Thumb"><a href="/wiki/File:U.S._economic_recovery_scorecard.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/1/11/U.S._economic_recovery_scorecard.png/400px-U.S._economic_recovery_scorecard.png" decoding="async" width="400" height="225" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/11/U.S._economic_recovery_scorecard.png/600px-U.S._economic_recovery_scorecard.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/11/U.S._economic_recovery_scorecard.png/800px-U.S._economic_recovery_scorecard.png 2x" data-file-width="1408" data-file-height="793" /></a><figcaption>Several major U.S. economic variables had recovered from the 2007-2009 <a href="/wiki/Subprime_mortgage_crisis" title="Subprime mortgage crisis">Subprime mortgage crisis</a> and <a href="/wiki/Great_Recession" title="Great Recession">Great Recession</a> by the 2013-2014 time period.</figcaption></figure> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">See also: <a href="/wiki/Subprime_mortgage_crisis" title="Subprime mortgage crisis">Subprime mortgage crisis</a></div> <p>President Obama's first inauguration was held during the depths of the <a href="/wiki/Great_Recession" title="Great Recession">Great Recession</a>. The situation was dire; the economy had lost nearly 3.6 million jobs in 2008 and was shedding jobs at a nearly 800,000 per month rate when he took office. During September 2008, several major financial institutions either collapsed, were forced into mergers, or were bailed out by the government. The financial system was nearly frozen, as the equivalent of a <a href="/wiki/Bank_run" title="Bank run">bank run</a> on the essentially unregulated, non-depository <a href="/wiki/Shadow_banking" class="mw-redirect" title="Shadow banking">shadow banking</a> system was in progress.<sup id="cite_ref-FCIC_Report_25-0" class="reference"><a href="#cite_note-FCIC_Report-25"><span class="cite-bracket">&#91;</span>25<span class="cite-bracket">&#93;</span></a></sup> <a href="/wiki/Ben_Bernanke" title="Ben Bernanke">Ben Bernanke</a> later stated that 12 of the 13 largest U.S. financial institutions were at risk of failure during the crisis.<sup id="cite_ref-Bernanke1_26-0" class="reference"><a href="#cite_note-Bernanke1-26"><span class="cite-bracket">&#91;</span>26<span class="cite-bracket">&#93;</span></a></sup> </p><p>The Bush Administration had passed the $700 billion <a href="/wiki/Troubled_Asset_Relief_Program" title="Troubled Asset Relief Program">Troubled Asset Relief Program</a> in October 2008 and provided enormous loan guarantees to help strengthen the banks as late as January 2009 during the transition period. Further, the U.S. Federal Reserve under <a href="/wiki/Ben_Bernanke" title="Ben Bernanke">Ben Bernanke</a> was taking a series of innovative emergency steps to inject money into the financial system, acting in their role as the "lender of last resort." Obama and Bernanke agreed that further action was also needed by Congress to help boost the economy beyond Wall Street.<sup id="cite_ref-RSKrugman1_1-6" class="reference"><a href="#cite_note-RSKrugman1-1"><span class="cite-bracket">&#91;</span>1<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-27" class="reference"><a href="#cite_note-27"><span class="cite-bracket">&#91;</span>27<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Stimulus">Stimulus</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=3" title="Edit section: Stimulus"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">Main article: <a href="/wiki/American_Recovery_and_Reinvestment_Act_of_2009" title="American Recovery and Reinvestment Act of 2009">American Recovery and Reinvestment Act of 2009</a></div> <p>On February 17, 2009, Obama signed into law the <a href="/wiki/American_Recovery_and_Reinvestment_Act_of_2009" title="American Recovery and Reinvestment Act of 2009">American Recovery and Reinvestment Act of 2009</a>, a $787&#160;billion <a href="/wiki/Stimulus_(economics)" title="Stimulus (economics)">economic stimulus</a> package aimed at helping the economy recover from the <a href="/wiki/Great_Recession" title="Great Recession">deepening worldwide recession</a>.<sup id="cite_ref-28" class="reference"><a href="#cite_note-28"><span class="cite-bracket">&#91;</span>28<span class="cite-bracket">&#93;</span></a></sup> The act increased federal spending by $573 billion<sup id="cite_ref-29" class="reference"><a href="#cite_note-29"><span class="cite-bracket">&#91;</span>29<span class="cite-bracket">&#93;</span></a></sup> for health care, infrastructure, education and social benefits, with the remainder used for tax relief<sup id="cite_ref-30" class="reference"><a href="#cite_note-30"><span class="cite-bracket">&#91;</span>30<span class="cite-bracket">&#93;</span></a></sup> — including a $116 billion income tax cut that benefited 95% of working families.<sup id="cite_ref-31" class="reference"><a href="#cite_note-31"><span class="cite-bracket">&#91;</span>31<span class="cite-bracket">&#93;</span></a></sup> Democrats overwhelmingly supported this measure, while only a few Senate Republicans supported the law. </p><p>The CBO estimated ARRA would positively impact GDP and employment, with primary impact between 2009 and 2011. It projected an increase in the GDP of between 1.4 and 3.8% by late 2009, 1.1 and 3.3% by late 2010, and 0.4 and 1.3% by late 2011, as well as a decrease of between zero and 0.2% beyond 2014.<sup id="cite_ref-Feb_11_letter_32-0" class="reference"><a href="#cite_note-Feb_11_letter-32"><span class="cite-bracket">&#91;</span>32<span class="cite-bracket">&#93;</span></a></sup> The impact to employment would be an increase of 0.8&#160;million to 2.3&#160;million by last-2009, an increase of 1.2&#160;million to 3.6&#160;million by late 2010, an increase of 0.6&#160;million to 1.9&#160;million by late 2011, and declining increases in subsequent years as the U.S. labor market reaches nearly full employment, but never negative.<sup id="cite_ref-Feb_11_letter_32-1" class="reference"><a href="#cite_note-Feb_11_letter-32"><span class="cite-bracket">&#91;</span>32<span class="cite-bracket">&#93;</span></a></sup> The CBO estimated that enacting the bill would increase federal budget deficits by $185 billion over the remaining months of fiscal year 2009, $399 billion in 2010, and $134 billion in 2011, or $787 billion over the 2009–2019 period.<sup id="cite_ref-33" class="reference"><a href="#cite_note-33"><span class="cite-bracket">&#91;</span>33<span class="cite-bracket">&#93;</span></a></sup> </p><p>The Congressional Budget Office and a broad range of economists credit Obama's stimulus plan for economic growth.<sup id="cite_ref-estimated_34-0" class="reference"><a href="#cite_note-estimated-34"><span class="cite-bracket">&#91;</span>34<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-newc_35-0" class="reference"><a href="#cite_note-newc-35"><span class="cite-bracket">&#91;</span>35<span class="cite-bracket">&#93;</span></a></sup> The CBO's final analysis in February 2015 found that ARRA provided substantial improvement to GDP growth and employment.<sup id="cite_ref-36" class="reference"><a href="#cite_note-36"><span class="cite-bracket">&#91;</span>36<span class="cite-bracket">&#93;</span></a></sup> </p> <figure class="mw-halign-center" typeof="mw:File/Thumb"><a href="/wiki/File:ARRA_Effects_-_CBO_-_Feb_2015.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/d/db/ARRA_Effects_-_CBO_-_Feb_2015.png/650px-ARRA_Effects_-_CBO_-_Feb_2015.png" decoding="async" width="650" height="188" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/d/db/ARRA_Effects_-_CBO_-_Feb_2015.png 1.5x" data-file-width="975" data-file-height="282" /></a><figcaption>CBO final estimate of impact of Obama stimulus</figcaption></figure> <p>Although an April 2010 survey of members of the <a href="/wiki/National_Association_for_Business_Economics" title="National Association for Business Economics">National Association for Business Economics</a> (NABE) showed an increase in job creation (over a similar January survey) for the first time in two years, 73% of the 68 respondents believed that the stimulus bill had no impact on employment at their company after one year of ARRA's enactment.<sup id="cite_ref-37" class="reference"><a href="#cite_note-37"><span class="cite-bracket">&#91;</span>37<span class="cite-bracket">&#93;</span></a></sup> The economy of the United States has grown faster than the other original NATO members by a wider margin under President Obama than it has anytime since the end of <a href="/wiki/World_War_II" title="World War II">World War II</a>.<sup id="cite_ref-38" class="reference"><a href="#cite_note-38"><span class="cite-bracket">&#91;</span>38<span class="cite-bracket">&#93;</span></a></sup> The OECD credits the much faster growth in the United States to the stimulus in the United States, in contrast to the austerity measures taken in the European Union.<sup id="cite_ref-39" class="reference"><a href="#cite_note-39"><span class="cite-bracket">&#91;</span>39<span class="cite-bracket">&#93;</span></a></sup> </p><p>The <a href="/wiki/Council_of_Economic_Advisers" title="Council of Economic Advisers">Council of Economic Advisers</a> produced a comprehensive report on the ARRA in 2014, which includes a variety of graphics illustrating the positive effect on both GDP and jobs. It also covers the allocation of spending and tax cuts contained in the legislation.<sup id="cite_ref-40" class="reference"><a href="#cite_note-40"><span class="cite-bracket">&#91;</span>40<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="U.S._automobile_industry_support">U.S. automobile industry support</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=4" title="Edit section: U.S. automobile industry support"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Obama intervened in the <a href="/wiki/Automotive_industry_crisis_of_2008%E2%80%9310" class="mw-redirect" title="Automotive industry crisis of 2008–10">troubled automotive industry</a><sup id="cite_ref-41" class="reference"><a href="#cite_note-41"><span class="cite-bracket">&#91;</span>41<span class="cite-bracket">&#93;</span></a></sup> in March 2009, renewing loans for <a href="/wiki/General_Motors" title="General Motors">General Motors</a> and <a href="/wiki/Chrysler" title="Chrysler">Chrysler</a> to continue operations while reorganizing. Over the following months, the White House set terms for both firms' bankruptcies, including the <a href="/wiki/Chrysler_Chapter_11_reorganization" title="Chrysler Chapter 11 reorganization">sale of Chrysler</a> to Italian automaker <a href="/wiki/Fiat" title="Fiat">Fiat</a><sup id="cite_ref-42" class="reference"><a href="#cite_note-42"><span class="cite-bracket">&#91;</span>42<span class="cite-bracket">&#93;</span></a></sup> and a <a href="/wiki/General_Motors_Chapter_11_reorganization" title="General Motors Chapter 11 reorganization">reorganization of General Motors</a> giving the U.S. government a temporary 60% equity stake in the company, with the Canadian government taking a 12% stake.<sup id="cite_ref-43" class="reference"><a href="#cite_note-43"><span class="cite-bracket">&#91;</span>43<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-44" class="reference"><a href="#cite_note-44"><span class="cite-bracket">&#91;</span>44<span class="cite-bracket">&#93;</span></a></sup> </p><p>In June 2009, dissatisfied with the pace of economic stimulus, Obama called on his cabinet to accelerate the investment.<sup id="cite_ref-Christopher_Conkey_and_Louise_Radnofsky_45-0" class="reference"><a href="#cite_note-Christopher_Conkey_and_Louise_Radnofsky-45"><span class="cite-bracket">&#91;</span>45<span class="cite-bracket">&#93;</span></a></sup> By late 2013, the Federal Government had disposed of (re-privatized) all of its investments in Chrysler and GM. As of late 2016, taxpayers had recovered $71 billion of the $80 billion invested in the automobile industry.<sup id="cite_ref-Obama_Inequality_2-3" class="reference"><a href="#cite_note-Obama_Inequality-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup> </p><p>According to a study by the Center for Automotive Research, the bailout saved 2.63 million jobs and saved or avoided the loss of $105 billion in transfer payments and the loss of personal and social insurance tax collection.<sup id="cite_ref-46" class="reference"><a href="#cite_note-46"><span class="cite-bracket">&#91;</span>46<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-47" class="reference"><a href="#cite_note-47"><span class="cite-bracket">&#91;</span>47<span class="cite-bracket">&#93;</span></a></sup> Auto and light truck production pre-crisis of 2007 was 16.0 million units, fell to 10.4 million units at the trough of the Great Recession in 2009, then steadily rebounded to 18.3 million by December 2016.<sup id="cite_ref-FRED_Auto_48-0" class="reference"><a href="#cite_note-FRED_Auto-48"><span class="cite-bracket">&#91;</span>48<span class="cite-bracket">&#93;</span></a></sup> He also signed into law the <a href="/wiki/Car_Allowance_Rebate_System" title="Car Allowance Rebate System">Car Allowance Rebate System</a> program, also known as "Cash for Clunkers."<sup id="cite_ref-49" class="reference"><a href="#cite_note-49"><span class="cite-bracket">&#91;</span>49<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-50" class="reference"><a href="#cite_note-50"><span class="cite-bracket">&#91;</span>50<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-51" class="reference"><a href="#cite_note-51"><span class="cite-bracket">&#91;</span>51<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Trends_in_employment">Trends in employment</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=5" title="Edit section: Trends in employment"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">See also: <a href="/wiki/Unemployment_in_the_United_States" title="Unemployment in the United States">Unemployment in the United States</a></div> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:Unemployed_people_to_job_openings_by_pres.webp" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b6/Unemployed_people_to_job_openings_by_pres.webp/380px-Unemployed_people_to_job_openings_by_pres.webp.png" decoding="async" width="380" height="111" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b6/Unemployed_people_to_job_openings_by_pres.webp/570px-Unemployed_people_to_job_openings_by_pres.webp.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b6/Unemployed_people_to_job_openings_by_pres.webp/760px-Unemployed_people_to_job_openings_by_pres.webp.png 2x" data-file-width="1380" data-file-height="403" /></a><figcaption> <style data-mw-deduplicate="TemplateStyles:r981673959">.mw-parser-output .legend{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .legend-color{display:inline-block;min-width:1.25em;height:1.25em;line-height:1.25;margin:1px 0;text-align:center;border:1px solid black;background-color:transparent;color:black}.mw-parser-output .legend-text{}</style><div class="legend"><span class="legend-line mw-no-invert" style="display: inline-block; vertical-align: middle; width: 1.67em; height: 0; border-style: none; border-top: 2px dotted black;border-top:#AA4643 solid 3px;">&#160;</span>&#160;<a href="/wiki/Unemployment_in_the_United_States" title="Unemployment in the United States">Total unemployed people</a></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r981673959"><div class="legend"><span class="legend-line mw-no-invert" style="display: inline-block; vertical-align: middle; width: 1.67em; height: 0; border-style: none; border-top: 2px dotted black;border-top:#89A54E solid 3px;">&#160;</span>&#160;Total job openings</div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r981673959"><div class="legend"><span class="legend-line mw-no-invert" style="display: inline-block; vertical-align: middle; width: 1.67em; height: 0; border-style: none; border-top: 2px dotted black;border-top:#4572A7 solid 3px;">&#160;</span>&#160;Quits rate</div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r981673959"><div class="legend"><span class="legend-color mw-no-invert" style="background-color:#EB200F; color:black;">&#160;</span>&#160;<a href="/wiki/Republican_Party_(United_States)" title="Republican Party (United States)">Republican</a> President</div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r981673959"><div class="legend"><span class="legend-color mw-no-invert" style="background-color:#006BB3; color:white;">&#160;</span>&#160;<a href="/wiki/Democratic_Party_(United_States)" title="Democratic Party (United States)">Democrat</a> President</div> </figcaption></figure> <p>Approximately 8.7 million private sector jobs were lost between January 2008 and February 2010 due to the Great Recession. The unemployment rate (U-3) began rising from 4.7% in November 2007 and peaked at 10.0% in October 2009 as the crisis deepened, approximately where it remained until November 2010. Another measure of unemployment (U-6), which includes workers marginally attached to the labor force and those employed part-time for economic reasons, rose from 8.4% in November 2007 and peaked at 17.1% in November 2009, approximately where it remained until November 2010. Thereafter, it began a steady decline until reaching 9.4% in January 2017.<sup id="cite_ref-FRED_Unemploy_52-0" class="reference"><a href="#cite_note-FRED_Unemploy-52"><span class="cite-bracket">&#91;</span>52<span class="cite-bracket">&#93;</span></a></sup> </p><p>Measured from the month following his inauguration in January 2009, the U.S. added 11.6 million private sector jobs from February 2009 to January 2017. Measured from the crisis trough in February 2010, the U.S. added a total of 16.1 million private sector jobs over the remaining 83 months of the Obama presidency — the longest continuous period of private sector job creation on record.<sup id="cite_ref-53" class="reference"><a href="#cite_note-53"><span class="cite-bracket">&#91;</span>53<span class="cite-bracket">&#93;</span></a></sup> By comparison, no net jobs were added during the 2000–2009 period including the crisis impact, while 18 to 22 million jobs were added each decade from 1970 to 1999.<sup id="cite_ref-FRED_Payems_54-0" class="reference"><a href="#cite_note-FRED_Payems-54"><span class="cite-bracket">&#91;</span>54<span class="cite-bracket">&#93;</span></a></sup> </p><p>Non-farm job creation averaged approximately 200,000/month for 73 months from October 2010 to October 2016, a robust rate by historical standards. For example, job creation per month averaged 236,000 (Clinton), 209,000 (Carter), 167,000 (Reagan), 50,000 (G. H. W. Bush), and 13,000 (G. W. Bush).<sup id="cite_ref-FRED_Payems_54-1" class="reference"><a href="#cite_note-FRED_Payems-54"><span class="cite-bracket">&#91;</span>54<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-WaPo1_55-0" class="reference"><a href="#cite_note-WaPo1-55"><span class="cite-bracket">&#91;</span>55<span class="cite-bracket">&#93;</span></a></sup> </p><p>The 2017 '<a href="/wiki/Economic_Report_of_the_President" class="mw-redirect" title="Economic Report of the President">Economic Report of the President</a><i> stated, "Nonfarm job growth turned consistently positive beginning in October 2010. Since then, the U.S. economy has added jobs for 74 straight months, the longest streak of total job growth on record; over this period, nonfarm employment growth has averaged 199,000 jobs a month. Total nonfarm employment recovered to its pre-recession peak in 2014—the best year for job creation since the 1990s—and, as of November 2016, exceeded its pre-recession peak by 6.7 million jobs."<sup id="cite_ref-Obama_Inequality_2-4" class="reference"><a href="#cite_note-Obama_Inequality-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup></i> </p><p>The <a href="/wiki/Congressional_Budget_Office" title="Congressional Budget Office">Congressional Budget Office</a> (CBO) estimated the size of an employment shortfall, defined as the number of workers below a <a href="/wiki/NAIRU" title="NAIRU">full employment</a> level. This shortfall steadily improved during Obama's tenure, from approximately 10 million in 2010 to 2.5 million as of December 2015, a figure roughly 1.5% of the 160 million person labor force. As the economy recovered towards full employment, a reduced <a href="/wiki/Labor_force_participation_rate" class="mw-redirect" title="Labor force participation rate">labor force participation rate</a> among prime working-aged persons (between ages 25 to 54 years old) accounted for a greater share of the shortfall. The overall labor force participation rate had been falling since 2000, as the country ages.<sup id="cite_ref-CBO_BEO2016_23-1" class="reference"><a href="#cite_note-CBO_BEO2016-23"><span class="cite-bracket">&#91;</span>23<span class="cite-bracket">&#93;</span></a></sup> </p><p>In December 2015, the <a href="/wiki/Bureau_of_Labor_Statistics" title="Bureau of Labor Statistics">Bureau of Labor Statistics</a> (BLS) reported the reasons why persons aged 16 years or older were outside the labor force, using the 2014 figure of 87.4 million: 1) Retired: 38.5 million or 44%; 2) Disabled or Illness: 16.3 million or 19%; 3) Attending School: 16.0 million or 18%; 4) Home Responsibilities: 13.5 million or 15%; and 4) Other Reasons: 3.1 million or 5%.<sup id="cite_ref-BLS_WF1_56-0" class="reference"><a href="#cite_note-BLS_WF1-56"><span class="cite-bracket">&#91;</span>56<span class="cite-bracket">&#93;</span></a></sup> As of November 2016, BLS estimated that 90 million of the 95 million people outside the labor force indicated they "do not want a job now."<sup id="cite_ref-BLS_WF2_57-0" class="reference"><a href="#cite_note-BLS_WF2-57"><span class="cite-bracket">&#91;</span>57<span class="cite-bracket">&#93;</span></a></sup> </p><p>During the Obama presidency, critics asserted that his policies (particularly the ACA) were destroying full-time employment and creating "Obama's Part-Time America."<sup id="cite_ref-58" class="reference"><a href="#cite_note-58"><span class="cite-bracket">&#91;</span>58<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-59" class="reference"><a href="#cite_note-59"><span class="cite-bracket">&#91;</span>59<span class="cite-bracket">&#93;</span></a></sup> However, from the month ACA was enacted in March 2010 to the end of the Obama presidency, full-time employment increased 12.5%, voluntary part-time employment (those who normally seek part-time work) declined 1.0%, and involuntary part-time employment (those who want full-time work but must settle for part-time) declined 35.4%.<sup id="cite_ref-60" class="reference"><a href="#cite_note-60"><span class="cite-bracket">&#91;</span>60<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Banking_regulation">Banking regulation</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=6" title="Edit section: Banking regulation"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>To address the excesses in the banking sector that precipitated the crisis, Obama signed into law the <a href="/wiki/Dodd%E2%80%93Frank_Wall_Street_Reform_and_Consumer_Protection_Act" title="Dodd–Frank Wall Street Reform and Consumer Protection Act">Dodd–Frank Wall Street Reform and Consumer Protection Act</a> of 2010, which limited bank risk-taking and overhauled the outdated regulatory regime that was ineffective in monitoring the non-depository or <a href="/wiki/Shadow_banking" class="mw-redirect" title="Shadow banking">shadow banking</a> sector at the core of the crisis, which had outgrown the traditional depository banking sector. It also created the <a href="/wiki/Consumer_Financial_Protection_Bureau" title="Consumer Financial Protection Bureau">Consumer Financial Protection Bureau</a> (CFPB). However, it did not breakup the largest banks (which had grown even larger due to forced mergers during the crisis) or separate investment and depository banking, as the <a href="/wiki/Glass-Steagal_Act" class="mw-redirect" title="Glass-Steagal Act">Glass-Steagal Act</a> had done. Nearly all Congressional Democrats but only a few Republicans voted for the law.<sup id="cite_ref-RSKrugman1_1-7" class="reference"><a href="#cite_note-RSKrugman1-1"><span class="cite-bracket">&#91;</span>1<span class="cite-bracket">&#93;</span></a></sup> On December 10, 2014, the President himself, together with JP Morgan's <a href="/wiki/Jamie_Dimon" title="Jamie Dimon">Jamie Dimon</a>, helped whip House votes in favor of the "cromnibus" spending bill, which included a provision that progressive lawmakers argued would significantly weaken the Dodd-Frank regulations.<sup id="cite_ref-61" class="reference"><a href="#cite_note-61"><span class="cite-bracket">&#91;</span>61<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Recovery">Recovery</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=7" title="Edit section: Recovery"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The <a href="/wiki/Great_Recession" title="Great Recession">Great Recession</a> of 2007-2009 was different in kind from all the recessions since the Great Depression, as it also involved a banking crisis and the de-leveraging (debt reduction) of highly indebted households. Research indicates recovery from financial crises can be protracted, with lengthy periods of high unemployment and substandard economic growth.<sup id="cite_ref-62" class="reference"><a href="#cite_note-62"><span class="cite-bracket">&#91;</span>62<span class="cite-bracket">&#93;</span></a></sup> Economist <a href="/wiki/Carmen_Reinhart" title="Carmen Reinhart">Carmen Reinhart</a> stated in August 2011: "Debt de-leveraging [reduction] takes about seven years ... And in the decade following severe financial crises, you tend to grow by 1 to 1.5 percentage points less than in the decade before, because the decade before was fueled by a boom in private borrowing, and not all of that growth was real. The unemployment figures in advanced economies after falls are also very dark. Unemployment remains anchored about five percentage points above what it was in the decade before."<sup id="cite_ref-washingtonpost.com_63-0" class="reference"><a href="#cite_note-washingtonpost.com-63"><span class="cite-bracket">&#91;</span>63<span class="cite-bracket">&#93;</span></a></sup> </p><p>Several key economic variables (e.g., Job level, real GDP per capita, household net worth, and the federal budget deficit) hit their low point (trough) in 2009 or 2010, after which they began to turn upward, recovering to pre-recession (2007) levels between late 2012 and May 2014, which marked the recovery of all jobs lost during the recession.<sup id="cite_ref-64" class="reference"><a href="#cite_note-64"><span class="cite-bracket">&#91;</span>64<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-65" class="reference"><a href="#cite_note-65"><span class="cite-bracket">&#91;</span>65<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-66" class="reference"><a href="#cite_note-66"><span class="cite-bracket">&#91;</span>66<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-67" class="reference"><a href="#cite_note-67"><span class="cite-bracket">&#91;</span>67<span class="cite-bracket">&#93;</span></a></sup> Real median household income fell to a trough of $53,331 in 2012, but recovered to an all-time high of $59,039 by 2016.<sup id="cite_ref-68" class="reference"><a href="#cite_note-68"><span class="cite-bracket">&#91;</span>68<span class="cite-bracket">&#93;</span></a></sup> </p><p>The Great Recession had a particularly severe effect on state and local tax receipts, causing many states and localities to reduce spending and employment to balance budgets as mandated by their constitutions or statutes. This government contraction subtracted from real GDP growth, creating an economic drag, rather than government adding to real GDP as is typical.<sup id="cite_ref-69" class="reference"><a href="#cite_note-69"><span class="cite-bracket">&#91;</span>69<span class="cite-bracket">&#93;</span></a></sup> Obama noted this in June 2012, saying, "The private sector is doing fine. Where we’re seeing weaknesses in our economy have to do with state and local government -- oftentimes, cuts initiated by governors or mayors who are not getting the kind of help that they have in the past from the federal government and who don’t have the same kind of flexibility as the federal government in dealing with fewer revenues coming in."<sup id="cite_ref-70" class="reference"><a href="#cite_note-70"><span class="cite-bracket">&#91;</span>70<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Healthcare_reform">Healthcare reform</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=8" title="Edit section: Healthcare reform"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:ACA_Panel_Chart_v1.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/9/93/ACA_Panel_Chart_v1.png/450px-ACA_Panel_Chart_v1.png" decoding="async" width="450" height="252" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/93/ACA_Panel_Chart_v1.png/675px-ACA_Panel_Chart_v1.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/93/ACA_Panel_Chart_v1.png/900px-ACA_Panel_Chart_v1.png 2x" data-file-width="1305" data-file-height="731" /></a><figcaption>This chart illustrates several aspects of the Affordable Care Act, including number of persons covered, cost before and after subsidies, and public opinion.</figcaption></figure> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:Obamacare_Panel_2.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/1/11/Obamacare_Panel_2.png/450px-Obamacare_Panel_2.png" decoding="async" width="450" height="254" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/11/Obamacare_Panel_2.png/675px-Obamacare_Panel_2.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/11/Obamacare_Panel_2.png/900px-Obamacare_Panel_2.png 2x" data-file-width="1305" data-file-height="736" /></a><figcaption>Coverage rate, employer market cost trends, budgetary impact, and income inequality aspects of the Affordable Care Act.</figcaption></figure> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:1b-ACA_Distribution_in_2014.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/4/4c/1b-ACA_Distribution_in_2014.png/450px-1b-ACA_Distribution_in_2014.png" decoding="async" width="450" height="281" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/4c/1b-ACA_Distribution_in_2014.png/675px-1b-ACA_Distribution_in_2014.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/4c/1b-ACA_Distribution_in_2014.png/900px-1b-ACA_Distribution_in_2014.png 2x" data-file-width="1264" data-file-height="790" /></a><figcaption>The distributional impact of the Affordable Care Act (ACA or Obamacare) during 2014. The ACA raised taxes mainly on the top 1% to fund approximately $600 in benefits on average for the bottom 40% of families.</figcaption></figure> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:Obama_signs_health_care-20100323.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/f/f5/Obama_signs_health_care-20100323.jpg/300px-Obama_signs_health_care-20100323.jpg" decoding="async" width="300" height="200" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/f5/Obama_signs_health_care-20100323.jpg/450px-Obama_signs_health_care-20100323.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/f5/Obama_signs_health_care-20100323.jpg/600px-Obama_signs_health_care-20100323.jpg 2x" data-file-width="1024" data-file-height="683" /></a><figcaption>President Obama signing the <a href="/wiki/Affordable_Care_Act" title="Affordable Care Act">Patient Protection and Affordable Care Act</a> into law.</figcaption></figure> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">Main article: <a href="/wiki/Affordable_Care_Act" title="Affordable Care Act">Affordable Care Act</a></div> <p>President Obama followed with the legislation that bears his name ("<b>Obamacare</b>"), the <a href="/wiki/Affordable_Care_Act" title="Affordable Care Act">Patient Protection and Affordable Care Act</a> of 2010. It was built on three related concepts, including: 1) Subsidies for low-income persons to help them purchase health insurance; 2) Guaranteed issue and community rating, meaning persons with pre-existing medical conditions could not be discriminated against; and 3) Coverage requirements, enforced via both individual and employer "mandates" with financial incentives supporting them, to ensure healthy people (with few medical bills) would participate to help keep insurance costs down for all.<sup id="cite_ref-Krugman_Revenge_71-0" class="reference"><a href="#cite_note-Krugman_Revenge-71"><span class="cite-bracket">&#91;</span>71<span class="cite-bracket">&#93;</span></a></sup> </p><p>While the law received no Republican Congressional support, it was conceptually similar to the healthcare plan developed by <a href="/wiki/The_Heritage_Foundation" title="The Heritage Foundation">The Heritage Foundation</a> during the late 1980s and <a href="/wiki/Romneycare" class="mw-redirect" title="Romneycare">Romneycare</a>.<sup id="cite_ref-72" class="reference"><a href="#cite_note-72"><span class="cite-bracket">&#91;</span>72<span class="cite-bracket">&#93;</span></a></sup> Healthcare historian Paul Starr said in December 2017, "If you trace the origins of the ideas in the ACA, it was basically a bi-partisan bill passed on strictly partisan lines."<sup id="cite_ref-73" class="reference"><a href="#cite_note-73"><span class="cite-bracket">&#91;</span>73<span class="cite-bracket">&#93;</span></a></sup> </p><p>By creating state-level marketplaces or exchanges, enough people could form pools to obtain cost-effective coverage. Furthermore, the law provided federal funding for states that chose to expand their Medicaid programs. The vast majority of congressional Democrats voted for the law, while no Republicans in the House or Senate did so.<sup id="cite_ref-74" class="reference"><a href="#cite_note-74"><span class="cite-bracket">&#91;</span>74<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-75" class="reference"><a href="#cite_note-75"><span class="cite-bracket">&#91;</span>75<span class="cite-bracket">&#93;</span></a></sup> Republicans, mainly in the House of Representatives, attempted on as many as 60 occasions to repeal, defund, or delay the law during Obama's tenure, but to no avail.<sup id="cite_ref-CRS_1_76-0" class="reference"><a href="#cite_note-CRS_1-76"><span class="cite-bracket">&#91;</span>76<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Coverage">Coverage</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=9" title="Edit section: Coverage"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>By 2016, the law covered approximately 24 million people with health insurance via a combination of state healthcare exchanges and funding for the state-level expansion of Medicaid to more people.<sup id="cite_ref-CBO_ACA1_6-1" class="reference"><a href="#cite_note-CBO_ACA1-6"><span class="cite-bracket">&#91;</span>6<span class="cite-bracket">&#93;</span></a></sup> It lowered the rate of those without health insurance from approximately 16% in 2010 to 9% by 2015.<sup id="cite_ref-CDC1_7-1" class="reference"><a href="#cite_note-CDC1-7"><span class="cite-bracket">&#91;</span>7<span class="cite-bracket">&#93;</span></a></sup> Poltifact cited various estimates that only about 2% of the total insured population (4 million out of 262 million) received notices that substandard policies would have to be changed, even though Obama was roundly criticized for claims that "if you like your health plan, you can keep it."<sup id="cite_ref-77" class="reference"><a href="#cite_note-77"><span class="cite-bracket">&#91;</span>77<span class="cite-bracket">&#93;</span></a></sup> </p><p>However, despite federal financial incentives to do so, many states with Republican governors chose not to expand Medicaid to their residents under the ACA, which adversely affected coverage for lower-income citizens while reducing costs. According to the <a href="/wiki/Urban_Institute" title="Urban Institute">Urban Institute</a>, those states that expanded Medicaid (32 of them, including Washington, D.C.) had a 7.3% uninsured rate in the first quarter of 2016, while those that did not (19 states) had a 14.1% uninsured rate among adults between the ages of 18 and 64 years old.<sup id="cite_ref-Urban_Q12016_78-0" class="reference"><a href="#cite_note-Urban_Q12016-78"><span class="cite-bracket">&#91;</span>78<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-KFF_States_79-0" class="reference"><a href="#cite_note-KFF_States-79"><span class="cite-bracket">&#91;</span>79<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Healthcare_costs">Healthcare costs</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=10" title="Edit section: Healthcare costs"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Throughout his tenure, healthcare costs continued to moderate. For example, healthcare premiums for those covered by employers rose by 69% from 2000 to 2005, but only by 27% from 2010 to 2015.<sup id="cite_ref-Kaiser15_8-1" class="reference"><a href="#cite_note-Kaiser15-8"><span class="cite-bracket">&#91;</span>8<span class="cite-bracket">&#93;</span></a></sup> To put these trends into perspective, the 2017 <i>Economic Report of the President</i> stated, </p> <style data-mw-deduplicate="TemplateStyles:r1244412712">.mw-parser-output .templatequote{overflow:hidden;margin:1em 0;padding:0 32px}.mw-parser-output .templatequotecite{line-height:1.5em;text-align:left;margin-top:0}@media(min-width:500px){.mw-parser-output .templatequotecite{padding-left:1.6em}}</style><blockquote class="templatequote"><p>Because of slow growth in costs in employer coverage...the average costs for a family with employer-based coverage in 2016 were $4,400 below where they would have been had costs grown at their pace over the decade before the ACA became law.</p></blockquote> <p>While these slower cost increases began before the ACA, they continued or further improved after its implementation.<sup id="cite_ref-Obama_Inequality_2-5" class="reference"><a href="#cite_note-Obama_Inequality-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup> </p><p>The ACA also provided subsidies to help lower-income families afford insurance. By 2017, nearly 70% of those on the exchanges could purchase insurance for less than $75/month after subsidies.<sup id="cite_ref-NPR1_9-1" class="reference"><a href="#cite_note-NPR1-9"><span class="cite-bracket">&#91;</span>9<span class="cite-bracket">&#93;</span></a></sup> CBO estimated that subsidies paid under the law in 2016 averaged $4,240 per person for 10 million people receiving them, roughly $42 billion. For scale, the subsidy for the employer market, in the form of exempting from taxation those health insurance premiums paid on behalf of employees by employers, was approximately $1,700 per person in 2016, or $266 billion for the 155 million persons in the employer market. The employer market subsidy was not changed by the law.<sup id="cite_ref-CBO_ACA1_6-2" class="reference"><a href="#cite_note-CBO_ACA1-6"><span class="cite-bracket">&#91;</span>6<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Budgetary_impact">Budgetary impact</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=11" title="Edit section: Budgetary impact"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The law was evaluated multiple times by the <a href="/wiki/Congressional_Budget_Office" title="Congressional Budget Office">Congressional Budget Office</a>, which scored it as a moderate deficit reducer, as it included tax hikes primarily on high income taxpayers (over $200,000 roughly the Top 5%) and reductions in future Medicare cost increases, offsetting subsidy costs.<sup id="cite_ref-CBO_June15_10-1" class="reference"><a href="#cite_note-CBO_June15-10"><span class="cite-bracket">&#91;</span>10<span class="cite-bracket">&#93;</span></a></sup> The CBO also reported in June 2015 that, "Including the budgetary effects of macroeconomic feedback, repealing the ACA would increase federal budget deficits by $137 billion over the 2016–2025 period."<sup id="cite_ref-CBO_June15_10-2" class="reference"><a href="#cite_note-CBO_June15-10"><span class="cite-bracket">&#91;</span>10<span class="cite-bracket">&#93;</span></a></sup> CBO also estimated that excluding the effects of macroeconomic feedback, repeal of the ACA would increase the deficit by $353 billion over that same period.<sup id="cite_ref-CBO_June15_10-3" class="reference"><a href="#cite_note-CBO_June15-10"><span class="cite-bracket">&#91;</span>10<span class="cite-bracket">&#93;</span></a></sup> </p><p>The <i>2017 Economic Report of the President</i> also stated that ACA has improved healthcare quality, saying </p> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1244412712"><blockquote class="templatequote"><p>Since 2010, the rate at which patients are harmed while seeking hospital care has fallen by 21 percent, which is estimated to have led to approximately 125,000 avoided deaths through 2015. Payment incentives created in the ACA have also driven a substantial decline in the rate at which patients return to hospital after discharge, corresponding to an estimated 565,000 avoided readmissions from April 2010 through May 2015.<sup id="cite_ref-Obama_Inequality_2-6" class="reference"><a href="#cite_note-Obama_Inequality-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup></p></blockquote> <div class="mw-heading mw-heading3"><h3 id="Public_opinion">Public opinion</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=12" title="Edit section: Public opinion"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>According to Gallup, the overall popularity of the law fell and then improved during Obama's tenure, but more disapproved of it (52%) than approved of it (44%) as of November 2016. Popularity was divided along party lines, with Democrats having a much more favorable view of the law.<sup id="cite_ref-Gallup_ACA_80-0" class="reference"><a href="#cite_note-Gallup_ACA-80"><span class="cite-bracket">&#91;</span>80<span class="cite-bracket">&#93;</span></a></sup> Individual elements were considerably more popular than the law overall, even though the mandate requiring people to have insurance remained highly unpopular.<sup id="cite_ref-81" class="reference"><a href="#cite_note-81"><span class="cite-bracket">&#91;</span>81<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-Reuters_1_82-0" class="reference"><a href="#cite_note-Reuters_1-82"><span class="cite-bracket">&#91;</span>82<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Control_of_Congress">Control of Congress</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=13" title="Edit section: Control of Congress"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>During his first two years, President Obama had a majority in the House and <a href="/wiki/Filibuster" title="Filibuster">filibuster</a>-proof super-majority in the Senate (until February 2010), which coincided with the <a href="/wiki/111th_United_States_Congress" title="111th United States Congress">111th United States Congress</a>, considered to have been one of the most productive Congresses in terms of legislation passed since the <a href="/wiki/89th_United_States_Congress" title="89th United States Congress">89th Congress</a>, during <a href="/wiki/Lyndon_B._Johnson" title="Lyndon B. Johnson">Lyndon Johnson's</a> <a href="/wiki/Great_Society" title="Great Society">Great Society</a>.<sup id="cite_ref-CARL_HULSE_and_DAVID_M._HERSZENHORN_11-1" class="reference"><a href="#cite_note-CARL_HULSE_and_DAVID_M._HERSZENHORN-11"><span class="cite-bracket">&#91;</span>11<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-David_A._Fahrenthold,_Philip_Rucker_and_Felicia_Sonmez_12-1" class="reference"><a href="#cite_note-David_A._Fahrenthold,_Philip_Rucker_and_Felicia_Sonmez-12"><span class="cite-bracket">&#91;</span>12<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-Lisa_Lerer_&amp;_Laura_Litvan_13-1" class="reference"><a href="#cite_note-Lisa_Lerer_&amp;_Laura_Litvan-13"><span class="cite-bracket">&#91;</span>13<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-Guy_Raz_14-1" class="reference"><a href="#cite_note-Guy_Raz-14"><span class="cite-bracket">&#91;</span>14<span class="cite-bracket">&#93;</span></a></sup> However, in the November 2010 elections, the Republicans won the House majority and reduced the Democratic majority in the Senate. </p><p>The <a href="/wiki/112th_United_States_Congress" title="112th United States Congress">112th United States Congress</a> (January 2011 to January 2013) was able to block many of President Obama's other legislative plans, resulting in one of the least productive Congresses since World War 2, with record low approval ratings.<sup id="cite_ref-83" class="reference"><a href="#cite_note-83"><span class="cite-bracket">&#91;</span>83<span class="cite-bracket">&#93;</span></a></sup> Obama faced a highly unpopular split or Republican Congress thereafter. According to a Gallup Poll released in August 2014, the <a href="/wiki/113th_Congress" class="mw-redirect" title="113th Congress">113th Congress</a> had the highest disapproval rating of any Congress since 1974, when data first started being collected: 83% of Americans surveyed said that they disapproved of the job Congress was doing, while only 13% said that they approved.<sup id="cite_ref-84" class="reference"><a href="#cite_note-84"><span class="cite-bracket">&#91;</span>84<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-85" class="reference"><a href="#cite_note-85"><span class="cite-bracket">&#91;</span>85<span class="cite-bracket">&#93;</span></a></sup> The 112th and later Congresses limited Obama's legislative accomplishments to primarily budgetary matters. </p> <div class="mw-heading mw-heading2"><h2 id="The_federal_budget_debates">The federal budget debates</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=14" title="Edit section: The federal budget debates"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:CBO_Panel_v1.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/7/7b/CBO_Panel_v1.png/350px-CBO_Panel_v1.png" decoding="async" width="350" height="196" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/7/7b/CBO_Panel_v1.png/525px-CBO_Panel_v1.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/7/7b/CBO_Panel_v1.png/700px-CBO_Panel_v1.png 2x" data-file-width="1312" data-file-height="736" /></a><figcaption>Four CBO charts with revenue, spending, deficit and debt information. The annual budget deficit fell significantly during the Obama administration, although debt relative to the size of the economy increased.</figcaption></figure> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:U.S._Budget_Deficits_CBO_2009_Forecast_vs_Actual.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/4/4e/U.S._Budget_Deficits_CBO_2009_Forecast_vs_Actual.png/350px-U.S._Budget_Deficits_CBO_2009_Forecast_vs_Actual.png" decoding="async" width="350" height="207" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/4e/U.S._Budget_Deficits_CBO_2009_Forecast_vs_Actual.png/525px-U.S._Budget_Deficits_CBO_2009_Forecast_vs_Actual.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/4e/U.S._Budget_Deficits_CBO_2009_Forecast_vs_Actual.png/700px-U.S._Budget_Deficits_CBO_2009_Forecast_vs_Actual.png 2x" data-file-width="1224" data-file-height="725" /></a><figcaption>Comparison of CBO 2009 deficit forecasts versus actual results 2009–2016. The deficit was cut by nearly two-thirds, falling from $1.4 trillion in FY2009 to below $500 billion by FY2014. Relative to the size of the economy, it fell each year 2010–2015.<sup id="cite_ref-CBO_2009_86-0" class="reference"><a href="#cite_note-CBO_2009-86"><span class="cite-bracket">&#91;</span>86<span class="cite-bracket">&#93;</span></a></sup></figcaption></figure> <figure typeof="mw:File/Thumb"><a href="/wiki/File:ATRA_Deficit_Scenarios_-_v1.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/0/0f/ATRA_Deficit_Scenarios_-_v1.png/350px-ATRA_Deficit_Scenarios_-_v1.png" decoding="async" width="350" height="192" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/0/0f/ATRA_Deficit_Scenarios_-_v1.png/525px-ATRA_Deficit_Scenarios_-_v1.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/0/0f/ATRA_Deficit_Scenarios_-_v1.png/700px-ATRA_Deficit_Scenarios_-_v1.png 2x" data-file-width="1288" data-file-height="708" /></a><figcaption>Three CBO deficit scenarios related to the American Taxpayer Relief Act of 2012 (ATRA) and the Fiscal Cliff. The blue line (August 2012 baseline) was the "current law" baseline, with tax increases and spending cuts that would take effect if laws were not changed. The grey line (March 2012 alternative baseline) was the "current policy" baseline, which represented the avoidance of the tax increases and spending cuts. The orange line (February 2013 baseline) was the post-ATRA result. The vertical black dotted line is the January 2013 date of enactment.<sup id="cite_ref-CBO_Budget_Projections_87-0" class="reference"><a href="#cite_note-CBO_Budget_Projections-87"><span class="cite-bracket">&#91;</span>87<span class="cite-bracket">&#93;</span></a></sup></figcaption></figure> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:U.S._federal_spending_vs_historical_trendline.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/4/4d/U.S._federal_spending_vs_historical_trendline.png/350px-U.S._federal_spending_vs_historical_trendline.png" decoding="async" width="350" height="219" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/4d/U.S._federal_spending_vs_historical_trendline.png/525px-U.S._federal_spending_vs_historical_trendline.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/4d/U.S._federal_spending_vs_historical_trendline.png/700px-U.S._federal_spending_vs_historical_trendline.png 2x" data-file-width="1259" data-file-height="789" /></a><figcaption>Comparison of actual U.S. Federal Spending 2008–2015 versus a trend line based on the 5% average annual increase in 1990–2008. Spending was below the trend line starting in 2012.</figcaption></figure> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">See also: <a href="/wiki/United_States_federal_budget" title="United States federal budget">United States federal budget</a></div> <p>The Great Recession had caused federal government revenues to fall to their lowest level relative to the size of the economy for 50 years, with tax revenues falling nearly $400 billion (20%) between 2008 and 2009. At the same time, safety net spending caused expenditures to rise considerably. For example, <a href="/wiki/Automatic_stabilizer" title="Automatic stabilizer">automatic stabilizer</a> spending (such as unemployment compensation, <a href="/wiki/Supplemental_Nutrition_Assistance_Program" title="Supplemental Nutrition Assistance Program">food stamps</a>, and disability payments, which increased without legislative action) ranged between $350–420 billion annually from 2009 to 2012,<sup id="cite_ref-88" class="reference"><a href="#cite_note-88"><span class="cite-bracket">&#91;</span>88<span class="cite-bracket">&#93;</span></a></sup> roughly 10% of the expenditures. The combination of higher outlays and lower receipts<sup id="cite_ref-89" class="reference"><a href="#cite_note-89"><span class="cite-bracket">&#91;</span>89<span class="cite-bracket">&#93;</span></a></sup> drove the budget deficit up even without any policy steps by President Obama, creating significant debt concerns. This resulted in a series of bruising debates with the Republican Congress, which attempted (with much success) to blame the President for the deficits caused primarily by the recession that began during the Bush administration.<sup id="cite_ref-RSKrugman1_1-8" class="reference"><a href="#cite_note-RSKrugman1-1"><span class="cite-bracket">&#91;</span>1<span class="cite-bracket">&#93;</span></a></sup> </p><p>One incident illustrates the nature and tensions of the debate. The U.S. added $1.0 trillion to the national debt in fiscal year (FY) 2008, which ended in September 2008. The <a href="/wiki/Congressional_Budget_Office" title="Congressional Budget Office">Congressional Budget Office</a> projected two weeks prior to Obama's first inauguration that the deficit in FY 2009 (a year budgeted by President Bush) would be $1.2 trillion and that the debt increase over the following decade would be $3.1 trillion assuming the expiration of the <a href="/wiki/Bush_tax_cuts" title="Bush tax cuts">Bush tax cuts</a> as scheduled in 2010, or around $6.0 trillion if the Bush tax cuts were extended at all income levels. Adjusting other assumptions in the CBO baseline could have raised that debt level even higher.<sup id="cite_ref-CBO_2009_86-1" class="reference"><a href="#cite_note-CBO_2009-86"><span class="cite-bracket">&#91;</span>86<span class="cite-bracket">&#93;</span></a></sup> </p><p>In response to Republican criticism, President Obama claimed, </p> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1244412712"><blockquote class="templatequote"><p>The fact of the matter is that when we came into office, the deficit was $1.3 trillion [for FY 2009]...[with] $8 trillion worth of debt [projected] over the next decade.</p></blockquote> <p>a claim which Politifact rated as "Mostly True." President Obama had pledged not to raise taxes except on high income taxpayers, so his debt figure included the extension of the Bush tax cuts for most taxpayers. These facts did not stop Republicans from blaming the President for the ensuing debts during his administration.<sup id="cite_ref-Politifact_Deficits1_90-0" class="reference"><a href="#cite_note-Politifact_Deficits1-90"><span class="cite-bracket">&#91;</span>90<span class="cite-bracket">&#93;</span></a></sup> </p><p><i>The Balance</i> used three scenarios for describing the debt addition during the Obama Administration: </p> <ol><li>Debt added from when Obama was inaugurated January 20, 2009 ($10.6 trillion) to when he left office on January 20, 2017 ($20.0 trillion), an increase of $9.4 trillion. This calculation simply compares two points in time and does not analyze cause.</li> <li>Sum of the annual deficits in fiscal years budgeted by Obama (fiscal years 2010 to 2017), which totaled $6.5 trillion using the CBO historical tables. This also does not analyze cause.</li> <li>Measuring the debt added by Obama's policies, primarily the extension of the Bush tax cuts ($860 billion) and the ARRA stimulus ($800 billion).<sup id="cite_ref-91" class="reference"><a href="#cite_note-91"><span class="cite-bracket">&#91;</span>91<span class="cite-bracket">&#93;</span></a></sup></li></ol> <p>Within a month of the <a href="/wiki/United_States_elections,_2010" class="mw-redirect" title="United States elections, 2010">2010 midterm elections</a>, Obama announced a compromise deal with the Congressional Republican leadership that included a temporary, two-year extension of the <a href="/wiki/Bush_tax_cuts" title="Bush tax cuts">2001 and 2003 income tax rates</a>, a one-year <a href="/wiki/Federal_Insurance_Contributions_Act_tax" class="mw-redirect" title="Federal Insurance Contributions Act tax">payroll tax</a> reduction, continuation of unemployment benefits, and a new rate and exemption amount for <a href="/wiki/Estate_tax_in_the_United_States" title="Estate tax in the United States">estate taxes</a>.<sup id="cite_ref-92" class="reference"><a href="#cite_note-92"><span class="cite-bracket">&#91;</span>92<span class="cite-bracket">&#93;</span></a></sup> The compromise overcame opposition from some in both parties, and the resulting $858&#160;billion <a href="/wiki/Tax_Relief,_Unemployment_Insurance_Reauthorization,_and_Job_Creation_Act_of_2010" title="Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010">Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010</a> passed with bipartisan majorities in both houses of Congress before Obama signed it on December 17, 2010.<sup id="cite_ref-93" class="reference"><a href="#cite_note-93"><span class="cite-bracket">&#91;</span>93<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Debt_ceiling_crises">Debt ceiling crises</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=15" title="Edit section: Debt ceiling crises"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">Further information: <a href="/wiki/United_States_debt-ceiling_crisis_of_2011" class="mw-redirect" title="United States debt-ceiling crisis of 2011">United States debt-ceiling crisis of 2011</a></div> <p>On August 2, 2011, after a lengthy congressional <a href="/wiki/United_States_debt-ceiling_crisis_of_2011" class="mw-redirect" title="United States debt-ceiling crisis of 2011">debt limit debate</a>, Obama signed into law the bipartisan <a href="/wiki/Budget_Control_Act_of_2011" title="Budget Control Act of 2011">Budget Control Act of 2011</a>, which enforced limits on discretionary spending until 2021 (the "sequester"), established a procedure to increase the debt limit, created a Congressional Joint Select Committee on Deficit Reduction to propose further deficit reduction with a stated goal of achieving at least $1.5&#160;trillion in budgetary savings over 10 years, and established automatic procedures for reducing spending by as much as $1.2&#160;trillion if legislation originating with the new joint select committee does not achieve such savings.<sup id="cite_ref-Economist_No_Thanks_94-0" class="reference"><a href="#cite_note-Economist_No_Thanks-94"><span class="cite-bracket">&#91;</span>94<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-95" class="reference"><a href="#cite_note-95"><span class="cite-bracket">&#91;</span>95<span class="cite-bracket">&#93;</span></a></sup> </p><p>By passing the legislation, the U.S. was able to prevent a <a href="/wiki/Federal_government_of_the_United_States" title="Federal government of the United States">U.S. government</a> <a href="/wiki/Default_(finance)" title="Default (finance)">default</a> on its obligations, as Congressional Republicans had initially refused to raise the debt ceiling.<sup id="cite_ref-96" class="reference"><a href="#cite_note-96"><span class="cite-bracket">&#91;</span>96<span class="cite-bracket">&#93;</span></a></sup> President Obama referred to the situation as a "manufactured crisis", while Senate Minority Leader <a href="/wiki/Mitch_McConnell" title="Mitch McConnell">Mitch McConnell</a> called it "a new template...[raising] the debt ceiling will not be clean anymore."<sup id="cite_ref-Economist_No_Thanks_94-1" class="reference"><a href="#cite_note-Economist_No_Thanks-94"><span class="cite-bracket">&#91;</span>94<span class="cite-bracket">&#93;</span></a></sup> The Republicans attempted to use the <a href="/wiki/Debt_limit" title="Debt limit">debt limit</a> as a bargaining chip again in 2013, resulting in another <a href="/wiki/United_States_debt-ceiling_crisis_of_2013" class="mw-redirect" title="United States debt-ceiling crisis of 2013">debt ceiling crisis</a>, which was resolved with minor legislation. </p> <div class="mw-heading mw-heading3"><h3 id="Tax_policy">Tax policy</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=16" title="Edit section: Tax policy"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">See also: <a href="/wiki/Fiscal_cliff" class="mw-redirect" title="Fiscal cliff">Fiscal cliff</a></div> <p>President Obama pledged before he was elected not to raise taxes except on those couples earning over $250,000 (200,000 for individuals). With the <a href="/wiki/Bush_tax_cuts" title="Bush tax cuts">Bush tax cuts</a> extension scheduled to expire in January 2013, Obama had significant leverage with the Republican Congress, as his veto of further extensions would have resulted in a sizable income tax increase across the income spectrum, a significant expansion of government, but contrary to his pledge. His compromise, the <a href="/wiki/American_Taxpayer_Relief_Act_of_2012" title="American Taxpayer Relief Act of 2012">American Taxpayer Relief Act of 2012</a> (ATRA), passed by a wide majority in the Senate, with both <a href="/wiki/Democratic_Party_(United_States)" title="Democratic Party (United States)">Democrats</a> and <a href="/wiki/Republican_Party_(United_States)" title="Republican Party (United States)">Republicans</a> supporting it, while a majority of Republicans in the House opposed it. It extended the Bush tax cuts for roughly the bottom 99% of income earners (those earning below $400,000, or $450,000 for married couples). </p><p>Capital gains, dividends, and estate tax rates were also increased relative to the 2003–2012 levels; these also mainly affect high-income and wealthy households. It was estimated to increase revenues by $600 billion over a decade, roughly one-fifth of the amount if the tax cuts had been allowed to expire at all income levels. Stated another way, it extended roughly 80% of the Bush tax cuts indefinitely. Separately enacted as part of Obamacare, individual mandates and tobacco taxes impacted the middle class slightly, although they were mainly designed to adjust behavior rather than gather revenue.<sup id="cite_ref-97" class="reference"><a href="#cite_note-97"><span class="cite-bracket">&#91;</span>97<span class="cite-bracket">&#93;</span></a></sup> </p><p>ATRA reduced the deficit trajectory significantly relative to the CBO "Alternative baseline" or "current policy" baseline of March 2012, which projected $10.7 trillion in deficit increases (debt) over the 2013-2022 decade. That baseline assumed the Bush tax cuts and other tax cuts would again be extended at all levels and that the discretionary spending sequester negotiated as part of the Budget Control Act of 2011 would not be implemented. The February 2013 (post ATRA) CBO baseline had deficit increases of $6.8 trillion over a decade, so ATRA reduced these deficits by approximately $3.9 trillion relative to current policies. However, measured another way, relative to the CBO August 2012 "current law baseline" (which assumed deficits would total $2.3 trillion over a decade via the expiration of the Bush tax cuts at all levels, several other tax increases, and implementation of the sequester) ATRA raised the deficit by $4.5 trillion.<sup id="cite_ref-CBO_Budget_Projections_87-1" class="reference"><a href="#cite_note-CBO_Budget_Projections-87"><span class="cite-bracket">&#91;</span>87<span class="cite-bracket">&#93;</span></a></sup> The CBO had forecast that cutting the deficit towards the current law baseline would have a significant risk of recession in 2013 along with higher unemployment, so a more moderate trajectory was chosen by the President and Congress.<sup id="cite_ref-CBO_November_2012_Report_98-0" class="reference"><a href="#cite_note-CBO_November_2012_Report-98"><span class="cite-bracket">&#91;</span>98<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Trends_in_deficits_and_debt">Trends in deficits and debt</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=17" title="Edit section: Trends in deficits and debt"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:CBO_Forecast_Comparison_-_Obama_and_GW_Bush_-_v1.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/5/55/CBO_Forecast_Comparison_-_Obama_and_GW_Bush_-_v1.png/400px-CBO_Forecast_Comparison_-_Obama_and_GW_Bush_-_v1.png" decoding="async" width="400" height="220" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/55/CBO_Forecast_Comparison_-_Obama_and_GW_Bush_-_v1.png/600px-CBO_Forecast_Comparison_-_Obama_and_GW_Bush_-_v1.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/55/CBO_Forecast_Comparison_-_Obama_and_GW_Bush_-_v1.png/800px-CBO_Forecast_Comparison_-_Obama_and_GW_Bush_-_v1.png 2x" data-file-width="1410" data-file-height="776" /></a><figcaption>Comparison of annual federal deficits (CBO 10-year forecast from prior to inauguration vs. the actual amount), during the Obama and G.W. Bush presidencies. Bush added far more to the debt relative to the CBO 2001 forecast than Obama added relative to the CBO 2009 forecast.<sup id="cite_ref-99" class="reference"><a href="#cite_note-99"><span class="cite-bracket">&#91;</span>99<span class="cite-bracket">&#93;</span></a></sup></figcaption></figure> <p>Federal spending increased significantly from $3.0 trillion in FY2008 to $3.5 trillion in FY 2009, the last fiscal year budgeted by President Bush. This increase was mainly driven by the Great Recession, with significant increases in automatic stabilizers such as unemployment insurance and food stamps. Spending then roughly stabilized at that dollar level through 2015. For instance, 2014 spending of $3,506B was slightly below the 2009 level of $3,517B. Throughout 2015, the U.S. federal government spent $3.7 trillion, around the historical average relative to the size of the economy at 20.7% GDP. Projecting 2008 spending forward at the historical 5% rate, by 2015 federal spending was $500 billion below trend. Spending rose to $4.0 trillion or 20.8% GDP in FY2017, the last year budgeted by President Obama.<sup id="cite_ref-100" class="reference"><a href="#cite_note-100"><span class="cite-bracket">&#91;</span>100<span class="cite-bracket">&#93;</span></a></sup> </p><p>The budget deficit reached 9.8% GDP in 2009 in the depths of the recession, before steadily recovering to below the 3.0% GDP historical average (1970-2013) in 2014 (2.8% GDP) and 2015 (2.4% GDP).<sup id="cite_ref-CBO_BEO2016_23-2" class="reference"><a href="#cite_note-CBO_BEO2016-23"><span class="cite-bracket">&#91;</span>23<span class="cite-bracket">&#93;</span></a></sup> Federal spending per person rose approximately from $9,800 in 2008 to $11,440 in 2009 mainly due to the Great Recession, then declined somewhat (the first reduction since 1960) and remained relatively flat through 2015 at $11,480. It rose steadily thereafter to $12,217 in FY2017.<sup id="cite_ref-FRED_SpendperPerson_101-0" class="reference"><a href="#cite_note-FRED_SpendperPerson-101"><span class="cite-bracket">&#91;</span>101<span class="cite-bracket">&#93;</span></a></sup> </p><p>The national debt increased from $10.0 trillion in September 2008 to $19.6 trillion in September 2016.<sup id="cite_ref-TreasuryDirect1_102-0" class="reference"><a href="#cite_note-TreasuryDirect1-102"><span class="cite-bracket">&#91;</span>102<span class="cite-bracket">&#93;</span></a></sup> As described above, roughly $3 trillion of this increase was anticipated in the January 2009 CBO baseline forecast, or $6–8 trillion adjusting for the extension of the Bush tax cuts and other baseline overrides typically legislated.<sup id="cite_ref-CBO_2009_86-2" class="reference"><a href="#cite_note-CBO_2009-86"><span class="cite-bracket">&#91;</span>86<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-Politifact_Deficits1_90-1" class="reference"><a href="#cite_note-Politifact_Deficits1-90"><span class="cite-bracket">&#91;</span>90<span class="cite-bracket">&#93;</span></a></sup> Obama ultimately extended the Bush tax cuts for approximately 98% of taxpayers as part of the <a href="/wiki/American_Taxpayer_Relief_Act_of_2012" title="American Taxpayer Relief Act of 2012">American Taxpayer Relief Act of 2012</a>, allowing taxes to rise on the top 1–2% of income earners. This extension represented about 80% of the dollar value of the tax cuts. The debt held by the public (which excludes intra-governmental liabilities like the Social Security Trust Fund) rose from around 36% GDP in 2009 to 76% GDP in 2016, the highest level except for the post World War 2 era.<sup id="cite_ref-CBO_BEO2016_23-3" class="reference"><a href="#cite_note-CBO_BEO2016-23"><span class="cite-bracket">&#91;</span>23<span class="cite-bracket">&#93;</span></a></sup> </p><p>Upon taking office, the Obama administration eliminated four budgeting gimmicks the Bush administration had used to underestimate deficits, causing reported deficits to increase by $2.7 trillion over the coming decade.<sup id="cite_ref-103" class="reference"><a href="#cite_note-103"><span class="cite-bracket">&#91;</span>103<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Summary_of_major_budgetary_legislation">Summary of major budgetary legislation</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=18" title="Edit section: Summary of major budgetary legislation"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>President Obama signed four key laws that significantly impacted the level of revenue and spending: </p> <ol><li>The <a href="/wiki/American_Recovery_and_Reinvestment_Act_of_2009" title="American Recovery and Reinvestment Act of 2009">American Recovery and Reinvestment Act of 2009</a>, an $800 billion stimulus spending and tax cut bill;</li> <li>The <a href="/wiki/Affordable_Care_Act" title="Affordable Care Act">Patient Protection and Affordable Care Act</a>, also known as Obamacare, which CBO estimated would increase revenues and spending in approximately equal amounts;</li> <li>The <a href="/wiki/Tax_Relief,_Unemployment_Insurance_Reauthorization,_and_Job_Creation_Act_of_2010" title="Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010">Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010</a>, an $850 billion bill with payroll, income, and AMT tax cuts along with an extension of unemployment benefits; and</li> <li>The <a href="/wiki/American_Taxpayer_Relief_Act_of_2012" title="American Taxpayer Relief Act of 2012">American Taxpayer Relief Act of 2012</a>, which included the expiration of the <a href="/wiki/Bush_tax_cuts" title="Bush tax cuts">Bush tax cuts</a> for high income earners and implemented a sequester (cap) on spending for the military and other discretionary categories of spending. Compared against a baseline where the Bush tax cuts were allowed to expire for all levels of income, it significantly increased future deficits. Compared against the prior year, it significantly reduced the deficit and avoided some future cost increases.</li></ol> <p>Obama inherited a highly ambiguous fiscal outlook, with several important tax laws scheduled to expire during his first term in office, not to mention uncertainty regarding the depth of the financial crisis and Great Recession. These laws included the <a href="/wiki/Bush_tax_cuts" title="Bush tax cuts">Bush tax cuts</a> of 2001 and 2003 (scheduled to expire in 2010) and temporary "patches" that prevented the <a href="/wiki/Alternative_minimum_tax" title="Alternative minimum tax">alternative minimum tax</a> from impacting the middle class. This ambiguity resulted in the CBO publishing a second "alternative fiscal scenario" during 2009 to help explain the consequences of making this tax relief permanent over the following decades. This ambiguity culminated in the <a href="/wiki/United_States_fiscal_cliff" title="United States fiscal cliff">United States fiscal cliff</a> and was addressed by the latter two laws listed above, such that the CBO returned to publishing just one fiscal scenario by 2016.<sup id="cite_ref-CAP_1_104-0" class="reference"><a href="#cite_note-CAP_1-104"><span class="cite-bracket">&#91;</span>104<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Addressing_income_inequality">Addressing income inequality</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=19" title="Edit section: Addressing income inequality"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure typeof="mw:File/Thumb"><a href="/wiki/File:Average_US_Federal_Tax_Rates_1979_to_2013.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/8/8c/Average_US_Federal_Tax_Rates_1979_to_2013.png/400px-Average_US_Federal_Tax_Rates_1979_to_2013.png" decoding="async" width="400" height="215" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/8c/Average_US_Federal_Tax_Rates_1979_to_2013.png/600px-Average_US_Federal_Tax_Rates_1979_to_2013.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/8c/Average_US_Federal_Tax_Rates_1979_to_2013.png/800px-Average_US_Federal_Tax_Rates_1979_to_2013.png 2x" data-file-width="1036" data-file-height="556" /></a><figcaption>From 2012 to 2013, the average federal tax rate of the top 1% of income earners rose from 28% to 34%, due to tax increases in the ACA and the expiration of the Bush tax cuts for the highest income earners.</figcaption></figure> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:U.S._economic_variables_related_to_the_distribution_of_wealth_and_income.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/d/dd/U.S._economic_variables_related_to_the_distribution_of_wealth_and_income.png/400px-U.S._economic_variables_related_to_the_distribution_of_wealth_and_income.png" decoding="async" width="400" height="211" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/dd/U.S._economic_variables_related_to_the_distribution_of_wealth_and_income.png/600px-U.S._economic_variables_related_to_the_distribution_of_wealth_and_income.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/dd/U.S._economic_variables_related_to_the_distribution_of_wealth_and_income.png/800px-U.S._economic_variables_related_to_the_distribution_of_wealth_and_income.png 2x" data-file-width="1412" data-file-height="746" /></a><figcaption>Selected economic variables related to wealth and income equality, comparing 1979, 2007, and 2015.</figcaption></figure> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">See also: <a href="/wiki/Income_inequality_in_the_United_States" title="Income inequality in the United States">Income inequality in the United States</a></div> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:Wealth_inequality_panel_-_v1.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/f/f3/Wealth_inequality_panel_-_v1.png/400px-Wealth_inequality_panel_-_v1.png" decoding="async" width="400" height="219" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/f3/Wealth_inequality_panel_-_v1.png/600px-Wealth_inequality_panel_-_v1.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/f3/Wealth_inequality_panel_-_v1.png/800px-Wealth_inequality_panel_-_v1.png 2x" data-file-width="1427" data-file-height="783" /></a><figcaption>The image contains several charts related to U.S. wealth inequality. While U.S. net worth roughly doubled from 2000 to 2016, the gains went primarily to the wealthy. The share of wealth of the top 1% has increased since the 1970s.</figcaption></figure> <p>With the economy recovering and major budget legislation behind him, President Obama began to shift to another priority, income and wealth <a href="/wiki/Income_inequality_in_the_United_States" title="Income inequality in the United States">inequality</a>. From 1950 to 1979, the top 1% earned roughly a 10% share of the market or pre-tax income. However, this had risen to 24% by 2007, due to a combination of globalization, automation, and policy changes that weakened labor's bargaining position relative to capital.<sup id="cite_ref-ES1_15-3" class="reference"><a href="#cite_note-ES1-15"><span class="cite-bracket">&#91;</span>15<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-InequalityforAllMovie_105-0" class="reference"><a href="#cite_note-InequalityforAllMovie-105"><span class="cite-bracket">&#91;</span>105<span class="cite-bracket">&#93;</span></a></sup> Further, the <a href="/wiki/Center_for_American_Progress" title="Center for American Progress">Center for American Progress</a> estimated that 76% of the real income gains between 2009 and 2013 went to the top 1%.<sup id="cite_ref-CAP_SocScty_106-0" class="reference"><a href="#cite_note-CAP_SocScty-106"><span class="cite-bracket">&#91;</span>106<span class="cite-bracket">&#93;</span></a></sup> In December 2013, Obama declared that growing income inequality is a "defining challenge of our time" and called on Congress to bolster the safety net and raise wages. This came on the heels of the <a href="/wiki/Fast_food_worker_strikes" class="mw-redirect" title="Fast food worker strikes">nationwide strikes of fast-food workers</a> and <a href="/wiki/Pope_Francis" title="Pope Francis">Pope Francis</a>' criticism of inequality and <a href="/wiki/Trickle-down_economics" title="Trickle-down economics">trickle-down economics</a>.<sup id="cite_ref-pbs.org_16-1" class="reference"><a href="#cite_note-pbs.org-16"><span class="cite-bracket">&#91;</span>16<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-107" class="reference"><a href="#cite_note-107"><span class="cite-bracket">&#91;</span>107<span class="cite-bracket">&#93;</span></a></sup> </p><p>Income inequality can be addressed by pre-tax (market) income policies ("pre-distribution") that raise worker pay, as well as after-tax policies that raise taxes on higher-income taxpayers to fund transfers to lower-income taxpayers ("redistribution"). President Obama attempted both strategies, with some success in reducing both the pre-tax and after-tax share of income of the top 1% measured 2012 to 2013 (the most recent CBO data available as of December 2016), which means the share of income of the bottom 99% increased.<sup id="cite_ref-CBO_IE2016_17-1" class="reference"><a href="#cite_note-CBO_IE2016-17"><span class="cite-bracket">&#91;</span>17<span class="cite-bracket">&#93;</span></a></sup> </p><p>An alternate data series, from economists <a href="/wiki/Thomas_Piketty" title="Thomas Piketty">Piketty</a>, Saez, and Zucman (that includes 2014 data) also indicated that the income share of the top 1% both pre-tax and after-tax was <i>lower</i> in 2014 than 2012, indicating improved inequality. However, they also found the share of both pre-tax and after-tax income of the top 1% was slightly <i>higher</i> in 2014 than 2007.<sup id="cite_ref-PSZ_2014data_108-0" class="reference"><a href="#cite_note-PSZ_2014data-108"><span class="cite-bracket">&#91;</span>108<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Redistribution">Redistribution</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=20" title="Edit section: Redistribution"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Obama increased taxes on high-income taxpayers via: a) expiration of the Bush income tax cuts for the top 1–2% of income earners starting with 2013; and b) payroll tax increases on roughly the top 5% of earners as part of the ACA. This increased the average tax rate paid by the top 1% (incomes above $443,000 in 2015) from 28% in 2012 to 34% in 2013.<sup id="cite_ref-CBO_IE2016_17-2" class="reference"><a href="#cite_note-CBO_IE2016-17"><span class="cite-bracket">&#91;</span>17<span class="cite-bracket">&#93;</span></a></sup> According to the CBO, after-tax income inequality improved, by lowering the share of after-tax income received by the top 1% from 16.7% in 2007 to 15.1% in 2012 and to 12.4% in 2013.<sup id="cite_ref-CBO_IE2016_17-3" class="reference"><a href="#cite_note-CBO_IE2016-17"><span class="cite-bracket">&#91;</span>17<span class="cite-bracket">&#93;</span></a></sup> </p><p>The bottom 99% also saw an average federal tax rate increase by one percentage point from 2012 to 2013, mainly due to the expiration of the Obama payroll tax cuts, which were in place in 2011 and 2012. However, for income groups in the bottom 99%, the average federal tax rate remained at or below the 2007 level.<sup id="cite_ref-CBO_IE2016_17-4" class="reference"><a href="#cite_note-CBO_IE2016-17"><span class="cite-bracket">&#91;</span>17<span class="cite-bracket">&#93;</span></a></sup> <i>Politifact</i> rated the claim that Obama had cut taxes for middle-class families and small businesses as "Mostly True" in 2012.<sup id="cite_ref-Politifact_Obamataxes_109-0" class="reference"><a href="#cite_note-Politifact_Obamataxes-109"><span class="cite-bracket">&#91;</span>109<span class="cite-bracket">&#93;</span></a></sup> </p><p>In addition, the ACA Medicaid expansion (10 million persons in 2016) and subsidies (approximately 10 million persons received a total of $42 billion in 2016, or about $4,200 each) also served to address after-tax income inequality, by transferring money and providing health insurance to lower-income citizens.<sup id="cite_ref-Obama_Inequality_2-7" class="reference"><a href="#cite_note-Obama_Inequality-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup> A 2016 report from the Obama Administration claimed that "Tax changes enacted since 2009 have boosted the share of after-tax income received by the bottom 99 percent of families by more than the tax changes of any previous Administration since at least 1960."<sup id="cite_ref-Obama_Inequality_2-8" class="reference"><a href="#cite_note-Obama_Inequality-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Predistribution">Predistribution</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=21" title="Edit section: Predistribution"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>President Obama also attempted to address inequality before taxes (i.e., market income), with an increase in the minimum wage and infrastructure investment. While the Republican Congress did not support a federally-mandated increase in the minimum wage, 18 states did increase their minimum wages, benefiting an estimated 7 million workers, following the President's 2013 State of the Union speech calling for an increase.<sup id="cite_ref-Obama_Inequality_2-9" class="reference"><a href="#cite_note-Obama_Inequality-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup> During late 2015, the House and Senate, in rare bipartisan form, passed the largest infrastructure package in a decade, costing $305 billion over five years, less than the $478 billion in Obama's initial request. He signed the <a href="/wiki/Fixing_America%27s_Surface_Transportation_Act" title="Fixing America&#39;s Surface Transportation Act">Fixing America's Surface Transportation Act</a> into law in December 2015.<sup id="cite_ref-Atlantic_Infra15_19-1" class="reference"><a href="#cite_note-Atlantic_Infra15-19"><span class="cite-bracket">&#91;</span>19<span class="cite-bracket">&#93;</span></a></sup> </p><p>Obama also issued several executive orders and his administration issued regulatory rulings designed to help workers. One included raising the salary threshold above which employers do not have to pay overtime, from $455 to $913 per week. This would have increased the earnings of as many as 4.2 million workers beginning December 1, 2016, but it was blocked by a federal judge.<sup id="cite_ref-NYT_Overtime_110-0" class="reference"><a href="#cite_note-NYT_Overtime-110"><span class="cite-bracket">&#91;</span>110<span class="cite-bracket">&#93;</span></a></sup> The Labor Department also issued guidelines for employers on whether to treat contractors as employees; the latter receive additional pay and benefits. President Obama also issued executive orders to raise pay at companies that receive government contracts.<sup id="cite_ref-NYT_Helping_111-0" class="reference"><a href="#cite_note-NYT_Helping-111"><span class="cite-bracket">&#91;</span>111<span class="cite-bracket">&#93;</span></a></sup> </p><p>According to the CBO, the top 1% received 18.7% of the pre-tax income in 2007, but 17.3% in 2012 and 15.0% in 2013. This indicated some progress on pre-tax inequality as well.<sup id="cite_ref-CBO_IE2016_17-5" class="reference"><a href="#cite_note-CBO_IE2016-17"><span class="cite-bracket">&#91;</span>17<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Wealth_inequality">Wealth inequality</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=22" title="Edit section: Wealth inequality"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Wealth inequality had also risen similarly, with the share of wealth owned by the top 1% rising from 24% in 1979 to 36% by 2007.<sup id="cite_ref-ES2_Wealth_112-0" class="reference"><a href="#cite_note-ES2_Wealth-112"><span class="cite-bracket">&#91;</span>112<span class="cite-bracket">&#93;</span></a></sup> While U.S. household net worth rose nearly 30% from its pre-crisis peak in 2007 to 2016,<sup id="cite_ref-FRED_HH_18-1" class="reference"><a href="#cite_note-FRED_HH-18"><span class="cite-bracket">&#91;</span>18<span class="cite-bracket">&#93;</span></a></sup> much of this gain went to the wealthiest Americans, as it had prior to his tenure.<sup id="cite_ref-ES2_Wealth_112-1" class="reference"><a href="#cite_note-ES2_Wealth-112"><span class="cite-bracket">&#91;</span>112<span class="cite-bracket">&#93;</span></a></sup> By 2015, the share of wealth owned by the top 1% reached 42%. However, the share of wealth owned by the bottom 50% fell from 2.9% in 1979 to 2.6% in 2007 and 1.1% in 2015, as the crisis did additional damage to highly leveraged households that had purchased homes with low down-payments.<sup id="cite_ref-ES2_Wealth_112-2" class="reference"><a href="#cite_note-ES2_Wealth-112"><span class="cite-bracket">&#91;</span>112<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-Mian_and_Sufi2014_113-0" class="reference"><a href="#cite_note-Mian_and_Sufi2014-113"><span class="cite-bracket">&#91;</span>113<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Trade">Trade</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=23" title="Edit section: Trade"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In 2011, Obama signed three trade deals with <a href="/wiki/United_States%E2%80%93Colombia_Free_Trade_Agreement" title="United States–Colombia Free Trade Agreement">Colombia</a>, <a href="/wiki/Panama%E2%80%93United_States_Trade_Promotion_Agreement" title="Panama–United States Trade Promotion Agreement">Panama</a>, <a href="/wiki/United_States%E2%80%93Korea_Free_Trade_Agreement" title="United States–Korea Free Trade Agreement">South Korea</a>.<sup id="cite_ref-114" class="reference"><a href="#cite_note-114"><span class="cite-bracket">&#91;</span>114<span class="cite-bracket">&#93;</span></a></sup> President Obama has urged Congress to ratify a 12-nation free trade pact called the <a href="/wiki/Trans-Pacific_Partnership" title="Trans-Pacific Partnership">Trans-Pacific Partnership</a>.<sup id="cite_ref-115" class="reference"><a href="#cite_note-115"><span class="cite-bracket">&#91;</span>115<span class="cite-bracket">&#93;</span></a></sup> In theory, free trade enables economies to focus on those products where they have <a href="/wiki/Comparative_advantage" title="Comparative advantage">comparative advantage</a>, making both economies better off. While trade maximizes the overall outcome, specific groups are helped or hurt by trade. Due to a backlash against globalization in both the U.S. and Europe by working-class voters, several politicians in the 2016 U.S. election expressed their opposition to the deal.<sup id="cite_ref-Krugman_Trade_116-0" class="reference"><a href="#cite_note-Krugman_Trade-116"><span class="cite-bracket">&#91;</span>116<span class="cite-bracket">&#93;</span></a></sup> </p><p>The trade deficit (imports greater than exports) fell dramatically as a result of the Great Recession, falling from a 2006 pre-crisis record peak of $802 billion to $380 billion by 2009. During Obama's presidency, the trade deficit moved in a range between approximately $400 and $500 billion.<sup id="cite_ref-FRED_TD_117-0" class="reference"><a href="#cite_note-FRED_TD-117"><span class="cite-bracket">&#91;</span>117<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Economic_results_summary">Economic results summary</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=24" title="Edit section: Economic results summary"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:U.S._economic_variables_during_President_Obama%27s_tenure.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/2/28/U.S._economic_variables_during_President_Obama%27s_tenure.png/400px-U.S._economic_variables_during_President_Obama%27s_tenure.png" decoding="async" width="400" height="233" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/2/28/U.S._economic_variables_during_President_Obama%27s_tenure.png/600px-U.S._economic_variables_during_President_Obama%27s_tenure.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/2/28/U.S._economic_variables_during_President_Obama%27s_tenure.png/800px-U.S._economic_variables_during_President_Obama%27s_tenure.png 2x" data-file-width="1318" data-file-height="768" /></a><figcaption>Several major U.S. economic variables during the Great Recession and President Obama's terms in office.</figcaption></figure> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:Obama_panel_v3.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/d/dd/Obama_panel_v3.png/400px-Obama_panel_v3.png" decoding="async" width="400" height="224" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/dd/Obama_panel_v3.png/600px-Obama_panel_v3.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/dd/Obama_panel_v3.png/800px-Obama_panel_v3.png 2x" data-file-width="1405" data-file-height="788" /></a><figcaption>Panel chart showing several economic variables related to household income and net worth</figcaption></figure> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:Presidential_Comparison_Real_GDP_-_v1.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/1/1e/Presidential_Comparison_Real_GDP_-_v1.png/400px-Presidential_Comparison_Real_GDP_-_v1.png" decoding="async" width="400" height="222" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/1e/Presidential_Comparison_Real_GDP_-_v1.png/600px-Presidential_Comparison_Real_GDP_-_v1.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/1e/Presidential_Comparison_Real_GDP_-_v1.png/800px-Presidential_Comparison_Real_GDP_-_v1.png 2x" data-file-width="1301" data-file-height="723" /></a><figcaption>U.S. cumulative real (inflation-adjusted) GDP growth by President.<sup id="cite_ref-118" class="reference"><a href="#cite_note-118"><span class="cite-bracket">&#91;</span>118<span class="cite-bracket">&#93;</span></a></sup></figcaption></figure> <p>The economic performance during the Obama administration can be measured by analyzing several key variables:<sup id="cite_ref-Obama_BTN_119-0" class="reference"><a href="#cite_note-Obama_BTN-119"><span class="cite-bracket">&#91;</span>119<span class="cite-bracket">&#93;</span></a></sup> Analysis conducted by <a href="/wiki/Bloomberg_News" title="Bloomberg News">Bloomberg News</a> in January 2019 found that the Obama economy after two years ranked second among the seven presidents from 1977 to 2019, based on fourteen metrics of economic activity and financial performance.<sup id="cite_ref-120" class="reference"><a href="#cite_note-120"><span class="cite-bracket">&#91;</span>120<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Overall">Overall</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=25" title="Edit section: Overall"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li>Economic growth, measured as the change in real <a href="/wiki/GDP" class="mw-redirect" title="GDP">GDP</a>, averaged 2.0% from Q2 2009 to Q4 2016. This was slower than the 2.6% average from Q1 1989 to Q4 2008.<sup id="cite_ref-FRED_RealGDP_121-0" class="reference"><a href="#cite_note-FRED_RealGDP-121"><span class="cite-bracket">&#91;</span>121<span class="cite-bracket">&#93;</span></a></sup> Real GDP grew nearly 3% during President Bush's first term but only 0.5% during his second. During the Clinton administration, the GDP growth was close to 4%, slightly faster than the Reagan administration.<sup id="cite_ref-Economist_GDP_122-0" class="reference"><a href="#cite_note-Economist_GDP-122"><span class="cite-bracket">&#91;</span>122<span class="cite-bracket">&#93;</span></a></sup></li> <li>Real GDP rose from $14.4 trillion in Q1 2009 to $16.8 trillion in Q4 2016, a cumulative increase of $2.4 trillion or 16.6%.<sup id="cite_ref-123" class="reference"><a href="#cite_note-123"><span class="cite-bracket">&#91;</span>123<span class="cite-bracket">&#93;</span></a></sup> Real GDP per capita rose from $46,930 in 2009 to $51,523 in 2016 (a record level), an increase of $4,593 or 9.7%.<sup id="cite_ref-124" class="reference"><a href="#cite_note-124"><span class="cite-bracket">&#91;</span>124<span class="cite-bracket">&#93;</span></a></sup></li> <li>Inflation (measured by CPI-All Urban Consumers, All Items) fell to a historically low level during his administration, averaging 1.4% from Q2 2009 to Q4 2016, well below the 3.0% average from Q1 1989 to Q4 2008.<sup id="cite_ref-FRED_Inflation&amp;Interest_125-0" class="reference"><a href="#cite_note-FRED_Inflation&amp;Interest-125"><span class="cite-bracket">&#91;</span>125<span class="cite-bracket">&#93;</span></a></sup></li> <li>Interest rates also fell and remained very low. The yield on the 10-year Treasury bond averaged 2.4% from Q2 2009 to Q4 2016, well below the 5.8% average from Q1 1989-Q4 2008.<sup id="cite_ref-FRED_Inflation&amp;Interest_125-1" class="reference"><a href="#cite_note-FRED_Inflation&amp;Interest-125"><span class="cite-bracket">&#91;</span>125<span class="cite-bracket">&#93;</span></a></sup></li> <li>The debt held by the public rose from $6.3 trillion on January 31, 2009, to $14.4 trillion on December 31, 2016, an increase of $8.1 trillion or 128%.<sup id="cite_ref-Debt_1_126-0" class="reference"><a href="#cite_note-Debt_1-126"><span class="cite-bracket">&#91;</span>126<span class="cite-bracket">&#93;</span></a></sup> Measured as a&#160;% GDP, it rose from 52.3% GDP in 2009 to 76% GDP by 2016.<sup id="cite_ref-CRFB2016_127-0" class="reference"><a href="#cite_note-CRFB2016-127"><span class="cite-bracket">&#91;</span>127<span class="cite-bracket">&#93;</span></a></sup> As described above, most of the debt increase was inherited from the prior administration (e.g., tax cuts and wars) or was due to the Great Recession (e.g., declining revenue and higher automatic stabilizer spending), as opposed to Obama's policies.<sup id="cite_ref-Politifact_Deficits1_90-2" class="reference"><a href="#cite_note-Politifact_Deficits1-90"><span class="cite-bracket">&#91;</span>90<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-CBPP_Debt_128-0" class="reference"><a href="#cite_note-CBPP_Debt-128"><span class="cite-bracket">&#91;</span>128<span class="cite-bracket">&#93;</span></a></sup></li> <li>The national debt (the debt held by the public plus intra-governmental debt) rose from $10.6 trillion on January 31, 2009, to $20.0 trillion on December 31, 2016, an increase of $9.4 trillion or 88%.<sup id="cite_ref-Debt_1_126-1" class="reference"><a href="#cite_note-Debt_1-126"><span class="cite-bracket">&#91;</span>126<span class="cite-bracket">&#93;</span></a></sup></li> <li>Obama presided over the third longest economic expansion among the 33 expansions tracked since records began in 1857, and the longest continuous stretch of private sector job creation since records began in 1939.<sup id="cite_ref-129" class="reference"><a href="#cite_note-129"><span class="cite-bracket">&#91;</span>129<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-130" class="reference"><a href="#cite_note-130"><span class="cite-bracket">&#91;</span>130<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-131" class="reference"><a href="#cite_note-131"><span class="cite-bracket">&#91;</span>131<span class="cite-bracket">&#93;</span></a></sup></li></ul> <div class="mw-heading mw-heading3"><h3 id="Labor_market">Labor market</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=26" title="Edit section: Labor market"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li>The number of civilian persons employed rose from 142.1 million in January 2009 to 152.1 million by December 2016, an increase of 10.0 million or 7.0%.<sup id="cite_ref-132" class="reference"><a href="#cite_note-132"><span class="cite-bracket">&#91;</span>132<span class="cite-bracket">&#93;</span></a></sup></li> <li>The unemployment rate (U-3), rose during the Great Recession to peak at 10.0%, then fell back towards full employment by the end of his two terms to 4.7%, similar to 2007 pre-crisis levels during the Bush administration, and well-below the historical average of 5.8%. The wider U-6 rate, which includes marginally attached and those working part-time for economic reasons, followed a similar path to peak at 17.1%, but ended slightly above the pre-crisis levels at 9.2%.<sup id="cite_ref-FRED_Unemploy_52-1" class="reference"><a href="#cite_note-FRED_Unemploy-52"><span class="cite-bracket">&#91;</span>52<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-BLS_Charts_133-0" class="reference"><a href="#cite_note-BLS_Charts-133"><span class="cite-bracket">&#91;</span>133<span class="cite-bracket">&#93;</span></a></sup></li> <li>The ratio of employed to civilian population ("EM Ratio") for the prime working age group (ages 25 to 54) fell from around 80% pre-crisis to 75% by early 2010, then steadily recovered to 78% by 2016. However, the labor force participation rate ("LFPR") for that group continued a long-term downward trend,<sup id="cite_ref-Obama_Inequality_2-10" class="reference"><a href="#cite_note-Obama_Inequality-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup> falling from around 83% pre-crisis to 81% during Obama's tenure.<sup id="cite_ref-FRED_LFPR&amp;EM_134-0" class="reference"><a href="#cite_note-FRED_LFPR&amp;EM-134"><span class="cite-bracket">&#91;</span>134<span class="cite-bracket">&#93;</span></a></sup></li> <li>Between 2014 and 2015, real median household income grew 5.2%, or $2,800, the fastest growth on record. Contrary to prior trends, these gains were widely shared across the income distribution.<sup id="cite_ref-Obama_Inequality_2-11" class="reference"><a href="#cite_note-Obama_Inequality-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup></li> <li>The 2017 <i>Economic Report of the President</i> stated that: "Since the end of 2012, private production and non-supervisory workers, who comprise about 80 percent of private-sector employment, have seen their real hourly earnings increase by 5.3 percent, more than the total cumulative real wage gains for these workers from 1980 to 2007. Overall, real hourly wage growth since the business cycle peak in December 2007 has averaged 0.8 percent a year for these workers, the fastest growth of any business cycle (measured peak-to-peak) since the 1970s."<sup id="cite_ref-Obama_Inequality_2-12" class="reference"><a href="#cite_note-Obama_Inequality-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup></li> <li>The percent of persons aged 25 or older with a bachelor's degree or higher increased from 27.7% in 2008 to 30.1% in 2016.<sup id="cite_ref-135" class="reference"><a href="#cite_note-135"><span class="cite-bracket">&#91;</span>135<span class="cite-bracket">&#93;</span></a></sup></li></ul> <div class="mw-heading mw-heading3"><h3 id="Households">Households</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=27" title="Edit section: Households"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li>Real median household income reached a record level of $59,039 by 2016, after recovering from a trough of $53,331 in 2012. The $2,800 or 5.2% increase between 2014 and 2015 was the largest one-year increase since the government started keeping track in 1968, and was followed by a 3.2% increase between 2015 and 2016.<sup id="cite_ref-Politico_Awesome_3-1" class="reference"><a href="#cite_note-Politico_Awesome-3"><span class="cite-bracket">&#91;</span>3<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-FRED_Real_Median_Household_Income_136-0" class="reference"><a href="#cite_note-FRED_Real_Median_Household_Income-136"><span class="cite-bracket">&#91;</span>136<span class="cite-bracket">&#93;</span></a></sup></li> <li>U.S. household and non-profit net worth also reached record highs, growing from $54.4 trillion in Q1 2009 to $92.8 trillion by Q4 2016, an increase of 70%, driven primarily by record stock and bond prices. Measured from the pre-crisis peak of $67.7 trillion in Q2 2007, it increased 37%.<sup id="cite_ref-FRED_HHNW_137-0" class="reference"><a href="#cite_note-FRED_HHNW-137"><span class="cite-bracket">&#91;</span>137<span class="cite-bracket">&#93;</span></a></sup></li> <li>U.S. households significantly reduced their debt burden, from a peak of 99% GDP in 2008 to 80% by Q4 2016,<sup id="cite_ref-FRED_HHDebt_138-0" class="reference"><a href="#cite_note-FRED_HHDebt-138"><span class="cite-bracket">&#91;</span>138<span class="cite-bracket">&#93;</span></a></sup> as they increased savings to pay off mortgages or lost their homes to foreclosure in the Great Recession. This debt reduction ("deleveraging") was a headwind to the recovery through much of President Obama's tenure.<sup id="cite_ref-139" class="reference"><a href="#cite_note-139"><span class="cite-bracket">&#91;</span>139<span class="cite-bracket">&#93;</span></a></sup> In contrast, during the Bush administration, households had increased their debt burden dramatically, which boosted the economy but later proved unsustainable.<sup id="cite_ref-Mian_and_Sufi2014_113-1" class="reference"><a href="#cite_note-Mian_and_Sufi2014-113"><span class="cite-bracket">&#91;</span>113<span class="cite-bracket">&#93;</span></a></sup></li> <li>The official poverty rate in 2015 was 13.5%, down from 14.8% in 2014 but up from 12.5% in 2007, as the economy recovered from the Great Recession of 2007, 2008, and 2009. In 2015, there were 43.1 million in poverty, 3.5 million less than 2014.<sup id="cite_ref-Census_Income&amp;Poverty2015_140-0" class="reference"><a href="#cite_note-Census_Income&amp;Poverty2015-140"><span class="cite-bracket">&#91;</span>140<span class="cite-bracket">&#93;</span></a></sup> This was the largest one-year drop in the poverty rate since the 1960s.<sup id="cite_ref-Obama_Inequality_2-13" class="reference"><a href="#cite_note-Obama_Inequality-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup></li> <li><a href="/wiki/Student_loans_in_the_United_States" title="Student loans in the United States">Student loan</a> debt rose from $706.1 billion (4.8% GDP) in Q1 2009 to $1,406.8 billion (7.45% GDP) in Q4 2016.<sup id="cite_ref-FRED_Studentloans_141-0" class="reference"><a href="#cite_note-FRED_Studentloans-141"><span class="cite-bracket">&#91;</span>141<span class="cite-bracket">&#93;</span></a></sup></li></ul> <div class="mw-heading mw-heading3"><h3 id="Businesses_and_markets">Businesses and markets</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=28" title="Edit section: Businesses and markets"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li>U.S. corporate profits reached their highest level in history, both in terms of dollars ($1.771 trillion annualized in Q4 2014) and GDP percent (10.8% in Q1 2012). Corporate profits were robust after 2009 and remained near record levels from Q1 2012 to Q4 2016. Annualized corporate profits rose from $1.0 trillion in Q1 2009 to $1.7 trillion in Q4 2016, an increase of 70%.<sup id="cite_ref-FRED_CPT_142-0" class="reference"><a href="#cite_note-FRED_CPT-142"><span class="cite-bracket">&#91;</span>142<span class="cite-bracket">&#93;</span></a></sup></li> <li>The stock market, measured by the S&amp;P500 index, rose from its 10-year low of 676.53 on March 9, 2009, to 2,204.72 by November 23, 2016, a 226% increase.<sup id="cite_ref-FRED_SP500_143-0" class="reference"><a href="#cite_note-FRED_SP500-143"><span class="cite-bracket">&#91;</span>143<span class="cite-bracket">&#93;</span></a></sup> The S&amp;P500 reached record highs 118 times during the Obama presidency.<sup id="cite_ref-144" class="reference"><a href="#cite_note-144"><span class="cite-bracket">&#91;</span>144<span class="cite-bracket">&#93;</span></a></sup></li> <li>The stock market, measured by the Dow Jones Industrial Average, fell from its October 9, 2007 pre-crisis peak of 14,164.53 to 6,594.44 on March 5, 2009. It regained the pre-crisis peak on March 5, 2013, closing at 14,253.77. It rose to 18,636.52 on August 15, 2016, and 19,974.62 on December 20, 2016.<sup id="cite_ref-145" class="reference"><a href="#cite_note-145"><span class="cite-bracket">&#91;</span>145<span class="cite-bracket">&#93;</span></a></sup></li></ul> <div class="mw-heading mw-heading3"><h3 id="Energy">Energy</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=29" title="Edit section: Energy"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li>Imports of petroleum products fell from 1.85% GDP in 2009 to 0.86% GDP in 2016.<sup id="cite_ref-FRED_Petrolimports_146-0" class="reference"><a href="#cite_note-FRED_Petrolimports-146"><span class="cite-bracket">&#91;</span>146<span class="cite-bracket">&#93;</span></a></sup> The U.S. was less reliant on foreign oil than it has been in nearly 30 years.<sup id="cite_ref-Obama_Inequality_2-14" class="reference"><a href="#cite_note-Obama_Inequality-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup></li> <li>Gasoline prices fluctuated between $2.00 and $4.00, falling towards the lower part of that range after mid-2014.<sup id="cite_ref-FREDGasprices_147-0" class="reference"><a href="#cite_note-FREDGasprices-147"><span class="cite-bracket">&#91;</span>147<span class="cite-bracket">&#93;</span></a></sup></li> <li>From 2008 to 2016, the U.S. tripled the amount of energy harnessed from wind and increased solar power generation by a factor of 30.<sup id="cite_ref-Obama_Inequality_2-15" class="reference"><a href="#cite_note-Obama_Inequality-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup></li> <li>In June 2014 the Obama administration waived the crude oil export ban that had been in place since the <a href="/wiki/1973_oil_crisis" title="1973 oil crisis">1973 oil crisis</a>, injecting American oil production into global trading markets.<sup id="cite_ref-148" class="reference"><a href="#cite_note-148"><span class="cite-bracket">&#91;</span>148<span class="cite-bracket">&#93;</span></a></sup> Prices for benchmark <a href="/wiki/Brent_crude" class="mw-redirect" title="Brent crude">Brent crude</a> and American gasoline immediately declined precipitously.<sup id="cite_ref-149" class="reference"><a href="#cite_note-149"><span class="cite-bracket">&#91;</span>149<span class="cite-bracket">&#93;</span></a></sup> Congress and Obama fully repealed the export ban in December 2015.<sup id="cite_ref-150" class="reference"><a href="#cite_note-150"><span class="cite-bracket">&#91;</span>150<span class="cite-bracket">&#93;</span></a></sup></li></ul> <div class="mw-heading mw-heading3"><h3 id="Comparison_with_subsequent_administrations">Comparison with subsequent administrations</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=30" title="Edit section: Comparison with subsequent administrations"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">See also: <a href="/wiki/Economic_policy_of_the_Donald_Trump_administration" class="mw-redirect" title="Economic policy of the Donald Trump administration">Economic policy of the Donald Trump administration</a></div> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:Scorecard_Trump_vs._Obama.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/7/76/Scorecard_Trump_vs._Obama.png/450px-Scorecard_Trump_vs._Obama.png" decoding="async" width="450" height="255" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/7/76/Scorecard_Trump_vs._Obama.png/675px-Scorecard_Trump_vs._Obama.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/7/76/Scorecard_Trump_vs._Obama.png/900px-Scorecard_Trump_vs._Obama.png 2x" data-file-width="1398" data-file-height="791" /></a><figcaption>Economic scorecard comparing Trump and Obama presidencies. Refer to sources on the detail page.</figcaption></figure> <p>President Trump often disparaged the economic record of Barack Obama during both the Obama and Trump presidencies, often using false or misleading statistics. However, on many key variables Trump compared unfavorably with President Obama's record through year three of Trump's presidency (i.e., 2019, before the impact of the coronavirus pandemic in 2020), while other variables continued trends established during the Obama era. </p> <ol><li>Job creation was slower in Trump's first 36 months (6.6 million) than Obama's last 36 months (8.1 million).<sup id="cite_ref-151" class="reference"><a href="#cite_note-151"><span class="cite-bracket">&#91;</span>151<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-NYT1_152-0" class="reference"><a href="#cite_note-NYT1-152"><span class="cite-bracket">&#91;</span>152<span class="cite-bracket">&#93;</span></a></sup></li> <li>The unemployment rate fell from 10.0% in October 2009 to 4.7% by December 2016, a 5.3 percentage point decline. The 4.7% rate was below the historical average of 5.6%. Under Trump, it then fell to 3.5% by November 2019, another 1.2 percentage points.<sup id="cite_ref-153" class="reference"><a href="#cite_note-153"><span class="cite-bracket">&#91;</span>153<span class="cite-bracket">&#93;</span></a></sup> This improvement pattern was similar for all racial groups after 2010.<sup id="cite_ref-154" class="reference"><a href="#cite_note-154"><span class="cite-bracket">&#91;</span>154<span class="cite-bracket">&#93;</span></a></sup></li> <li>The budget deficit increased significantly as a percent of GDP and in dollar terms under President Trump, rising from 3.2% GDP and $585 billion in fiscal year 2016 at the end of the Obama Administration, to $984 billion and 4.7% GDP by fiscal year 2019.<sup id="cite_ref-155" class="reference"><a href="#cite_note-155"><span class="cite-bracket">&#91;</span>155<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-156" class="reference"><a href="#cite_note-156"><span class="cite-bracket">&#91;</span>156<span class="cite-bracket">&#93;</span></a></sup></li> <li>The number of persons without health insurance (i.e., uninsured) rose from 28.2 million in 2016 to 32.8 million in 2019, an increase of 4.6 million or 16%. President Trump's first year (2017) was the first year with an increase in uninsured since 2010.<sup id="cite_ref-157" class="reference"><a href="#cite_note-157"><span class="cite-bracket">&#91;</span>157<span class="cite-bracket">&#93;</span></a></sup></li> <li>The stock market (measured by the S&amp;P500) increased cumulatively by 77% in Obama's first term and 59% in Obama's second term, versus 68% in Trump's term.<sup id="cite_ref-158" class="reference"><a href="#cite_note-158"><span class="cite-bracket">&#91;</span>158<span class="cite-bracket">&#93;</span></a></sup> According to <i>Marketwatch</i>, S&amp;P 500 annual average growth was 13.84% under Obama and 13.73% under Trump. The Dow Jones Industrial Average grew 12.10% on average under Obama versus 11.77% under Trump.<sup id="cite_ref-Marketwatch1_159-0" class="reference"><a href="#cite_note-Marketwatch1-159"><span class="cite-bracket">&#91;</span>159<span class="cite-bracket">&#93;</span></a></sup> President Trump cut corporate income taxes by about one-third and increased budget deficits.<sup id="cite_ref-160" class="reference"><a href="#cite_note-160"><span class="cite-bracket">&#91;</span>160<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-161" class="reference"><a href="#cite_note-161"><span class="cite-bracket">&#91;</span>161<span class="cite-bracket">&#93;</span></a></sup></li> <li>Real (inflation-adjusted) wages grew faster from 2014 to 2016 under Obama at 1.3% per year on average, versus 0.8% for 2017-2019 under President Trump.<sup id="cite_ref-162" class="reference"><a href="#cite_note-162"><span class="cite-bracket">&#91;</span>162<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-NYT1_152-1" class="reference"><a href="#cite_note-NYT1-152"><span class="cite-bracket">&#91;</span>152<span class="cite-bracket">&#93;</span></a></sup></li> <li>Real GDP averaged 2.5% in Trump's first 3 years, vs 2.4% for Obama's final three years.<sup id="cite_ref-163" class="reference"><a href="#cite_note-163"><span class="cite-bracket">&#91;</span>163<span class="cite-bracket">&#93;</span></a></sup></li></ol> <div class="mw-heading mw-heading2"><h2 id="Economic_narratives">Economic narratives</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=31" title="Edit section: Economic narratives"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:Sectoral_Financial_Balances_in_U.S._Economy.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/3/33/Sectoral_Financial_Balances_in_U.S._Economy.png/400px-Sectoral_Financial_Balances_in_U.S._Economy.png" decoding="async" width="400" height="223" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/3/33/Sectoral_Financial_Balances_in_U.S._Economy.png/600px-Sectoral_Financial_Balances_in_U.S._Economy.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/3/33/Sectoral_Financial_Balances_in_U.S._Economy.png/800px-Sectoral_Financial_Balances_in_U.S._Economy.png 2x" data-file-width="1388" data-file-height="775" /></a><figcaption>Sectoral financial balances in U.S. economy 1990–2017. By definition, the three balances must net to zero. During President Obama's tenure, an increase in the private sector surplus due to the Great Recession drove a corresponding government budget deficit.<sup id="cite_ref-businessinsider.com_164-0" class="reference"><a href="#cite_note-businessinsider.com-164"><span class="cite-bracket">&#91;</span>164<span class="cite-bracket">&#93;</span></a></sup></figcaption></figure> <p>One narrative for explaining the economic and budgetary performance during President Obama's tenure uses <a href="/wiki/Sectoral_balances" title="Sectoral balances">sectoral balances</a>. By <a href="/wiki/Identity_(mathematics)" title="Identity (mathematics)">definition</a>, a country running a trade deficit (capital surplus) and where private savings exceeds business investment (private sector surplus) must run a government budget deficit, as the three must net to zero. Both <a href="/wiki/Martin_Wolf" title="Martin Wolf">Martin Wolf</a><sup id="cite_ref-blogs.ft.com_165-0" class="reference"><a href="#cite_note-blogs.ft.com-165"><span class="cite-bracket">&#91;</span>165<span class="cite-bracket">&#93;</span></a></sup> and <a href="/wiki/Paul_Krugman" title="Paul Krugman">Paul Krugman</a><sup id="cite_ref-166" class="reference"><a href="#cite_note-166"><span class="cite-bracket">&#91;</span>166<span class="cite-bracket">&#93;</span></a></sup> explained that as the Great Recession hit, the saving (deleveraging) of the private sector significantly increased, while business investment declined in the face of reduced <a href="/wiki/Consumer_spending" title="Consumer spending">consumer spending</a>. This created an enormous private sector surplus. Since the trade deficit did not change significantly, the offset was a large increase in the government budget deficit. The record drop in tax revenue and large increases in automatic stabilizer expenditures (such as unemployment compensation, food stamps, and disability payments) were the mechanism for much of the additional deficit and debt increases, even before new economic policies were implemented. The significant reduction in demand implied by the increase in the private sector surplus (i.e., consumers and businesses saving rather than spending or investing) created a severe recession.<sup id="cite_ref-businessinsider.com_164-1" class="reference"><a href="#cite_note-businessinsider.com-164"><span class="cite-bracket">&#91;</span>164<span class="cite-bracket">&#93;</span></a></sup> </p><p>Another way to look at President Obama's tenure is as a slow recovery from a combined financial crisis and recession. Research indicates such recoveries can be protracted, with lengthy periods of high unemployment and substandard economic growth.<sup id="cite_ref-167" class="reference"><a href="#cite_note-167"><span class="cite-bracket">&#91;</span>167<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-washingtonpost.com_63-1" class="reference"><a href="#cite_note-washingtonpost.com-63"><span class="cite-bracket">&#91;</span>63<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-168" class="reference"><a href="#cite_note-168"><span class="cite-bracket">&#91;</span>168<span class="cite-bracket">&#93;</span></a></sup> The U.S. economy steadily recovered as homeowners completed their deleveraging (debt reduction) and began to spend again, encouraging businesses to hire and invest. Supporting the recovery process were the stimulative monetary policies of the Federal Reserve, which maintained low interest rates and asset buying programs to encourage economic growth throughout President Obama's tenure.<sup id="cite_ref-FED_LaelBrainard1_169-0" class="reference"><a href="#cite_note-FED_LaelBrainard1-169"><span class="cite-bracket">&#91;</span>169<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Views_before_election">Views before election</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=32" title="Edit section: Views before election"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading3"><h3 id="Energy_policy">Energy policy</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=33" title="Edit section: Energy policy"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:Obama_Portrait_2006.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/c/c3/Obama_Portrait_2006.jpg/170px-Obama_Portrait_2006.jpg" decoding="async" width="170" height="255" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/c/c3/Obama_Portrait_2006.jpg/255px-Obama_Portrait_2006.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/c/c3/Obama_Portrait_2006.jpg/340px-Obama_Portrait_2006.jpg 2x" data-file-width="2336" data-file-height="3504" /></a><figcaption><a href="/wiki/Barack_Obama" title="Barack Obama">Barack Obama</a> delivering a speech at the <a href="/wiki/University_of_Southern_California" title="University of Southern California">University of Southern California</a> in support of <a href="/wiki/California_Proposition_87_(2006)" class="mw-redirect" title="California Proposition 87 (2006)">California Proposition 87</a></figcaption></figure> <p>In his <a href="/wiki/New_Energy_For_America" class="mw-redirect" title="New Energy For America">New Energy For America</a> plan, Obama proposed to reduce overall U.S. <a href="/wiki/Oil_consumption" class="mw-redirect" title="Oil consumption">oil consumption</a> by at least 35%, or 10 million barrels per day, by 2030 in order to offset imports from <a href="/wiki/OPEC" title="OPEC">OPEC</a> nations.<sup id="cite_ref-170" class="reference"><a href="#cite_note-170"><span class="cite-bracket">&#91;</span>170<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-171" class="reference"><a href="#cite_note-171"><span class="cite-bracket">&#91;</span>171<span class="cite-bracket">&#93;</span></a></sup> And by 2011 the United States was said to be "awash with domestic oil and increasingly divorced and less reliant on foreign imports".<sup id="cite_ref-172" class="reference"><a href="#cite_note-172"><span class="cite-bracket">&#91;</span>172<span class="cite-bracket">&#93;</span></a></sup> </p><p>Obama voted in favor of the <a href="/wiki/Energy_Policy_Act_of_2005" title="Energy Policy Act of 2005">Energy Policy Act of 2005</a>, which provided incentives (chiefly tax breaks) to reduce national consumption of energy and to encourage a wide range of alternative energy sources.<sup id="cite_ref-173" class="reference"><a href="#cite_note-173"><span class="cite-bracket">&#91;</span>173<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-174" class="reference"><a href="#cite_note-174"><span class="cite-bracket">&#91;</span>174<span class="cite-bracket">&#93;</span></a></sup> It also resulted in a net tax increase on oil companies.<sup id="cite_ref-175" class="reference"><a href="#cite_note-175"><span class="cite-bracket">&#91;</span>175<span class="cite-bracket">&#93;</span></a></sup> </p><p>Obama and other senators introduced the <a href="/wiki/BioFuels_Security_Act" title="BioFuels Security Act">BioFuels Security Act</a> in 2006. "It's time for Congress to realize what farmers in America's heartland have known all along – that we have the capacity and ingenuity to decrease our dependence on foreign oil by growing our own fuel," Obama said.<sup id="cite_ref-176" class="reference"><a href="#cite_note-176"><span class="cite-bracket">&#91;</span>176<span class="cite-bracket">&#93;</span></a></sup> In a May 2006 letter to President <a href="/wiki/George_W._Bush" title="George W. Bush">George W. Bush</a>, he joined four other <a href="/wiki/Midwestern_United_States" title="Midwestern United States">midwest</a> farming state senators in calling for the preservation of a $0.54-per-gallon <a href="/wiki/Tariff" title="Tariff">tariff</a> on imported <a href="/wiki/Ethanol" title="Ethanol">ethanol</a>.<sup id="cite_ref-177" class="reference"><a href="#cite_note-177"><span class="cite-bracket">&#91;</span>177<span class="cite-bracket">&#93;</span></a></sup> </p><p>In an interview with <a href="/wiki/NBC" title="NBC">NBC</a>'s <a href="/wiki/Tim_Russert" title="Tim Russert">Tim Russert</a> on May 4, 2008, Obama said, "...we've got a serious food problem around the world. We've got <a href="/wiki/2007%E2%80%932008_world_food_price_crisis" title="2007–2008 world food price crisis">rising food prices</a> here in the United States." "There's no doubt that <a href="/wiki/Biofuel" title="Biofuel">biofuels</a> may be contributing to it. And what I've said is, my top priority is making sure that people are able to get enough to eat. And if it turns out that we've got to make changes in our ethanol policy to help people get something to eat, then that's got to be the step we take."<sup id="cite_ref-178" class="reference"><a href="#cite_note-178"><span class="cite-bracket">&#91;</span>178<span class="cite-bracket">&#93;</span></a></sup> </p><p>On the issue of <a href="/wiki/Nuclear_power" title="Nuclear power">nuclear power</a>, in 2005, Obama stated, "... as Congress considers policies to address air quality and the deleterious effects of carbon emissions on the global ecosystem, it is reasonable – and realistic – for nuclear power to remain on the table for consideration. Illinois has 11 nuclear power plants – the most of any State in the country – and nuclear power provides more than half of Illinois's electricity needs."<sup id="cite_ref-179" class="reference"><a href="#cite_note-179"><span class="cite-bracket">&#91;</span>179<span class="cite-bracket">&#93;</span></a></sup> Regarding McCain's plans for 45 new nuclear power plants, Obama said that it's not serious, it's not new, it's not the kind of energy policy that will give families the relief they need.<sup id="cite_ref-180" class="reference"><a href="#cite_note-180"><span class="cite-bracket">&#91;</span>180<span class="cite-bracket">&#93;</span></a></sup> Obama declared himself flatly opposed to building the <a href="/wiki/Yucca_Mountain_nuclear_waste_repository" title="Yucca Mountain nuclear waste repository">Yucca Mountain nuclear waste repository</a> in <a href="/wiki/Nevada" title="Nevada">Nevada</a>.<sup id="cite_ref-181" class="reference"><a href="#cite_note-181"><span class="cite-bracket">&#91;</span>181<span class="cite-bracket">&#93;</span></a></sup> Furthermore, he opposed new nuclear plants until the problems of nuclear waste storage, safety and cost can be addressed.<sup id="cite_ref-182" class="reference"><a href="#cite_note-182"><span class="cite-bracket">&#91;</span>182<span class="cite-bracket">&#93;</span></a></sup> </p><p>In 2006, in response to Illinois residents' concerns about unreported radioactive leaks by <a href="/wiki/Exelon_Corporation" class="mw-redirect" title="Exelon Corporation">Exelon Corporation</a>, Obama introduced a Senate bill to effect mandatory disclosure of such leaks. In 2008, <i><a href="/wiki/The_New_York_Times" title="The New York Times">The New York Times</a></i>, which had endorsed <a href="/wiki/Hillary_Clinton" title="Hillary Clinton">Hillary Clinton</a>,<sup id="cite_ref-183" class="reference"><a href="#cite_note-183"><span class="cite-bracket">&#91;</span>183<span class="cite-bracket">&#93;</span></a></sup> charged that, in revising his bill, Obama had "removed language mandating prompt reporting and simply offered guidance to regulators".<sup id="cite_ref-184" class="reference"><a href="#cite_note-184"><span class="cite-bracket">&#91;</span>184<span class="cite-bracket">&#93;</span></a></sup> In response, the Obama campaign cited a <i><a href="/wiki/National_Journal" title="National Journal">National Journal</a></i> analysis of the revised bill, showing that "Obama's bill would require that any leak of radioactive materials exceeding the levels set by the <a href="/wiki/Nuclear_Regulatory_Commission" title="Nuclear Regulatory Commission">Nuclear Regulatory Commission</a> and the <a href="/wiki/United_States_Environmental_Protection_Agency" title="United States Environmental Protection Agency">EPA</a> be reported to state and local authorities, and to the NRC within 24 hours."<sup id="cite_ref-185" class="reference"><a href="#cite_note-185"><span class="cite-bracket">&#91;</span>185<span class="cite-bracket">&#93;</span></a></sup> </p> <figure class="mw-default-size mw-halign-left" typeof="mw:File/Thumb"><a href="/wiki/File:Obama_Afghanistan_2008_crop.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/6/6b/Obama_Afghanistan_2008_crop.jpg/220px-Obama_Afghanistan_2008_crop.jpg" decoding="async" width="220" height="209" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/6/6b/Obama_Afghanistan_2008_crop.jpg/330px-Obama_Afghanistan_2008_crop.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/6/6b/Obama_Afghanistan_2008_crop.jpg/440px-Obama_Afghanistan_2008_crop.jpg 2x" data-file-width="983" data-file-height="936" /></a><figcaption>U.S. Senator <a href="/wiki/Barack_Obama" title="Barack Obama">Barack Obama</a></figcaption></figure> <p>Obama and other senators introduced a bill in 2007 to promote the development of commercially viable <a href="/wiki/Plug-in_hybrids" class="mw-redirect" title="Plug-in hybrids">plug-in hybrids</a> and other electric-drive vehicles in order to shift away from <a href="/wiki/Petroleum" title="Petroleum">petroleum</a> fuels and "toward much cleaner – and cheaper – electricity for transportation".<sup id="cite_ref-186" class="reference"><a href="#cite_note-186"><span class="cite-bracket">&#91;</span>186<span class="cite-bracket">&#93;</span></a></sup> Similar legislation is now in effect in the Energy Independence and Security Act of 2007.<sup id="cite_ref-EISA_187-0" class="reference"><a href="#cite_note-EISA-187"><span class="cite-bracket">&#91;</span>187<span class="cite-bracket">&#93;</span></a></sup> Obama proposes that the U.S. Government invest in such developments using revenue generated from an auction-based <a href="/wiki/Cap-and-trade" class="mw-redirect" title="Cap-and-trade">cap-and-trade</a> or <a href="/wiki/Emissions_trading" title="Emissions trading">emissions trading</a> program to reduce <a href="/wiki/Greenhouse_gas_emissions" title="Greenhouse gas emissions">greenhouse gas emissions</a>.<sup id="cite_ref-188" class="reference"><a href="#cite_note-188"><span class="cite-bracket">&#91;</span>188<span class="cite-bracket">&#93;</span></a></sup> </p><p>Obama stresses innovation as a means to improve <a href="/wiki/Efficient_energy_use" title="Efficient energy use">energy efficiency</a>, calling for a 50% improvement by 2030. He has called for a 50 miles per US gallon (4.7&#160;L/100&#160;km; 60&#160;mpg<sub>&#8209;imp</sub>) rule, proposing <a href="/wiki/Tax_credits" class="mw-redirect" title="Tax credits">tax credits</a> to automakers in order to ease the transition. </p><p>He opposes drilling in the <a href="/wiki/Arctic_National_Wildlife_Refuge" title="Arctic National Wildlife Refuge">Arctic National Wildlife Refuge</a>. </p><p>On June 22, 2008, Obama proposed tightening regulations on oil speculators in an effort to ease <a href="/wiki/Oil_price_increases_since_2003" class="mw-redirect" title="Oil price increases since 2003">record high prices of oil</a>.<sup id="cite_ref-189" class="reference"><a href="#cite_note-189"><span class="cite-bracket">&#91;</span>189<span class="cite-bracket">&#93;</span></a></sup> "My plan fully closes the <a href="/wiki/Enron_loophole" title="Enron loophole">Enron loophole</a> and restores common-sense regulation," Obama said.<sup id="cite_ref-190" class="reference"><a href="#cite_note-190"><span class="cite-bracket">&#91;</span>190<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Health_care">Health care</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=34" title="Edit section: Health care"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">See also: <a href="/wiki/Health_care_reform_in_the_United_States" class="mw-redirect" title="Health care reform in the United States">Health care reform in the United States</a> and <a href="/wiki/Health_care_reform_in_the_United_States_presidential_election,_2008" class="mw-redirect" title="Health care reform in the United States presidential election, 2008">Health care reform in the United States presidential election, 2008</a></div> <figure class="mw-default-size mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:Flickr_Obama_Austin_01.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flickr_Obama_Austin_01.jpg/220px-Flickr_Obama_Austin_01.jpg" decoding="async" width="220" height="165" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flickr_Obama_Austin_01.jpg/330px-Flickr_Obama_Austin_01.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flickr_Obama_Austin_01.jpg/440px-Flickr_Obama_Austin_01.jpg 2x" data-file-width="640" data-file-height="480" /></a><figcaption>Obama supporters at a campaign rally in <a href="/wiki/Austin,_Texas" title="Austin, Texas">Austin</a>, <a href="/wiki/Texas" title="Texas">Texas</a>, on February 23, 2007. President Obama said he supports <a href="/wiki/Universal_health_care" title="Universal health care">universal health care</a> and programs to increase access to education.<sup id="cite_ref-191" class="reference"><a href="#cite_note-191"><span class="cite-bracket">&#91;</span>191<span class="cite-bracket">&#93;</span></a></sup></figcaption></figure> <p>On January 24, 2007, Obama spoke about his position on health care at <a href="/wiki/Families_USA" title="Families USA">Families USA</a>, a health care advocacy group. Obama said, "The time has come for <a href="/wiki/Universal_health_care" title="Universal health care">universal health care</a> in America [...] I am absolutely determined that by the end of the first term of the next president, we should have universal health care in this country." Obama went on to say that he believed that it was wrong that forty-seven million Americans are uninsured, noting that taxpayers already pay over $15 billion annually to care for the uninsured.<sup id="cite_ref-192" class="reference"><a href="#cite_note-192"><span class="cite-bracket">&#91;</span>192<span class="cite-bracket">&#93;</span></a></sup> Obama cites cost as the reason so many Americans are without health insurance.<sup id="cite_ref-193" class="reference"><a href="#cite_note-193"><span class="cite-bracket">&#91;</span>193<span class="cite-bracket">&#93;</span></a></sup> Obama's health care plan includes implementing guaranteed eligibility for affordable health care for all Americans, paid for by insurance reform, reducing costs, removing <a href="/wiki/Patent" title="Patent">patent</a> protection for pharmaceuticals, and required employer contributions.<sup id="cite_ref-194" class="reference"><a href="#cite_note-194"><span class="cite-bracket">&#91;</span>194<span class="cite-bracket">&#93;</span></a></sup> He would provide for mandatory health care insurance for children. </p><p>In July 2008 <i><a href="/wiki/The_New_York_Times" title="The New York Times">The New York Times</a></i> reported that Senator Obama has promised to "bring down premiums by $2,500 for the typical family." His advisers have said that the $2,500 premium reduction includes, in addition to direct premium savings, the average family's share of the reduction in employer paid health insurance premiums and the reduction in the cost of government health programs such as <a href="/wiki/Medicare_(United_States)" title="Medicare (United States)">Medicare</a> and <a href="/wiki/Medicaid" title="Medicaid">Medicaid</a>.<sup id="cite_ref-195" class="reference"><a href="#cite_note-195"><span class="cite-bracket">&#91;</span>195<span class="cite-bracket">&#93;</span></a></sup> </p><p>The <a href="/wiki/Associated_Press" title="Associated Press">Associated Press</a> reported in September 2008 that Senator Obama was proposing a National Health Insurance Exchange that would include both private insurance plans and a Medicare-like government run option. Coverage would be guaranteed regardless of health status, and premiums would not vary based on health status either. The campaign estimates the cost of the program at $60 billion annually. The plan requires that parents cover their children, but does not require adults to buy insurance.<sup id="cite_ref-196" class="reference"><a href="#cite_note-196"><span class="cite-bracket">&#91;</span>196<span class="cite-bracket">&#93;</span></a></sup> </p><p>According to an October 26, 2008, article in <i>The New York Times</i>, Obama is considering a new payroll tax on large and medium employers who do not already provide their employees with health insurance, and this tax would be used to pay for health care for uninsured people, but Obama has not cited the specific percentage of payroll that the tax would be, or how small a number of employees the employer would have to have in order to be exempt from the tax.<sup id="cite_ref-197" class="reference"><a href="#cite_note-197"><span class="cite-bracket">&#91;</span>197<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Homes,_mortgages,_mortgage_crisis,_and_real_estate_industry"><span id="Homes.2C_mortgages.2C_mortgage_crisis.2C_and_real_estate_industry"></span>Homes, mortgages, mortgage crisis, and real estate industry</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=35" title="Edit section: Homes, mortgages, mortgage crisis, and real estate industry"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Obama voted for the $700 billion <a href="/wiki/Emergency_Economic_Stabilization_Act_of_2008" title="Emergency Economic Stabilization Act of 2008">Emergency Economic Stabilization Act of 2008</a>.<sup id="cite_ref-198" class="reference"><a href="#cite_note-198"><span class="cite-bracket">&#91;</span>198<span class="cite-bracket">&#93;</span></a></sup> </p><p>Obama introduced the Stop Fraud Act<sup id="cite_ref-199" class="reference"><a href="#cite_note-199"><span class="cite-bracket">&#91;</span>199<span class="cite-bracket">&#93;</span></a></sup> to increase penalties for mortgage fraud by <a href="/wiki/Mortgage_brokers" class="mw-redirect" title="Mortgage brokers">mortgage brokers</a> and <a href="/wiki/Real_estate_brokers" class="mw-redirect" title="Real estate brokers">real estate brokers</a> and to provide more protections for low-income homebuyers. </p><p>In regards to capital gains on house sales, Obama says he favors increasing <a href="/wiki/Capital_gains" class="mw-redirect" title="Capital gains">capital gains</a> tax above the present 15% rate to 20% for families whose income is above $250,000.<sup id="cite_ref-200" class="reference"><a href="#cite_note-200"><span class="cite-bracket">&#91;</span>200<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Views_related_to_income_inequality">Views related to income inequality</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=36" title="Edit section: Views related to income inequality"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading4"><h4 id="Corporate_governance">Corporate governance</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=37" title="Edit section: Corporate governance"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>On April 20, 2007, Obama introduced a bill in the Senate (Shareholder Vote on Executive Compensation Act – S. 1181) requiring public companies to give shareholders an annual nonbinding vote on executive compensation, popularly called "<a href="/wiki/Say_on_pay" title="Say on pay">Say on pay</a>." A companion bill introduced by Rep. <a href="/wiki/Barney_Frank" title="Barney Frank">Barney Frank</a> passed the House the same day.<sup id="cite_ref-201" class="reference"><a href="#cite_note-201"><span class="cite-bracket">&#91;</span>201<span class="cite-bracket">&#93;</span></a></sup> Several corporations voluntarily have begun to give shareholders such a vote because of concerns about excessive <a href="/wiki/CEO" class="mw-redirect" title="CEO">CEO</a> salaries. </p> <div class="mw-heading mw-heading4"><h4 id="Labor_rights">Labor rights</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=38" title="Edit section: Labor rights"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Obama supported the <a href="/wiki/Employee_Free_Choice_Act" title="Employee Free Choice Act">Employee Free Choice Act</a>, a bill that adds penalties for labor violations and which would circumvent the <a href="/wiki/Card_check" title="Card check">secret ballot</a> requirement to organize a union. Obama promises to sign the EFCA into law.<sup id="cite_ref-202" class="reference"><a href="#cite_note-202"><span class="cite-bracket">&#91;</span>202<span class="cite-bracket">&#93;</span></a></sup> He is also a co-sponsor of the "Re-empowerment of Skilled and Professional Employees and Construction Tradesworkers" or RESPECT act (S. 969) that aims to overturn the <a href="/wiki/National_Labor_Relations_Board" title="National Labor Relations Board">National Labor Relations Board</a>'s "Kentucky River" <a href="/wiki/List_of_United_States_Supreme_Court_cases,_volume_532" title="List of United States Supreme Court cases, volume 532">532</a>&#32;<a href="/wiki/United_States_Reports" title="United States Reports">U.S.</a> <a rel="nofollow" class="external text" href="https://supreme.justia.com/cases/federal/us/532/706/">706</a>&#32;(2001) decision that redefined many employees lacking the authority to hire, fire, or discipline, as "supervisors" who are not protected by federal labor laws.<sup id="cite_ref-203" class="reference"><a href="#cite_note-203"><span class="cite-bracket">&#91;</span>203<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-204" class="reference"><a href="#cite_note-204"><span class="cite-bracket">&#91;</span>204<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading4"><h4 id="Minimum_wage">Minimum wage</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=39" title="Edit section: Minimum wage"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Obama favored the increase in the federal <a href="/wiki/Minimum_wage" title="Minimum wage">minimum wage</a> from $5.15 an hour to $7.25, and he voted to end the <a href="/wiki/Filibuster" title="Filibuster">filibuster</a> against a bill to accomplish that.<sup id="cite_ref-205" class="reference"><a href="#cite_note-205"><span class="cite-bracket">&#91;</span>205<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-206" class="reference"><a href="#cite_note-206"><span class="cite-bracket">&#91;</span>206<span class="cite-bracket">&#93;</span></a></sup> He favored raising it to $9.50 an hour by 2011, and then indexing it for inflation afterwards.<sup id="cite_ref-207" class="reference"><a href="#cite_note-207"><span class="cite-bracket">&#91;</span>207<span class="cite-bracket">&#93;</span></a></sup> In his <a href="/wiki/State_of_the_Union_address" class="mw-redirect" title="State of the Union address">State of the Union speech</a> in 2012, he hinted at proposing legislation to raise minimum wage rate to $9.00/hr sometime during his next term.<sup id="cite_ref-208" class="reference"><a href="#cite_note-208"><span class="cite-bracket">&#91;</span>208<span class="cite-bracket">&#93;</span></a></sup> In January 2014 he signed an executive order raising the minimum wage for federal "workers who are performing services or constructing buildings" to $10.10/hr and began garnering support for a bill to enact this change nationally. The change made to the federal worker minimum wage applies only to new contracts or contracts having their terms changed and takes effect beginning in 2015.<sup id="cite_ref-209" class="reference"><a href="#cite_note-209"><span class="cite-bracket">&#91;</span>209<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-210" class="reference"><a href="#cite_note-210"><span class="cite-bracket">&#91;</span>210<span class="cite-bracket">&#93;</span></a></sup> </p><p>In April 2014, the United States Senate debated the <a href="/wiki/Minimum_Wage_Fairness_Act_(S._1737;_113th_Congress)" class="mw-redirect" title="Minimum Wage Fairness Act (S. 1737; 113th Congress)">Minimum Wage Fairness Act (S. 1737; 113th Congress)</a>. The bill would amend the <a href="/wiki/Fair_Labor_Standards_Act_of_1938" title="Fair Labor Standards Act of 1938">Fair Labor Standards Act of 1938</a> (FLSA) to increase the federal minimum wage for employees to $10.10 per hour over the course of a two-year period.<sup id="cite_ref-1737sum_211-0" class="reference"><a href="#cite_note-1737sum-211"><span class="cite-bracket">&#91;</span>211<span class="cite-bracket">&#93;</span></a></sup> The bill was strongly supported by President <a href="/wiki/Barack_Obama" title="Barack Obama">Barack Obama</a> and many of the Democratic senators, but strongly opposed by Republicans in the Senate and House.<sup id="cite_ref-ObamaClearChoice_212-0" class="reference"><a href="#cite_note-ObamaClearChoice-212"><span class="cite-bracket">&#91;</span>212<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-Reidpunts_213-0" class="reference"><a href="#cite_note-Reidpunts-213"><span class="cite-bracket">&#91;</span>213<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-CentristRepubs_214-0" class="reference"><a href="#cite_note-CentristRepubs-214"><span class="cite-bracket">&#91;</span>214<span class="cite-bracket">&#93;</span></a></sup> Obama strongly supported increasing the minimum wage, giving speeches about it urging Congress to take action.<sup id="cite_ref-ObamaClearChoice_212-1" class="reference"><a href="#cite_note-ObamaClearChoice-212"><span class="cite-bracket">&#91;</span>212<span class="cite-bracket">&#93;</span></a></sup> Obama argued that "if you pay people well, there's more money in everybody's pockets, and everybody does better."<sup id="cite_ref-ObamaClearChoice_212-2" class="reference"><a href="#cite_note-ObamaClearChoice-212"><span class="cite-bracket">&#91;</span>212<span class="cite-bracket">&#93;</span></a></sup> </p><p>Ultimately, the federal minimum wage by the end of Obama's term was still at $7.25 an hour.<sup id="cite_ref-215" class="reference"><a href="#cite_note-215"><span class="cite-bracket">&#91;</span>215<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-216" class="reference"><a href="#cite_note-216"><span class="cite-bracket">&#91;</span>216<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading4"><h4 id="Equal_pay">Equal pay</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=40" title="Edit section: Equal pay"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Obama favors the concept of equal pay (the abolition of <a href="/wiki/Wage" title="Wage">wage</a> differences between genders).<sup id="cite_ref-217" class="reference"><a href="#cite_note-217"><span class="cite-bracket">&#91;</span>217<span class="cite-bracket">&#93;</span></a></sup> He has supported legislation designed to improve the effectiveness of the <a href="/wiki/Equal_Pay_Act_of_1963" title="Equal Pay Act of 1963">Equal Pay Act of 1963</a>.<sup id="cite_ref-218" class="reference"><a href="#cite_note-218"><span class="cite-bracket">&#91;</span>218<span class="cite-bracket">&#93;</span></a></sup> In 2007, the House of Representatives passed the <a href="/wiki/Lilly_Ledbetter_Fair_Pay_Act" class="mw-redirect" title="Lilly Ledbetter Fair Pay Act">Lilly Ledbetter Fair Pay Act</a>, which, according to the <a href="/wiki/National_Federation_of_Independent_Business" title="National Federation of Independent Business">National Federation of Independent Business</a>, would have allowed "employees to file charges of pay discrimination within 180 days of the last received paycheck affected by the alleged discriminatory decision."<sup id="cite_ref-219" class="reference"><a href="#cite_note-219"><span class="cite-bracket">&#91;</span>219<span class="cite-bracket">&#93;</span></a></sup> The bill would have overturned the <a href="/wiki/Supreme_Court_of_the_United_States" title="Supreme Court of the United States">Supreme Court</a> decision in <a href="/wiki/Ledbetter_v._Goodyear_Tire_%26_Rubber_Co." title="Ledbetter v. Goodyear Tire &amp; Rubber Co."><i>Ledbetter v. Goodyear</i></a>. There the Court dismissed a woman's discrimination claim because she had filed it more than 180 days after the <i>first</i> affected paycheck. The bill died in a 2008 Senate vote in which Obama and other Democrats could not break a Republican <a href="/wiki/Filibuster" title="Filibuster">filibuster</a>.<sup id="cite_ref-220" class="reference"><a href="#cite_note-220"><span class="cite-bracket">&#91;</span>220<span class="cite-bracket">&#93;</span></a></sup> In the 111th congress it was passed again, and Obama signed it on January 29, 2009.<sup id="cite_ref-221" class="reference"><a href="#cite_note-221"><span class="cite-bracket">&#91;</span>221<span class="cite-bracket">&#93;</span></a></sup> The Trump administration has ended the Lilly Ledbetter fair pay act <sup id="cite_ref-222" class="reference"><a href="#cite_note-222"><span class="cite-bracket">&#91;</span>222<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading4"><h4 id="Education">Education</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=41" title="Edit section: Education"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>During an October 2004 debate, Obama stated that he opposed the mainstream view on education. </p><p>In a July 2007 address to the <a href="/wiki/National_Education_Association" title="National Education Association">National Education Association</a>, Obama supported <a href="/wiki/Merit_pay" title="Merit pay">merit pay</a> for teachers, to be based on standards to be developed "with teachers."<sup id="cite_ref-msnbc_nea_223-0" class="reference"><a href="#cite_note-msnbc_nea-223"><span class="cite-bracket">&#91;</span>223<span class="cite-bracket">&#93;</span></a></sup> Obama also called for higher pay for teachers.<sup id="cite_ref-msnbc_nea_223-1" class="reference"><a href="#cite_note-msnbc_nea-223"><span class="cite-bracket">&#91;</span>223<span class="cite-bracket">&#93;</span></a></sup> Obama's plan is estimated to cost $18 billion annually and was originally planned to be partially funded by delaying <a href="/wiki/NASA" title="NASA">NASA</a>'s <a href="/wiki/Project_Constellation" class="mw-redirect" title="Project Constellation">Constellation program</a> for five years<sup id="cite_ref-baltimoresun_224-0" class="reference"><a href="#cite_note-baltimoresun-224"><span class="cite-bracket">&#91;</span>224<span class="cite-bracket">&#93;</span></a></sup> but he has since reconsidered and stated that he will look for "an entirely different offset."<sup id="cite_ref-orlandosentinel.com_225-0" class="reference"><a href="#cite_note-orlandosentinel.com-225"><span class="cite-bracket">&#91;</span>225<span class="cite-bracket">&#93;</span></a></sup> "We owe it to our children to invest in early-childhood education; and recruit an army of new teachers and give them better pay and more support; and finally decide that, in this global economy, the chance to get a college education should not be a privilege for the few, but a birthright of every American."<sup id="cite_ref-226" class="reference"><a href="#cite_note-226"><span class="cite-bracket">&#91;</span>226<span class="cite-bracket">&#93;</span></a></sup> He also is against the teaching of <a href="/wiki/Intelligent_design" title="Intelligent design">intelligent design</a> as science, but supports teaching <a href="/wiki/Theology" title="Theology">theology</a>.<sup id="cite_ref-227" class="reference"><a href="#cite_note-227"><span class="cite-bracket">&#91;</span>227<span class="cite-bracket">&#93;</span></a></sup> </p><p>Obama has proposed the <a href="/wiki/American_opportunity_tax_credit" class="mw-redirect" title="American opportunity tax credit">American Opportunity Tax Credit</a>, which would provide a refundable <a href="/wiki/Tax_credit" title="Tax credit">tax credit</a> for education in exchange for <a href="/wiki/Community_service" title="Community service">community service</a>.<sup id="cite_ref-228" class="reference"><a href="#cite_note-228"><span class="cite-bracket">&#91;</span>228<span class="cite-bracket">&#93;</span></a></sup> </p><p>Obama wants 5,000 failing schools to close, and then reopen with new principals and teachers.<sup id="cite_ref-229" class="reference"><a href="#cite_note-229"><span class="cite-bracket">&#91;</span>229<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Network_neutrality_and_government_use_of_information_technology">Network neutrality and government use of information technology</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=42" title="Edit section: Network neutrality and government use of information technology"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In a June 2006 podcast, Obama expressed support for telecommunications legislation to protect <a href="/wiki/Network_neutrality_in_the_US" class="mw-redirect" title="Network neutrality in the US">network neutrality</a> on the Internet, saying: "It is because the <a href="/wiki/Internet" title="Internet">Internet</a> is a neutral platform that I can put out this <a href="/wiki/Podcast" title="Podcast">podcast</a> and transmit it over the Internet without having to go through any corporate media middleman. I can say what I want without <a href="/wiki/Censorship" title="Censorship">censorship</a> or without having to pay a special charge. But the big telephone and cable companies want to change the Internet as we know it."<sup id="cite_ref-230" class="reference"><a href="#cite_note-230"><span class="cite-bracket">&#91;</span>230<span class="cite-bracket">&#93;</span></a></sup> </p><p>Obama reaffirmed his commitment to net neutrality at a meeting with <a href="/wiki/Google" title="Google">Google</a> employees in November 2007, at which he said, "once providers start to privilege some applications or web sites over others, then the smaller voices get squeezed out, and we all lose."<sup id="cite_ref-231" class="reference"><a href="#cite_note-231"><span class="cite-bracket">&#91;</span>231<span class="cite-bracket">&#93;</span></a></sup> At the same event, Obama pledged to appoint a <a href="/wiki/Chief_technical_officer" class="mw-redirect" title="Chief technical officer">chief technology officer</a> to oversee the U.S. government's management of <a href="/wiki/Information_technology" title="Information technology">IT</a> resources and promote wider access to government information and decision making.<sup id="cite_ref-232" class="reference"><a href="#cite_note-232"><span class="cite-bracket">&#91;</span>232<span class="cite-bracket">&#93;</span></a></sup> </p><p>In a February 2014 official blog post titled "We The People Response: Reaffirming the White House's Commitment to Net Neutrality", the Obama administration, via <a href="/wiki/Chief_technical_officer" class="mw-redirect" title="Chief technical officer">chief technology officer</a> <a href="/wiki/Todd_Park" title="Todd Park">Todd Park</a>, once again reaffirmed its commitment to net neutrality by stating, "Preserving an open Internet is vital not to just to the free flow of information, but also to promoting innovation and economic productivity. The Trump administration repealed net neutrality in 2017.<sup id="cite_ref-233" class="reference"><a href="#cite_note-233"><span class="cite-bracket">&#91;</span>233<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Taxation">Taxation</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=43" title="Edit section: Taxation"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">See also: <a href="/wiki/Buffett_rule" class="mw-redirect" title="Buffett rule">Buffett rule</a> and <a href="/wiki/Comparison_of_the_2008_United_States_presidential_candidates#Tax_policy" title="Comparison of the 2008 United States presidential candidates">Comparison of the 2008 United States presidential candidates §&#160;Tax policy</a></div> <p>Under Obama's plan, middle-class families would see their income taxes cut, with no family making less than $250,000 seeing an increase. In June 2008, Obama voted in favor of a budget that would raise the taxes on unmarried individuals with a taxable income of over $32,000 by pushing their tax bracket from 25% to 28%.<sup id="cite_ref-234" class="reference"><a href="#cite_note-234"><span class="cite-bracket">&#91;</span>234<span class="cite-bracket">&#93;</span></a></sup> Obama has proposed a tax plan which includes <a href="/wiki/Tax_credit#Tax_credits_as_a_form_of_state_benefit" title="Tax credit">tax credits</a> to lower the amount of taxes paid. It is argued that the typical middle-class family would receive over $1,000 in tax relief, with tax payments that are 20% lower than they faced under President <a href="/wiki/Ronald_Reagan" title="Ronald Reagan">Ronald Reagan</a>. According to the Tax Policy Center, the Obama plan provides three times as much tax relief for middle-class families as the McCain plan.<sup id="cite_ref-origin.barackobama.com_235-0" class="reference"><a href="#cite_note-origin.barackobama.com-235"><span class="cite-bracket">&#91;</span>235<span class="cite-bracket">&#93;</span></a></sup> Obama's plan includes a temporary "<a href="/wiki/Making_Work_Pay_tax_credit" title="Making Work Pay tax credit">Making Work Pay</a>" program, which gives a tax credit at 6.2% of earned income <i>up to</i> $400 for single workers (making less than $75,000/yr), and an $800 for married couples (making less than $150,000/yr), expiring at the end of 2010; this is claimed on Schedule M of <a href="/wiki/Form_1040" title="Form 1040">Form 1040</a>.<sup id="cite_ref-236" class="reference"><a href="#cite_note-236"><span class="cite-bracket">&#91;</span>236<span class="cite-bracket">&#93;</span></a></sup> Families making more than $250,000 would pay either the same or lower income tax rates than they paid in the 1990s, leaving no family to pay higher income tax rates than they would have paid in the 1990s. For the wealthiest 2% of families, Obama plans to reverse a portion of <a href="/wiki/Bush_tax_cuts" title="Bush tax cuts">the tax cuts they have received over the past eight years</a>. Dividend rates would be 39 percent lower than what President <a href="/wiki/George_W._Bush" title="George W. Bush">George W. Bush</a> proposed in <a href="/wiki/Economic_Growth_and_Tax_Relief_Reconciliation_Act_of_2001" title="Economic Growth and Tax Relief Reconciliation Act of 2001">his 2001 tax cut</a>.<sup id="cite_ref-origin.barackobama.com_235-1" class="reference"><a href="#cite_note-origin.barackobama.com-235"><span class="cite-bracket">&#91;</span>235<span class="cite-bracket">&#93;</span></a></sup> </p><p>Obama's plan is to cut income taxes overall, which he states would reduce revenues to below the levels that prevailed under Ronald Reagan (less than 18.2 percent of GDP). Obama argues that his plan is a net tax cut, and that his tax relief for middle-class families is larger than the revenue raised by his tax changes for families over $250,000. Obama plans to pay for the tax changes while bringing down the budget deficit by cutting unnecessary spending.<sup id="cite_ref-origin.barackobama.com_235-2" class="reference"><a href="#cite_note-origin.barackobama.com-235"><span class="cite-bracket">&#91;</span>235<span class="cite-bracket">&#93;</span></a></sup> </p><p>Speaking in November 2006 to members of <a href="/wiki/Wake_Up_Wal-Mart" title="Wake Up Wal-Mart">Wake Up Wal-Mart</a>, a union-backed <a href="/wiki/Political_campaign" title="Political campaign">campaign group</a>, Obama said: "You need to pay your workers enough that they can actually not only shop at <a href="/wiki/Wal-Mart" class="mw-redirect" title="Wal-Mart">Wal-Mart</a>, but ultimately send their kids to college and save for retirement." His tax plan is projected to bring in an additional $700 billion in taxes over the next 10 years.<sup id="cite_ref-237" class="reference"><a href="#cite_note-237"><span class="cite-bracket">&#91;</span>237<span class="cite-bracket">&#93;</span></a></sup> </p><p>In <i><a href="/wiki/The_Audacity_of_Hope" title="The Audacity of Hope">The Audacity of Hope</a></i> and the <i>Blueprint for Change</i><sup id="cite_ref-238" class="reference"><a href="#cite_note-238"><span class="cite-bracket">&#91;</span>238<span class="cite-bracket">&#93;</span></a></sup> Obama advocates responding to the "precarious budget situation" by eliminating "tax credits that have outlived their usefulness", closing corporate tax loopholes, and restoring the <a href="/wiki/PAYGO" title="PAYGO">PAYGO</a> policy that prohibits increases in federal spending without a way to compensate for the lost revenue.<sup id="cite_ref-239" class="reference"><a href="#cite_note-239"><span class="cite-bracket">&#91;</span>239<span class="cite-bracket">&#93;</span></a></sup> </p><p>During an October 13, 2008 speech at <a href="/wiki/Toledo,_Ohio" title="Toledo, Ohio">Toledo, Ohio</a>, Obama said that for the next two years, he favors a $3,000 tax credit to businesses for each new full-time employee whom they hire above the number in their current work force.<sup id="cite_ref-Obama_Expands_Economic_Plans_240-0" class="reference"><a href="#cite_note-Obama_Expands_Economic_Plans-240"><span class="cite-bracket">&#91;</span>240<span class="cite-bracket">&#93;</span></a></sup> </p><p>For people with incomes above $250,000, Obama wants to reduce their charitable tax deduction from 35 cents for each dollar donated to 28 cents for each dollar donated, to match the level of deductions for people making less than $250,000.<sup id="cite_ref-241" class="reference"><a href="#cite_note-241"><span class="cite-bracket">&#91;</span>241<span class="cite-bracket">&#93;</span></a></sup> In a press conference on March 24, 2009, Obama stated that he wanted to return to the rate that existed in the Reagan administration.<sup id="cite_ref-cbs_presser_242-0" class="reference"><a href="#cite_note-cbs_presser-242"><span class="cite-bracket">&#91;</span>242<span class="cite-bracket">&#93;</span></a></sup> "There's very little evidence that this has a significant impact on charitable giving," said Obama. "I'll tell you what has a significant impact on charitable giving, is a financial crisis and an economy that's contracting. And so the most important thing that I can do for charitable giving is to fix the economy, to get banks lending again, to get businesses opening their doors again, to get people back to work again."<sup id="cite_ref-cbs_presser_242-1" class="reference"><a href="#cite_note-cbs_presser-242"><span class="cite-bracket">&#91;</span>242<span class="cite-bracket">&#93;</span></a></sup> Thomas L. Hungerford of the <a href="/wiki/Congressional_Research_Service" title="Congressional Research Service">Congressional Research Service</a> has written that "allowing the tax cuts targeted to high income taxpayers to expire as scheduled could help reduce budget deficits in the short-term without stifling the economic recovery."<sup id="cite_ref-243" class="reference"><a href="#cite_note-243"><span class="cite-bracket">&#91;</span>243<span class="cite-bracket">&#93;</span></a></sup> </p><p>Obama said he wanted to "look at raising the capital gains tax for purposes of fairness."<sup id="cite_ref-244" class="reference"><a href="#cite_note-244"><span class="cite-bracket">&#91;</span>244<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Social_Security">Social Security</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=44" title="Edit section: Social Security"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In response to a possible shortfall in <a href="/wiki/Social_Security_(United_States)" title="Social Security (United States)">Social Security</a> funding, Obama has endorsed imposition of a new <a href="/wiki/Federal_Insurance_Contributions_Act_tax" class="mw-redirect" title="Federal Insurance Contributions Act tax">FICA</a> tax on incomes above $250,000. Social Security has an income "cap" beyond which the payroll tax is not collected; in 2015 and 2016, the cap was $118,500.<sup id="cite_ref-245" class="reference"><a href="#cite_note-245"><span class="cite-bracket">&#91;</span>245<span class="cite-bracket">&#93;</span></a></sup> Obama opposed Bush's proposal for <a href="/wiki/Social_Security_debate_(United_States)" class="mw-redirect" title="Social Security debate (United States)">privatization of Social Security</a>.<sup id="cite_ref-246" class="reference"><a href="#cite_note-246"><span class="cite-bracket">&#91;</span>246<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Lobbying_and_campaign_finance_reform">Lobbying and campaign finance reform</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=45" title="Edit section: Lobbying and campaign finance reform"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Obama has spoken out numerous times against the influence of <a href="/wiki/Lobbying_in_the_United_States" title="Lobbying in the United States">lobbying in the United States</a>.<sup id="cite_ref-247" class="reference"><a href="#cite_note-247"><span class="cite-bracket">&#91;</span>247<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-248" class="reference"><a href="#cite_note-248"><span class="cite-bracket">&#91;</span>248<span class="cite-bracket">&#93;</span></a></sup> He also co-sponsored legislation that limits lobbyists' influence by mandating that lawmakers pay full charter fare when flying on lobbyists' corporate jets.<sup id="cite_ref-249" class="reference"><a href="#cite_note-249"><span class="cite-bracket">&#91;</span>249<span class="cite-bracket">&#93;</span></a></sup> </p><p>On January 24, 2007, in reference to his stated plan to take public financing should he procure the nomination, he said, "I think that for a time, the presidential public financing system works." On November 27, he said, "I will aggressively pursue an agreement with the Republican nominee to preserve a publicly financed general election," and on February 28, 2008, he wrote that he planned to "aggressively pursue" a publicly financed campaign, later promising to sit down with John McCain to ensure "a public system" of campaign financing is preserved.<sup id="cite_ref-250" class="reference"><a href="#cite_note-250"><span class="cite-bracket">&#91;</span>250<span class="cite-bracket">&#93;</span></a></sup> On June 19, 2008, he opted out of public campaign financing and declared, "I support a robust system of public financing of elections (...) but the public financing of presidential elections as it exists today is broken."<sup id="cite_ref-251" class="reference"><a href="#cite_note-251"><span class="cite-bracket">&#91;</span>251<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-252" class="reference"><a href="#cite_note-252"><span class="cite-bracket">&#91;</span>252<span class="cite-bracket">&#93;</span></a></sup> Furthermore, he maintained that he would not take contributions from federal lobbyists and special interests during his 2008 presidential campaign. </p><p>According to his website, Obama would create an online database of lobbying reports, campaign finance filings and ethics records, and would create an independent watchdog agency to oversee congressional ethical violations. </p> <div class="mw-heading mw-heading3"><h3 id="Immigration">Immigration</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=46" title="Edit section: Immigration"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Obama supports a <a href="/wiki/Guest_worker_program" title="Guest worker program">guest worker program</a>,<sup id="cite_ref-253" class="reference"><a href="#cite_note-253"><span class="cite-bracket">&#91;</span>253<span class="cite-bracket">&#93;</span></a></sup> and voted in favor of the Bush administration backed <a href="/wiki/Comprehensive_Immigration_Reform_Act_of_2007" title="Comprehensive Immigration Reform Act of 2007">Comprehensive Immigration Reform Act of 2007</a>. Obama has said that he "will not support any bill that does not provide [an] earned path to citizenship for the undocumented population." </p><p>Obama has said that he does not believe that the 12 million <a href="/wiki/Illegal_immigrant" class="mw-redirect" title="Illegal immigrant">illegal immigrants</a> should be <a href="/wiki/Deportation" title="Deportation">deported</a>. He said "It's not going to happen. We're not going to go round them up ... We should give them a pathway to citizenship."<sup id="cite_ref-254" class="reference"><a href="#cite_note-254"><span class="cite-bracket">&#91;</span>254<span class="cite-bracket">&#93;</span></a></sup> </p><p>In September 2006, Obama voted for the <a href="/wiki/Secure_Fence_Act_of_2006" title="Secure Fence Act of 2006">Secure Fence Act</a>, authorizing the construction of 700 miles (1,100&#160;km) of fencing along the <a href="/wiki/United_States%E2%80%93Mexico_border" class="mw-redirect" title="United States–Mexico border">United States–Mexico border</a>.<sup id="cite_ref-255" class="reference"><a href="#cite_note-255"><span class="cite-bracket">&#91;</span>255<span class="cite-bracket">&#93;</span></a></sup> </p><p>Obama has supported granting <a href="/wiki/Driver%27s_license" title="Driver&#39;s license">driver's licenses</a> to illegal immigrants.<sup id="cite_ref-256" class="reference"><a href="#cite_note-256"><span class="cite-bracket">&#91;</span>256<span class="cite-bracket">&#93;</span></a></sup> </p><p>In June 2007, Obama voted against declaring English as the <a href="/wiki/Official_language" title="Official language">official language</a> of the federal government.<sup id="cite_ref-autogenerated2_257-0" class="reference"><a href="#cite_note-autogenerated2-257"><span class="cite-bracket">&#91;</span>257<span class="cite-bracket">&#93;</span></a></sup> </p><p>In November 2007, Obama stated that, "We can … go a long way toward meeting industry's need for skilled workers with Americans. Until we have achieved that, I will support a temporary increase in the <a href="/wiki/H-1B_visa" title="H-1B visa">H-1B visa</a> program as a stopgap measure until we can reform our immigration system comprehensively."<sup id="cite_ref-autogenerated2_257-1" class="reference"><a href="#cite_note-autogenerated2-257"><span class="cite-bracket">&#91;</span>257<span class="cite-bracket">&#93;</span></a></sup> </p><p>In July 2007, Obama said, "Find out how many senators appeared before an immigration rally last year. Who was talking the talk, and who walked the walk – because I walked…I didn't run away from the issue, and I didn't just talk about it in front of <a href="/wiki/Hispanic_and_Latino_Americans" title="Hispanic and Latino Americans">Latino</a> audiences."<sup id="cite_ref-258" class="reference"><a href="#cite_note-258"><span class="cite-bracket">&#91;</span>258<span class="cite-bracket">&#93;</span></a></sup> </p><p>"I believe we must secure our borders, fix our broken immigration bureaucracy, and require the 12 million <a href="/wiki/Illegal_immigration" title="Illegal immigration">undocumented</a> to get on a responsible path to <a href="/wiki/United_States_nationality_law" title="United States nationality law">citizenship</a>. I will also increase the number of people we allow in the country <a href="/wiki/Immigration_to_the_United_States" title="Immigration to the United States">legally</a> to a level that unites families and meets the demand for jobs employers cannot fill" "I support comprehensive <a href="/wiki/Immigration_reform" title="Immigration reform">immigration reform</a> that includes improving our visa programmes, including the <a href="/wiki/H-1B_visa" title="H-1B visa">H-1B</a> programme, to attract some of the world's most talented people to America", Obama said in an interview with <a href="/wiki/Indo-Asian_News_Service" title="Indo-Asian News Service">IANS</a> in October 2008.<sup id="cite_ref-259" class="reference"><a href="#cite_note-259"><span class="cite-bracket">&#91;</span>259<span class="cite-bracket">&#93;</span></a></sup> </p><p>On 25 November 2013, Ju Hong, a 24-year-old South Korean immigrant without legal documentation, shouted at Obama to use his executive power to stop deportation of illegal immigrants.<sup id="cite_ref-260" class="reference"><a href="#cite_note-260"><span class="cite-bracket">&#91;</span>260<span class="cite-bracket">&#93;</span></a></sup> Obama said "If, in fact, I could solve all these problems without passing laws in Congress, then I would do so." "But we're also a nation of laws, that's part of our tradition," he continued. "And so the easy way out is to try to yell and pretend like I can do something by violating our laws. And what I'm proposing is the harder path, which is to use our democratic processes to achieve the same goal."<sup id="cite_ref-261" class="reference"><a href="#cite_note-261"><span class="cite-bracket">&#91;</span>261<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-262" class="reference"><a href="#cite_note-262"><span class="cite-bracket">&#91;</span>262<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-263" class="reference"><a href="#cite_note-263"><span class="cite-bracket">&#91;</span>263<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-264" class="reference"><a href="#cite_note-264"><span class="cite-bracket">&#91;</span>264<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-265" class="reference"><a href="#cite_note-265"><span class="cite-bracket">&#91;</span>265<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Affirmative_action">Affirmative action</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=47" title="Edit section: Affirmative action"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In reference to state ballot initiatives on affirmative action, Obama's spokesperson <a href="/w/index.php?title=Candice_Toliver&amp;action=edit&amp;redlink=1" class="new" title="Candice Toliver (page does not exist)">Candice Toliver</a> said that "Senator Obama believes in a country in which opportunity is available to all Americans, regardless of race, gender or economic status. That's why he opposes these ballot initiatives, which would roll back opportunity for millions of Americans and cripple efforts to break down historic barriers to the progress of qualified women and minorities."<sup id="cite_ref-266" class="reference"><a href="#cite_note-266"><span class="cite-bracket">&#91;</span>266<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-267" class="reference"><a href="#cite_note-267"><span class="cite-bracket">&#91;</span>267<span class="cite-bracket">&#93;</span></a></sup> </p><p>Obama writes in his most recent book, <i><a href="/wiki/The_Audacity_of_Hope" title="The Audacity of Hope">The Audacity of Hope</a></i>: "<a href="/wiki/Affirmative_action_in_the_United_States" title="Affirmative action in the United States">Affirmative action</a> programs, when properly structured, can open up opportunities otherwise closed to qualified minorities without diminishing opportunities for white students."<sup id="cite_ref-268" class="reference"><a href="#cite_note-268"><span class="cite-bracket">&#91;</span>268<span class="cite-bracket">&#93;</span></a></sup> In July, Obama stated, "I am a strong supporter of affirmative action when properly structured so that it is not just a quota, but it is acknowledging and taking into account some of the hardships and difficulties that communities of color may have experienced, continue to experience, and it also speaks to the value of diversity in all walks of American life."<sup id="cite_ref-269" class="reference"><a href="#cite_note-269"><span class="cite-bracket">&#91;</span>269<span class="cite-bracket">&#93;</span></a></sup> He has indicated support for affirmative action based on class, not just race, (q.v. <a href="/wiki/Redistributive_change" title="Redistributive change">redistributive change</a>) in comments where he said that his daughters should be treated by prospective colleges and employers as people that grew up with a privileged background.<sup id="cite_ref-270" class="reference"><a href="#cite_note-270"><span class="cite-bracket">&#91;</span>270<span class="cite-bracket">&#93;</span></a></sup> The Trump administration has reversed the Obama era affirmative action policies.<sup id="cite_ref-271" class="reference"><a href="#cite_note-271"><span class="cite-bracket">&#91;</span>271<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Trade_2">Trade</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=48" title="Edit section: Trade"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Barack Obama made critical statements about the <a href="/wiki/North_American_Free_Trade_Agreement" title="North American Free Trade Agreement">North American Free Trade Agreement</a> (NAFTA) during the Democratic primaries, calling the trade agreement "devastating" and "a big mistake".<sup id="cite_ref-CNNMoney_272-0" class="reference"><a href="#cite_note-CNNMoney-272"><span class="cite-bracket">&#91;</span>272<span class="cite-bracket">&#93;</span></a></sup> In February 2008, a Canadian diplomatic memo<sup id="cite_ref-273" class="reference"><a href="#cite_note-273"><span class="cite-bracket">&#91;</span>273<span class="cite-bracket">&#93;</span></a></sup> surfaced, which alleged that Obama's economic advisor <a href="/wiki/Austan_Goolsbee" title="Austan Goolsbee">Austan Goolsbee</a> had met with Canadian consular officials in Chicago and told them to disregard Obama's <a href="/wiki/Campaign_rhetoric_of_Barack_Obama" title="Campaign rhetoric of Barack Obama">campaign rhetoric</a> regarding NAFTA, a charge the Obama campaign later denied (see <a href="/wiki/Barack_Obama_presidential_primary_campaign,_2008#NAFTA_controversy" class="mw-redirect" title="Barack Obama presidential primary campaign, 2008">Barack Obama presidential primary campaign, 2008#NAFTA controversy</a>).<sup id="cite_ref-CNNMoney_272-1" class="reference"><a href="#cite_note-CNNMoney-272"><span class="cite-bracket">&#91;</span>272<span class="cite-bracket">&#93;</span></a></sup> Obama also noted that free trade comes with its own costs: he believes the displacement of Mexican farmers by more efficient American counterparts has led to increased immigration to the United States from that country.<sup id="cite_ref-CNNMoney_272-2" class="reference"><a href="#cite_note-CNNMoney-272"><span class="cite-bracket">&#91;</span>272<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Faith_based_programs">Faith based programs</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=49" title="Edit section: Faith based programs"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">See also: <a href="/wiki/White_House_Office_of_Faith-Based_and_Neighborhood_Partnerships" title="White House Office of Faith-Based and Neighborhood Partnerships">White House Office of Faith-Based and Neighborhood Partnerships</a></div> <p>In July 2008, after winning the primary, Obama said that he wants to expand federal funding of <a href="/wiki/Faith-based_organizations" class="mw-redirect" title="Faith-based organizations">faith-based programs</a> and establish a "Council for Faith-Based and Neighborhood Partnerships". He specified that, under his plan, federal money given to places of worship could only be used on secular programs. In particular, he mentioned, on July 1 in <a href="/wiki/Zanesville,_Ohio" title="Zanesville, Ohio">Zanesville, Ohio</a>, that "support for social services to the poor and the needy have consistently been underfunded". He went on to praise President Bush's efforts, but contended that the current administration's plan never managed to "rally the armies of compassion."<sup id="cite_ref-274" class="reference"><a href="#cite_note-274"><span class="cite-bracket">&#91;</span>274<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-275" class="reference"><a href="#cite_note-275"><span class="cite-bracket">&#91;</span>275<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Government_waste">Government waste</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=50" title="Edit section: Government waste"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">See also: <a href="/wiki/Government_waste" class="mw-redirect" title="Government waste">Government waste</a></div> <p>On September 22, 2008, Obama said, "I am not a Democrat who believes that we can or should defend every government program just because it's there... We will fire government managers who aren't getting results, we will cut funding for programs that are wasting your money and we will use technology and lessons from the private sector to improve efficiency across every level of government... The only way we can do all this without leaving our children with an even larger debt is if Washington starts taking responsibility for every dime that it spends."<sup id="cite_ref-276" class="reference"><a href="#cite_note-276"><span class="cite-bracket">&#91;</span>276<span class="cite-bracket">&#93;</span></a></sup> </p><p>Early in the Obama administration, some became aware of a program that provided free cellphones and service to the poor, concluding it was a new Obama program and branded the phenomenon as "Obamaphones." This became an ongoing meme during the Obama presidency, supposedly representing how Obama was creating a welfare state. However, the cellphone program had begun in 2008, as an extension of the <a href="/wiki/Universal_Service_Fund" title="Universal Service Fund">Universal Service Fund</a> dating back to at least 1996, and is not funded with taxpayer money.<sup id="cite_ref-277" class="reference"><a href="#cite_note-277"><span class="cite-bracket">&#91;</span>277<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=51" title="Edit section: See also"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/Comparison_of_the_2008_United_States_presidential_candidates" title="Comparison of the 2008 United States presidential candidates">Comparison of the 2008 United States presidential candidates</a></li> <li><a href="/wiki/List_of_Barack_Obama_2008_presidential_campaign_endorsements" title="List of Barack Obama 2008 presidential campaign endorsements">List of Barack Obama 2008 presidential campaign endorsements</a></li> <li><a href="/wiki/Political_positions_of_Joe_Biden" title="Political positions of Joe Biden">Political positions of Joe Biden</a></li> <li><a href="/wiki/U.S._economic_performance_under_Democratic_and_Republican_presidents" class="mw-redirect" title="U.S. economic performance under Democratic and Republican presidents">U.S. economic performance under Democratic and Republican presidents</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=52" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist reflist-columns references-column-width" style="column-width: 30em;"> <ol class="references"> <li id="cite_note-RSKrugman1-1"><span class="mw-cite-backlink">^ <a href="#cite_ref-RSKrugman1_1-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-RSKrugman1_1-1"><sup><i><b>b</b></i></sup></a> <a href="#cite_ref-RSKrugman1_1-2"><sup><i><b>c</b></i></sup></a> <a href="#cite_ref-RSKrugman1_1-3"><sup><i><b>d</b></i></sup></a> <a href="#cite_ref-RSKrugman1_1-4"><sup><i><b>e</b></i></sup></a> <a href="#cite_ref-RSKrugman1_1-5"><sup><i><b>f</b></i></sup></a> <a href="#cite_ref-RSKrugman1_1-6"><sup><i><b>g</b></i></sup></a> <a href="#cite_ref-RSKrugman1_1-7"><sup><i><b>h</b></i></sup></a> <a href="#cite_ref-RSKrugman1_1-8"><sup><i><b>i</b></i></sup></a></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation magazine cs1"><a rel="nofollow" class="external text" href="https://www.rollingstone.com/politics/news/in-defense-of-obama-20141008">"In Defense of Obama"</a>. <i>Rolling Stone</i>. 2014-10-08. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20161119140244/http://www.rollingstone.com/politics/news/in-defense-of-obama-20141008">Archived</a> from the original on 2016-11-19<span class="reference-accessdate">. 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Retrieved <span class="nowrap">10 July</span> 2018</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=The+Atlantic&amp;rft.atitle=The+Spectacular+Myth+of+Obama%27s+Part-Time+America%E2%80%94in+5+Graphs&amp;rft.date=2014-02-07&amp;rft.aulast=Thompson&amp;rft.aufirst=Derek&amp;rft_id=https%3A%2F%2Fwww.theatlantic.com%2Fbusiness%2Farchive%2F2014%2F02%2Fthe-spectacular-myth-of-obamas-part-time-america-in-5-graphs%2F283674%2F&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-59"><span class="mw-cite-backlink"><b><a href="#cite_ref-59">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFThompson2014" class="citation web cs1">Thompson, Derek (14 July 2014). <a rel="nofollow" class="external text" href="https://www.theatlantic.com/business/archive/2014/07/heres-what-obamas-part-time-america-really-looks-like/374356/">"How to Spread the Lie of 'Obama's Part-Time America'<span class="cs1-kern-right"></span>"</a>. <i><a href="/wiki/The_Atlantic" title="The Atlantic">The Atlantic</a></i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20201202070032/https://www.theatlantic.com/business/archive/2014/07/heres-what-obamas-part-time-america-really-looks-like/374356/">Archived</a> from the original on 2 December 2020<span class="reference-accessdate">. Retrieved <span class="nowrap">10 July</span> 2018</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=The+Atlantic&amp;rft.atitle=How+to+Spread+the+Lie+of+%27Obama%27s+Part-Time+America%27&amp;rft.date=2014-07-14&amp;rft.aulast=Thompson&amp;rft.aufirst=Derek&amp;rft_id=https%3A%2F%2Fwww.theatlantic.com%2Fbusiness%2Farchive%2F2014%2F07%2Fheres-what-obamas-part-time-america-really-looks-like%2F374356%2F&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-60"><span class="mw-cite-backlink"><b><a href="#cite_ref-60">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://fred.stlouisfed.org/graph/?g=kplt">"FRED Graph - Trends in Full/Part Time Employment"</a>. <i>fred.stlouisfed.org</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20210217201649/https://fred.stlouisfed.org/graph/?g=kplt">Archived</a> from the original on 17 February 2021<span class="reference-accessdate">. Retrieved <span class="nowrap">10 July</span> 2018</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=fred.stlouisfed.org&amp;rft.atitle=FRED+Graph+-+Trends+in+Full%2FPart+Time+Employment&amp;rft_id=https%3A%2F%2Ffred.stlouisfed.org%2Fgraph%2F%3Fg%3Dkplt&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-61"><span class="mw-cite-backlink"><b><a href="#cite_ref-61">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="https://thehill.com/policy/finance/226907-jpmorgan-ceo-helped-whip-dem-votes/">"JPMorgan CEO helped whip votes"</a> <a rel="nofollow" class="external text" href="https://web.archive.org/web/20240413074349/https://thehill.com/policy/finance/226907-jpmorgan-ceo-helped-whip-dem-votes/">Archived</a> 2024-04-13 at the <a href="/wiki/Wayback_Machine" title="Wayback Machine">Wayback Machine</a> The Hill, 12/11/14</span> </li> <li id="cite_note-62"><span class="mw-cite-backlink"><b><a href="#cite_ref-62">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="https://www.bloomberg.com/view/articles/2012-10-15/sorry-u-s-recoveries-really-aren-t-different">"Sorry, U.S. Recoveries Really Aren't Different"</a>. <i>Bloomberg.com</i>. 15 October 2012. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20180608230844/https://www.bloomberg.com/view/articles/2012-10-15/sorry-u-s-recoveries-really-aren-t-different">Archived</a> from the original on 8 June 2018<span class="reference-accessdate">. Retrieved <span class="nowrap">5 October</span> 2017</span> &#8211; via www.bloomberg.com.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.jtitle=Bloomberg.com&amp;rft.atitle=Sorry%2C+U.S.+Recoveries+Really+Aren%27t+Different&amp;rft.date=2012-10-15&amp;rft_id=https%3A%2F%2Fwww.bloomberg.com%2Fview%2Farticles%2F2012-10-15%2Fsorry-u-s-recoveries-really-aren-t-different&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-washingtonpost.com-63"><span class="mw-cite-backlink">^ <a href="#cite_ref-washingtonpost.com_63-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-washingtonpost.com_63-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="https://www.washingtonpost.com/business/economy/double-dip-or-just-one-big-economic-dive/2011/08/05/gIQANKAIxI_story.html">"Double dip, or just one big economic dive?"</a>. <i>The Washington Post</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20210103231738/https://www.washingtonpost.com/business/economy/double-dip-or-just-one-big-economic-dive/2011/08/05/gIQANKAIxI_story.html">Archived</a> from the original on 3 January 2021<span class="reference-accessdate">. Retrieved <span class="nowrap">8 July</span> 2018</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.jtitle=The+Washington+Post&amp;rft.atitle=Double+dip%2C+or+just+one+big+economic+dive%3F&amp;rft_id=https%3A%2F%2Fwww.washingtonpost.com%2Fbusiness%2Feconomy%2Fdouble-dip-or-just-one-big-economic-dive%2F2011%2F08%2F05%2FgIQANKAIxI_story.html&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-64"><span class="mw-cite-backlink"><b><a href="#cite_ref-64">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation journal cs1"><a rel="nofollow" class="external text" href="https://fred.stlouisfed.org/series/PAYEMS">"All Employees: Total Nonfarm Payrolls"</a>. 6 July 2018. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20200325032515/https://fred.stlouisfed.org/series/PAYEMS">Archived</a> from the original on 25 March 2020<span class="reference-accessdate">. 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Archived from <a rel="nofollow" class="external text" href="https://fred.stlouisfed.org/series/FYFSGDA188S">the original</a> on April 4, 2018<span class="reference-accessdate">. Retrieved <span class="nowrap">8 July</span> 2018</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.atitle=Federal+Surplus+or+Deficit+%5B-%5D+as+Percent+of+Gross+Domestic+Product&amp;rft.date=2018-03-28&amp;rft_id=https%3A%2F%2Ffred.stlouisfed.org%2Fseries%2FFYFSGDA188S&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span> <span class="cs1-visible-error citation-comment"><code class="cs1-code">{{<a href="/wiki/Template:Cite_journal" title="Template:Cite journal">cite journal</a>}}</code>: </span><span class="cs1-visible-error citation-comment">Cite journal requires <code class="cs1-code">&#124;journal=</code> (<a href="/wiki/Help:CS1_errors#missing_periodical" title="Help:CS1 errors">help</a>)</span></span> </li> <li id="cite_note-68"><span class="mw-cite-backlink"><b><a href="#cite_ref-68">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation journal cs1"><a rel="nofollow" class="external text" href="https://fred.stlouisfed.org/series/MEHOINUSA672N">"Real Median Household Income in the United States"</a>. 13 September 2017. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20190513065549/https://fred.stlouisfed.org/series/MEHOINUSA672N">Archived</a> from the original on 13 May 2019<span class="reference-accessdate">. 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Retrieved <span class="nowrap">10 July</span> 2018</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=fred.stlouisfed.org&amp;rft.atitle=FRED+Graph+-+FRED+-+St.+Louis+Fed&amp;rft_id=https%3A%2F%2Ffred.stlouisfed.org%2Fgraph%2F%3Fg%3Dkocf&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-Politifact_Deficits1-90"><span class="mw-cite-backlink">^ <a href="#cite_ref-Politifact_Deficits1_90-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-Politifact_Deficits1_90-1"><sup><i><b>b</b></i></sup></a> <a href="#cite_ref-Politifact_Deficits1_90-2"><sup><i><b>c</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.politifact.com/truth-o-meter/statements/2010/jan/29/barack-obama/obama-inherited-deficits-bush-administration/">"Obama inherited deficits from Bush Administration"</a>. <i>Politifact</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20161121043016/http://www.politifact.com/truth-o-meter/statements/2010/jan/29/barack-obama/obama-inherited-deficits-bush-administration/">Archived</a> from the original on November 21, 2016<span class="reference-accessdate">. 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January 1947. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20161124025131/https://fred.stlouisfed.org/graph/?graph_id=182834&amp;updated=6367">Archived</a> from the original on November 24, 2016<span class="reference-accessdate">. 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Retrieved <span class="nowrap">November 24,</span> 2016</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=Factcheck.org&amp;rft.atitle=Obama+by+the+Numbers&amp;rft.date=2016-10-09&amp;rft_id=http%3A%2F%2Fwww.factcheck.org%2F2016%2F10%2Fobamas-numbers-october-2016-update%2F&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-120"><span class="mw-cite-backlink"><b><a href="#cite_ref-120">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFWinkler2019" class="citation news cs1"><a href="/wiki/Matthew_Winkler_(journalist)" title="Matthew Winkler (journalist)">Winkler, Matthew A.</a> (January 28, 2019). <a rel="nofollow" class="external text" href="https://www.bloomberg.com/opinion/articles/2019-01-28/trump-economy-lags-clinton-s-obama-s-reagan-s-and-even-carter-s">"Ranking the Trump Economy"</a>. <i><a href="/wiki/Bloomberg_News" title="Bloomberg News">Bloomberg News</a></i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20190128165917/https://www.bloomberg.com/opinion/articles/2019-01-28/trump-economy-lags-clinton-s-obama-s-reagan-s-and-even-carter-s">Archived</a> from the original on January 28, 2019<span class="reference-accessdate">. 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Retrieved <span class="nowrap">January 19,</span> 2017</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=CBPP&amp;rft.atitle=Center+on+Budget+and+Policy+Priorities&amp;rft_id=http%3A%2F%2Fwww.cbpp.org%2Fresearch%2Feconomic-downturn-and-legacy-of-bush-policies-continue-to-drive-large-deficits&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-129"><span class="mw-cite-backlink"><b><a href="#cite_ref-129">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.cbsnews.com/news/barack-obamas-longest-bull-market-eight-year-economic-legacy-a-mixed-bag/">"Obama's 8-year economic legacy: A mixed bag"</a>. <i>cbsnews.com</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20210126195826/https://www.cbsnews.com/news/barack-obamas-longest-bull-market-eight-year-economic-legacy-a-mixed-bag/">Archived</a> from the original on 2021-01-26<span class="reference-accessdate">. Retrieved <span class="nowrap">2019-06-07</span></span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=cbsnews.com&amp;rft.atitle=Obama%27s+8-year+economic+legacy%3A+A+mixed+bag&amp;rft_id=https%3A%2F%2Fwww.cbsnews.com%2Fnews%2Fbarack-obamas-longest-bull-market-eight-year-economic-legacy-a-mixed-bag%2F&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-130"><span class="mw-cite-backlink"><b><a href="#cite_ref-130">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFKurtzleben2016" class="citation news cs1">Kurtzleben, Danielle (3 April 2016). <a rel="nofollow" class="external text" href="https://www.npr.org/2016/04/03/472745523/fact-check-the-white-houses-private-sector-job-streak">"FACT CHECK: The White House's Private-Sector Job Streak"</a>. <i>NPR.org</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20210216214054/https://www.npr.org/2016/04/03/472745523/fact-check-the-white-houses-private-sector-job-streak">Archived</a> from the original on 16 February 2021<span class="reference-accessdate">. Retrieved <span class="nowrap">7 June</span> 2019</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.jtitle=NPR.org&amp;rft.atitle=FACT+CHECK%3A+The+White+House%27s+Private-Sector+Job+Streak&amp;rft.date=2016-04-03&amp;rft.aulast=Kurtzleben&amp;rft.aufirst=Danielle&amp;rft_id=https%3A%2F%2Fwww.npr.org%2F2016%2F04%2F03%2F472745523%2Ffact-check-the-white-houses-private-sector-job-streak&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-131"><span class="mw-cite-backlink"><b><a href="#cite_ref-131">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.nber.org/cycles.html">"Business Cycle Dating"</a>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20191121201801/https://www.nber.org/cycles.html">Archived</a> from the original on 2019-11-21<span class="reference-accessdate">. Retrieved <span class="nowrap">2019-06-07</span></span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=Business+Cycle+Dating&amp;rft_id=https%3A%2F%2Fwww.nber.org%2Fcycles.html&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-132"><span class="mw-cite-backlink"><b><a href="#cite_ref-132">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://fred.stlouisfed.org/graph/?graph_id=351545&amp;updated=9996">"FRED Graph - FRED - St. Louis Fed"</a>. <i>fred.stlouisfed.org</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20180709035234/https://fred.stlouisfed.org/graph/?graph_id=351545&amp;updated=9996">Archived</a> from the original on 9 July 2018<span class="reference-accessdate">. Retrieved <span class="nowrap">8 July</span> 2018</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=fred.stlouisfed.org&amp;rft.atitle=FRED+Graph+-+FRED+-+St.+Louis+Fed&amp;rft_id=https%3A%2F%2Ffred.stlouisfed.org%2Fgraph%2F%3Fgraph_id%3D351545%26updated%3D9996&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-BLS_Charts-133"><span class="mw-cite-backlink"><b><a href="#cite_ref-BLS_Charts_133-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.bls.gov/web/empsit/cps_charts.pdf">"BLS Charting the Labor Market"</a> <span class="cs1-format">(PDF)</span>. <i>BLS</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20210217202051/https://www.bls.gov/web/empsit/cps_charts.pdf">Archived</a> <span class="cs1-format">(PDF)</span> from the original on February 17, 2021<span class="reference-accessdate">. Retrieved <span class="nowrap">January 10,</span> 2017</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=BLS&amp;rft.atitle=BLS+Charting+the+Labor+Market&amp;rft_id=https%3A%2F%2Fwww.bls.gov%2Fweb%2Fempsit%2Fcps_charts.pdf&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-FRED_LFPR&amp;EM-134"><span class="mw-cite-backlink"><b><a href="#cite_ref-FRED_LFPR&amp;EM_134-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://fred.stlouisfed.org/graph/?graph_id=350464">"LFPR and EM Ratio"</a>. <i>FRED</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20171107010759/https://fred.stlouisfed.org/graph/?graph_id=350464">Archived</a> from the original on November 7, 2017<span class="reference-accessdate">. Retrieved <span class="nowrap">December 19,</span> 2016</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=FRED&amp;rft.atitle=LFPR+and+EM+Ratio&amp;rft_id=https%3A%2F%2Ffred.stlouisfed.org%2Fgraph%2F%3Fgraph_id%3D350464&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-135"><span class="mw-cite-backlink"><b><a href="#cite_ref-135">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFBureau" class="citation web cs1">Bureau, U.S. Census. <a rel="nofollow" class="external text" href="https://archive.today/20200214060716/https://factfinder.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=ACS_16_1YR_S1501&amp;prodType=table">"American FactFinder - Results"</a>. <i>factfinder.census.gov</i>. Archived from <a rel="nofollow" class="external text" href="https://factfinder.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=ACS_16_1YR_S1501&amp;prodType=table">the original</a> on 14 February 2020<span class="reference-accessdate">. Retrieved <span class="nowrap">8 July</span> 2018</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=factfinder.census.gov&amp;rft.atitle=American+FactFinder+-+Results&amp;rft.aulast=Bureau&amp;rft.aufirst=U.S.+Census&amp;rft_id=https%3A%2F%2Ffactfinder.census.gov%2Ffaces%2Ftableservices%2Fjsf%2Fpages%2Fproductview.xhtml%3Fpid%3DACS_16_1YR_S1501%26prodType%3Dtable&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span> <span class="cs1-visible-error citation-comment"><code class="cs1-code">{{<a href="/wiki/Template:Cite_web" title="Template:Cite web">cite web</a>}}</code>: </span><span class="cs1-visible-error citation-comment"><code class="cs1-code">&#124;last=</code> has generic name (<a href="/wiki/Help:CS1_errors#generic_name" title="Help:CS1 errors">help</a>)</span></span> </li> <li id="cite_note-FRED_Real_Median_Household_Income-136"><span class="mw-cite-backlink"><b><a href="#cite_ref-FRED_Real_Median_Household_Income_136-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://fred.stlouisfed.org/series/MEHOINUSA672N">"Real median household income in the U.S."</a> <i>FRED</i>. January 1984. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20190513065549/https://fred.stlouisfed.org/series/MEHOINUSA672N">Archived</a> from the original on May 13, 2019<span class="reference-accessdate">. Retrieved <span class="nowrap">September 16,</span> 2017</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=FRED&amp;rft.atitle=Real+median+household+income+in+the+U.S.&amp;rft.date=1984-01&amp;rft_id=https%3A%2F%2Ffred.stlouisfed.org%2Fseries%2FMEHOINUSA672N&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-FRED_HHNW-137"><span class="mw-cite-backlink"><b><a href="#cite_ref-FRED_HHNW_137-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://fred.stlouisfed.org/graph/?graph_id=327847&amp;category_id=">"Household Net Worth"</a>. <i>FRED</i>. October 1945. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20200329224757/https://fred.stlouisfed.org/graph/?graph_id=327847&amp;category_id=">Archived</a> from the original on March 29, 2020<span class="reference-accessdate">. Retrieved <span class="nowrap">November 22,</span> 2016</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=FRED&amp;rft.atitle=Household+Net+Worth&amp;rft.date=1945-10&amp;rft_id=https%3A%2F%2Ffred.stlouisfed.org%2Fgraph%2F%3Fgraph_id%3D327847%26category_id%3D&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-FRED_HHDebt-138"><span class="mw-cite-backlink"><b><a href="#cite_ref-FRED_HHDebt_138-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://fred.stlouisfed.org/graph/?graph_id=219975&amp;category_id=">"Household Debt"</a>. <i>FRED</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20190322135159/https://fred.stlouisfed.org/graph/?graph_id=219975&amp;category_id=">Archived</a> from the original on March 22, 2019<span class="reference-accessdate">. Retrieved <span class="nowrap">November 22,</span> 2016</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=FRED&amp;rft.atitle=Household+Debt&amp;rft_id=https%3A%2F%2Ffred.stlouisfed.org%2Fgraph%2F%3Fgraph_id%3D219975%26category_id%3D&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-139"><span class="mw-cite-backlink"><b><a href="#cite_ref-139">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFLowrey2012" class="citation news cs1">Lowrey, Annie (27 October 2012). <a rel="nofollow" class="external text" href="https://www.nytimes.com/2012/10/27/business/rise-in-household-debt-might-be-sign-of-a-strengthening-recovery.html">"Rise in Household Debt Might Be Sign of a Strengthening Recovery"</a>. <i>The New York Times</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20190826220001/https://www.nytimes.com/2012/10/27/business/rise-in-household-debt-might-be-sign-of-a-strengthening-recovery.html">Archived</a> from the original on 26 August 2019<span class="reference-accessdate">. Retrieved <span class="nowrap">8 July</span> 2018</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.jtitle=The+New+York+Times&amp;rft.atitle=Rise+in+Household+Debt+Might+Be+Sign+of+a+Strengthening+Recovery&amp;rft.date=2012-10-27&amp;rft.aulast=Lowrey&amp;rft.aufirst=Annie&amp;rft_id=https%3A%2F%2Fwww.nytimes.com%2F2012%2F10%2F27%2Fbusiness%2Frise-in-household-debt-might-be-sign-of-a-strengthening-recovery.html&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-Census_Income&amp;Poverty2015-140"><span class="mw-cite-backlink"><b><a href="#cite_ref-Census_Income&amp;Poverty2015_140-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.census.gov/library/publications/2016/demo/p60-256.html">"Income and Poverty in the United States:2015"</a>. <i>Census.gov</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20161217053819/http://www.census.gov/library/publications/2016/demo/p60-256.html">Archived</a> from the original on December 17, 2016<span class="reference-accessdate">. Retrieved <span class="nowrap">November 24,</span> 2016</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=Census.gov&amp;rft.atitle=Income+and+Poverty+in+the+United+States%3A2015&amp;rft_id=https%3A%2F%2Fwww.census.gov%2Flibrary%2Fpublications%2F2016%2Fdemo%2Fp60-256.html&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-FRED_Studentloans-141"><span class="mw-cite-backlink"><b><a href="#cite_ref-FRED_Studentloans_141-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://fred.stlouisfed.org/graph/?graph_id=355908&amp;rn=9468">"Student loans owned and securitized"</a>. <i>FRED</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20170202004551/https://fred.stlouisfed.org/graph/?graph_id=355908&amp;rn=9468">Archived</a> from the original on February 2, 2017<span class="reference-accessdate">. Retrieved <span class="nowrap">December 19,</span> 2016</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=FRED&amp;rft.atitle=Student+loans+owned+and+securitized&amp;rft_id=https%3A%2F%2Ffred.stlouisfed.org%2Fgraph%2F%3Fgraph_id%3D355908%26rn%3D9468&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-FRED_CPT-142"><span class="mw-cite-backlink"><b><a href="#cite_ref-FRED_CPT_142-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20190322122052/https://fred.stlouisfed.org/graph/?graph_id=151912&amp;category_id=">"Corporate profits"</a>. <i>FRED</i>. Archived from <a rel="nofollow" class="external text" href="https://fred.stlouisfed.org/graph/?graph_id=151912&amp;category_id=">the original</a> on March 22, 2019<span class="reference-accessdate">. Retrieved <span class="nowrap">November 22,</span> 2016</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=FRED&amp;rft.atitle=Corporate+profits&amp;rft_id=https%3A%2F%2Ffred.stlouisfed.org%2Fgraph%2F%3Fgraph_id%3D151912%26category_id%3D&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-FRED_SP500-143"><span class="mw-cite-backlink"><b><a href="#cite_ref-FRED_SP500_143-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20161125043951/https://fred.stlouisfed.org/graph/?graph_id=343818&amp;updated=6760">"S&amp;P500"</a>. <i>FRED</i>. Archived from <a rel="nofollow" class="external text" href="https://fred.stlouisfed.org/graph/?graph_id=343818&amp;updated=6760">the original</a> on November 25, 2016<span class="reference-accessdate">. Retrieved <span class="nowrap">November 24,</span> 2016</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=FRED&amp;rft.atitle=S%26P500&amp;rft_id=https%3A%2F%2Ffred.stlouisfed.org%2Fgraph%2F%3Fgraph_id%3D343818%26updated%3D6760&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-144"><span class="mw-cite-backlink"><b><a href="#cite_ref-144">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="https://finance.yahoo.com/news/trumps-total-stock-market-wins-lag-other-presidents-175830205.html">"The stock market liked these presidents better than Trump"</a>. <i>finance.yahoo.com</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20190511092855/https://finance.yahoo.com/news/trumps-total-stock-market-wins-lag-other-presidents-175830205.html">Archived</a> from the original on 2019-05-11<span class="reference-accessdate">. Retrieved <span class="nowrap">2019-05-30</span></span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.jtitle=finance.yahoo.com&amp;rft.atitle=The+stock+market+liked+these+presidents+better+than+Trump&amp;rft_id=https%3A%2F%2Ffinance.yahoo.com%2Fnews%2Ftrumps-total-stock-market-wins-lag-other-presidents-175830205.html&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-145"><span class="mw-cite-backlink"><b><a href="#cite_ref-145">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.thebalance.com/dow-jones-closing-history-top-highs-and-lows-since-1929-3306174">"Dow Was Closing in on 27,000 When It Corrected"</a>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20180709035246/https://www.thebalance.com/dow-jones-closing-history-top-highs-and-lows-since-1929-3306174">Archived</a> from the original on 9 July 2018<span class="reference-accessdate">. Retrieved <span class="nowrap">8 July</span> 2018</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=Dow+Was+Closing+in+on+27%2C000+When+It+Corrected&amp;rft_id=https%3A%2F%2Fwww.thebalance.com%2Fdow-jones-closing-history-top-highs-and-lows-since-1929-3306174&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-FRED_Petrolimports-146"><span class="mw-cite-backlink"><b><a href="#cite_ref-FRED_Petrolimports_146-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://fred.stlouisfed.org/graph/?graph_id=344551">"FRED Petroleum and products imports"</a>. <i>FRED</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20161127023905/https://fred.stlouisfed.org/graph/?graph_id=344551">Archived</a> from the original on November 27, 2016<span class="reference-accessdate">. Retrieved <span class="nowrap">November 26,</span> 2016</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=FRED&amp;rft.atitle=FRED+Petroleum+and+products+imports&amp;rft_id=https%3A%2F%2Ffred.stlouisfed.org%2Fgraph%2F%3Fgraph_id%3D344551&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-FREDGasprices-147"><span class="mw-cite-backlink"><b><a href="#cite_ref-FREDGasprices_147-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://fred.stlouisfed.org/graph/?graph_id=212903&amp;category_id=">"FRED Gas prices"</a>. <i>FRED</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20190322122130/https://fred.stlouisfed.org/graph/?graph_id=212903&amp;category_id=">Archived</a> from the original on March 22, 2019<span class="reference-accessdate">. Retrieved <span class="nowrap">November 26,</span> 2016</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=FRED&amp;rft.atitle=FRED+Gas+prices&amp;rft_id=https%3A%2F%2Ffred.stlouisfed.org%2Fgraph%2F%3Fgraph_id%3D212903%26category_id%3D&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-148"><span class="mw-cite-backlink"><b><a href="#cite_ref-148">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFBerthelsenCook2014" class="citation news cs1">Berthelsen, Christian; Cook, Lynn (25 June 2014). <a rel="nofollow" class="external text" href="https://www.wsj.com/articles/u-s-ruling-would-allow-first-shipments-of-unrefined-oil-overseas-1403644494">"U.S. Ruling Loosens Four-Decade Ban On Oil Exports"</a>. <i>The Wall Street Journal</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20180710010517/https://www.wsj.com/articles/u-s-ruling-would-allow-first-shipments-of-unrefined-oil-overseas-1403644494">Archived</a> from the original on 10 July 2018<span class="reference-accessdate">. Retrieved <span class="nowrap">9 July</span> 2018</span> &#8211; via www.wsj.com.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.jtitle=The+Wall+Street+Journal&amp;rft.atitle=U.S.+Ruling+Loosens+Four-Decade+Ban+On+Oil+Exports&amp;rft.date=2014-06-25&amp;rft.aulast=Berthelsen&amp;rft.aufirst=Christian&amp;rft.au=Cook%2C+Lynn&amp;rft_id=https%3A%2F%2Fwww.wsj.com%2Farticles%2Fu-s-ruling-would-allow-first-shipments-of-unrefined-oil-overseas-1403644494&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-149"><span class="mw-cite-backlink"><b><a href="#cite_ref-149">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://fred.stlouisfed.org/graph/?g=ko34">"FRED Graph - FRED - St. Louis Fed"</a>. <i>fred.stlouisfed.org</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20180710010347/https://fred.stlouisfed.org/graph/?g=ko34">Archived</a> from the original on 10 July 2018<span class="reference-accessdate">. Retrieved <span class="nowrap">9 July</span> 2018</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=fred.stlouisfed.org&amp;rft.atitle=FRED+Graph+-+FRED+-+St.+Louis+Fed&amp;rft_id=https%3A%2F%2Ffred.stlouisfed.org%2Fgraph%2F%3Fg%3Dko34&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-150"><span class="mw-cite-backlink"><b><a href="#cite_ref-150">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFHarderCook2015" class="citation news cs1">Harder, Amy; Cook, Lynn (16 December 2015). <a rel="nofollow" class="external text" href="https://www.wsj.com/articles/congressional-leaders-agree-to-lift-40-year-ban-on-oil-exports-1450242995">"Congressional Leaders Agree to Lift 40-Year Ban on Oil Exports"</a>. <i>The Wall Street Journal</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20170915101533/https://www.wsj.com/articles/congressional-leaders-agree-to-lift-40-year-ban-on-oil-exports-1450242995">Archived</a> from the original on 15 September 2017<span class="reference-accessdate">. Retrieved <span class="nowrap">9 July</span> 2018</span> &#8211; via www.wsj.com.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.jtitle=The+Wall+Street+Journal&amp;rft.atitle=Congressional+Leaders+Agree+to+Lift+40-Year+Ban+on+Oil+Exports&amp;rft.date=2015-12-16&amp;rft.aulast=Harder&amp;rft.aufirst=Amy&amp;rft.au=Cook%2C+Lynn&amp;rft_id=https%3A%2F%2Fwww.wsj.com%2Farticles%2Fcongressional-leaders-agree-to-lift-40-year-ban-on-oil-exports-1450242995&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-151"><span class="mw-cite-backlink"><b><a href="#cite_ref-151">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://fred.stlouisfed.org/series/PAYEMS">"FRED-All Employees, Total Non-Farm"</a>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20200325032515/https://fred.stlouisfed.org/series/PAYEMS">Archived</a> from the original on 2020-03-25<span class="reference-accessdate">. Retrieved <span class="nowrap">2018-01-24</span></span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=FRED-All+Employees%2C+Total+Non-Farm&amp;rft_id=https%3A%2F%2Ffred.stlouisfed.org%2Fseries%2FPAYEMS&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-NYT1-152"><span class="mw-cite-backlink">^ <a href="#cite_ref-NYT1_152-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-NYT1_152-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.nytimes.com/2019/08/27/opinion/trump-obama-economy.html">"NYT-Steven Rattner-Trump Can't Beat Obama on the Economy-August 27, 2019"</a>. <i><a href="/wiki/The_New_York_Times" title="The New York Times">The New York Times</a></i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20201125032230/https://www.nytimes.com/2019/08/27/opinion/trump-obama-economy.html">Archived</a> from the original on November 25, 2020<span class="reference-accessdate">. Retrieved <span class="nowrap">December 31,</span> 2019</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=The+New+York+Times&amp;rft.atitle=NYT-Steven+Rattner-Trump+Can%27t+Beat+Obama+on+the+Economy-August+27%2C+2019&amp;rft_id=https%3A%2F%2Fwww.nytimes.com%2F2019%2F08%2F27%2Fopinion%2Ftrump-obama-economy.html&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-153"><span class="mw-cite-backlink"><b><a href="#cite_ref-153">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://fred.stlouisfed.org/series/UNRATE">"FRED-Unemployment Rate"</a>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20200429183207/https://fred.stlouisfed.org/series/UNRATE">Archived</a> from the original on 2020-04-29<span class="reference-accessdate">. Retrieved <span class="nowrap">2019-12-31</span></span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=FRED-Unemployment+Rate&amp;rft_id=https%3A%2F%2Ffred.stlouisfed.org%2Fseries%2FUNRATE&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-154"><span class="mw-cite-backlink"><b><a href="#cite_ref-154">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://fred.stlouisfed.org/graph/?graph_id=313637&amp;rn=183">"FRED-Unemployment rate for different racial groups-Retrieved December 30, 2019"</a>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20200616172512/https://fred.stlouisfed.org/graph/?graph_id=313637&amp;rn=183">Archived</a> from the original on June 16, 2020<span class="reference-accessdate">. Retrieved <span class="nowrap">December 31,</span> 2019</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=FRED-Unemployment+rate+for+different+racial+groups-Retrieved+December+30%2C+2019&amp;rft_id=https%3A%2F%2Ffred.stlouisfed.org%2Fgraph%2F%3Fgraph_id%3D313637%26rn%3D183&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-155"><span class="mw-cite-backlink"><b><a href="#cite_ref-155">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.cbo.gov/publication/54918">"CBO The Budget and Economic Outlook: 2019-2029"</a>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20190504032538/https://www.cbo.gov/publication/54918">Archived</a> from the original on 2019-05-04<span class="reference-accessdate">. Retrieved <span class="nowrap">2019-12-31</span></span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=CBO+The+Budget+and+Economic+Outlook%3A+2019-2029&amp;rft_id=https%3A%2F%2Fwww.cbo.gov%2Fpublication%2F54918&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-156"><span class="mw-cite-backlink"><b><a href="#cite_ref-156">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.cbo.gov/publication/55699">"CBO-Monthly Budget Review for September 2019"</a>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20210213193028/https://www.cbo.gov/publication/55699">Archived</a> from the original on 2021-02-13<span class="reference-accessdate">. Retrieved <span class="nowrap">2019-12-31</span></span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=CBO-Monthly+Budget+Review+for+September+2019&amp;rft_id=https%3A%2F%2Fwww.cbo.gov%2Fpublication%2F55699&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-157"><span class="mw-cite-backlink"><b><a href="#cite_ref-157">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.cdc.gov/nchs/fastats/health-insurance.htm">"CDC-National Center for Health Statistics-Early Release of Estimates from National Health Interview Survey-May 2019"</a>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20200329224742/https://www.cdc.gov/nchs/fastats/health-insurance.htm">Archived</a> from the original on 2020-03-29<span class="reference-accessdate">. Retrieved <span class="nowrap">2017-09-09</span></span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=CDC-National+Center+for+Health+Statistics-Early+Release+of+Estimates+from+National+Health+Interview+Survey-May+2019&amp;rft_id=https%3A%2F%2Fwww.cdc.gov%2Fnchs%2Ffastats%2Fhealth-insurance.htm&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-158"><span class="mw-cite-backlink"><b><a href="#cite_ref-158">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://fred.stlouisfed.org/series/SP500">"S&amp;P 500"</a>. 11 August 2021. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20190509110958/https://fred.stlouisfed.org/series/SP500">Archived</a> from the original on 9 May 2019<span class="reference-accessdate">. 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Retrieved <span class="nowrap">February 15,</span> 2021</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=Marketwatch-Stock-market+performance+under+Trump+trails+only+Obama+and+Clinton-January+20%2C+2021&amp;rft_id=https%3A%2F%2Fwww.marketwatch.com%2Fstory%2Fstock-market-performance-under-trump-trails-only-obama-and-clinton-11611161401&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-160"><span class="mw-cite-backlink"><b><a href="#cite_ref-160">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://fred.stlouisfed.org/series/MTSDS133FMS">"Federal Surplus or Deficit &#91;-&#93;"</a>. October 1980. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20201216020258/https://fred.stlouisfed.org/series/MTSDS133FMS">Archived</a> from the original on 2020-12-16<span class="reference-accessdate">. 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Retrieved <span class="nowrap">10 July</span> 2018</span> &#8211; via National Bureau of Economic Research.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.atitle=The+Aftermath+of+Financial+Crises&amp;rft.date=2009-01-01&amp;rft_id=info%3Adoi%2F10.3386%2Fw14656&amp;rft.aulast=Reinhart&amp;rft.aufirst=Carmen+M&amp;rft.au=Rogoff%2C+Kenneth+S&amp;rft_id=http%3A%2F%2Fwww.nber.org%2Fpapers%2Fw14656&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span> <span class="cs1-visible-error citation-comment"><code class="cs1-code">{{<a href="/wiki/Template:Cite_journal" title="Template:Cite journal">cite journal</a>}}</code>: </span><span class="cs1-visible-error citation-comment">Cite journal requires <code class="cs1-code">&#124;journal=</code> (<a href="/wiki/Help:CS1_errors#missing_periodical" title="Help:CS1 errors">help</a>)</span></span> </li> <li id="cite_note-FED_LaelBrainard1-169"><span class="mw-cite-backlink"><b><a href="#cite_ref-FED_LaelBrainard1_169-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.federalreserve.gov/newsevents/speech/brainard20160912a.htm">"The "New Normal" and What It Means for Monetary Policy"</a>. <i>Federal Reserve</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20161203134625/https://www.federalreserve.gov/newsevents/speech/brainard20160912a.htm">Archived</a> from the original on December 3, 2016<span class="reference-accessdate">. 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Retrieved <span class="nowrap">8 July</span> 2018</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=ABC+News&amp;rft.atitle=Video%3A+Heckler+Disrupts+Obama%27s+Speech+With+Minute-Long+Rant&amp;rft_id=https%3A%2F%2Fabcnews.go.com%2FPolitics%2Fvideo%2Fheckler-obama-steals-attention-presidents-speech-21008837&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-263"><span class="mw-cite-backlink"><b><a href="#cite_ref-263">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20131126145922/http://www.ktvu.com/news/news/national-govt-politics/obama-addresses-heckler-during-speech-immigration/nb4qQ/">"Obama addresses heckler during speech on immigration &#124; www.ktvu.com"</a>. Archived from <a rel="nofollow" class="external text" href="http://www.ktvu.com/news/news/national-govt-politics/obama-addresses-heckler-during-speech-immigration/nb4qQ/">the original</a> on 2013-11-26<span class="reference-accessdate">. Retrieved <span class="nowrap">2013-11-26</span></span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=Obama+addresses+heckler+during+speech+on+immigration+%26%23124%3B+www.ktvu.com&amp;rft_id=http%3A%2F%2Fwww.ktvu.com%2Fnews%2Fnews%2Fnational-govt-politics%2Fobama-addresses-heckler-during-speech-immigration%2Fnb4qQ%2F&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-264"><span class="mw-cite-backlink"><b><a href="#cite_ref-264">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20160304082356/http://www.daytondailynews.com/news/news/national/obama-addresses-heckler-during-speech-immigration/nb494/">"Obama addresses heckler during speech on immigration"</a>. Archived from <a rel="nofollow" class="external text" href="http://www.daytondailynews.com/news/news/national/obama-addresses-heckler-during-speech-immigration/nb494/">the original</a> on 4 March 2016<span class="reference-accessdate">. Retrieved <span class="nowrap">8 July</span> 2018</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=Obama+addresses+heckler+during+speech+on+immigration&amp;rft_id=http%3A%2F%2Fwww.daytondailynews.com%2Fnews%2Fnews%2Fnational%2Fobama-addresses-heckler-during-speech-immigration%2Fnb494%2F&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-265"><span class="mw-cite-backlink"><b><a href="#cite_ref-265">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20150402144614/http://www.wpxi.com/news/news/national/obama-addresses-heckler-during-speech-immigration/nb494/">"Obama addresses heckler during speech on immigration &#124; www.wpxi.com"</a>. Archived from <a rel="nofollow" class="external text" href="http://www.wpxi.com/news/news/national/obama-addresses-heckler-during-speech-immigration/nb494/">the original</a> on 2015-04-02<span class="reference-accessdate">. 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Retrieved <span class="nowrap">8 July</span> 2018</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=money.cnn.com&amp;rft.atitle=What+Obama+means+for+business+-+Jun.+23%2C+2008&amp;rft.aulast=chief&amp;rft.aufirst=By+Nina+Easton%2C+Washington+bureau&amp;rft_id=https%3A%2F%2Fmoney.cnn.com%2F2008%2F06%2F20%2Fmagazines%2Ffortune%2Feaston_obama.fortune%2F%3Fpostversion%3D2008062308&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span><span class="cs1-maint citation-comment"><code class="cs1-code">{{<a href="/wiki/Template:Cite_web" title="Template:Cite web">cite web</a>}}</code>: CS1 maint: multiple names: authors list (<a href="/wiki/Category:CS1_maint:_multiple_names:_authors_list" title="Category:CS1 maint: multiple names: authors list">link</a>)</span></span> </li> <li id="cite_note-273"><span class="mw-cite-backlink"><b><a href="#cite_ref-273">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFGoolsbee" class="citation web cs1">Goolsbee, Austan. <a rel="nofollow" class="external text" href="https://abcnews.go.com/images/Politics/Canwest%20News_1.pdf">"Leaked Memo"</a> <span class="cs1-format">(PDF)</span>. <i>ABC News</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20190627122431/http://abcnews.go.com/images/Politics/Canwest%20News_1.pdf">Archived</a> <span class="cs1-format">(PDF)</span> from the original on 2019-06-27<span class="reference-accessdate">. Retrieved <span class="nowrap">2008-02-08</span></span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=ABC+News&amp;rft.atitle=Leaked+Memo&amp;rft.aulast=Goolsbee&amp;rft.aufirst=Austan&amp;rft_id=https%3A%2F%2Fabcnews.go.com%2Fimages%2FPolitics%2FCanwest%2520News_1.pdf&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-274"><span class="mw-cite-backlink"><b><a href="#cite_ref-274">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://www.iht.com/articles/2008/07/01/america/02campaigncnd.php">Obama plan would expand faith-based program</a> <a rel="nofollow" class="external text" href="https://web.archive.org/web/20080803060920/http://www.iht.com/articles/2008/07/01/america/02campaigncnd.php">Archived</a> 2008-08-03 at the <a href="/wiki/Wayback_Machine" title="Wayback Machine">Wayback Machine</a>, International Herald Tribune, July 1, 2008</span> </li> <li id="cite_note-275"><span class="mw-cite-backlink"><b><a href="#cite_ref-275">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="http://www.cnn.com/2008/POLITICS/07/01/campaign.wrap/?iref=mpstoryview">"Obama focuses on faith; McCain slams earmarks in crime speech"</a>. CNN. 2008-07-01. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20191218050121/http://www.cnn.com/2008/POLITICS/07/01/campaign.wrap/?iref=mpstoryview">Archived</a> from the original on 2019-12-18<span class="reference-accessdate">. Retrieved <span class="nowrap">2008-07-01</span></span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.atitle=Obama+focuses+on+faith%3B+McCain+slams+earmarks+in+crime+speech&amp;rft.date=2008-07-01&amp;rft_id=http%3A%2F%2Fwww.cnn.com%2F2008%2FPOLITICS%2F07%2F01%2Fcampaign.wrap%2F%3Firef%3Dmpstoryview&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> <li id="cite_note-276"><span class="mw-cite-backlink"><b><a href="#cite_ref-276">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://apnews.myway.com/article/20080922/D93BUL0O0.html">Obama vows deep cuts in spending</a> <a rel="nofollow" class="external text" href="https://web.archive.org/web/20080927040021/http://apnews.myway.com/article/20080922/D93BUL0O0.html">Archived</a> 2008-09-27 at the <a href="/wiki/Wayback_Machine" title="Wayback Machine">Wayback Machine</a>, Associated Press, September 22, 2008</span> </li> <li id="cite_note-277"><span class="mw-cite-backlink"><b><a href="#cite_ref-277">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.factcheck.org/2009/10/the-obama-phone/">"The Obama Phone? - FactCheck.org"</a>. 29 October 2009. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20210126002010/https://www.factcheck.org/2009/10/the-obama-phone/">Archived</a> from the original on 26 January 2021<span class="reference-accessdate">. Retrieved <span class="nowrap">10 July</span> 2018</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=The+Obama+Phone%3F+-+FactCheck.org&amp;rft.date=2009-10-29&amp;rft_id=https%3A%2F%2Fwww.factcheck.org%2F2009%2F10%2Fthe-obama-phone%2F&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+policy+of+the+Barack+Obama+administration" class="Z3988"></span></span> </li> </ol></div> <div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_policy_of_the_Barack_Obama_administration&amp;action=edit&amp;section=53" title="Edit section: External links"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1235681985">.mw-parser-output .side-box{margin:4px 0;box-sizing:border-box;border:1px solid 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ul{line-height:inherit;list-style:none;margin:0;padding:0}.mw-parser-output .plainlist ol li,.mw-parser-output .plainlist ul li{margin-bottom:0}</style> <div class="side-box-abovebelow"> <b>Barack Obama</b> at Wikipedia's <a href="/wiki/Wikipedia:Wikimedia_sister_projects" title="Wikipedia:Wikimedia sister projects"><span id="sister-projects">sister projects</span></a></div> <div class="side-box-flex"> <div class="side-box-text plainlist"><ul><li><span class="sister-logo"><span class="mw-valign-middle" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/0/06/Wiktionary-logo-v2.svg/27px-Wiktionary-logo-v2.svg.png" decoding="async" width="27" height="27" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/0/06/Wiktionary-logo-v2.svg/41px-Wiktionary-logo-v2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/0/06/Wiktionary-logo-v2.svg/54px-Wiktionary-logo-v2.svg.png 2x" data-file-width="391" data-file-height="391" /></span></span></span><span class="sister-link"><a href="https://en.wiktionary.org/wiki/Special:Search/Barack_Obama" class="extiw" title="wikt:Special:Search/Barack Obama">Definitions</a> from Wiktionary</span></li><li><span class="sister-logo"><span class="mw-valign-middle" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/4/4a/Commons-logo.svg/20px-Commons-logo.svg.png" decoding="async" width="20" height="27" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/4/4a/Commons-logo.svg/30px-Commons-logo.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/4/4a/Commons-logo.svg/40px-Commons-logo.svg.png 2x" data-file-width="1024" data-file-height="1376" /></span></span></span><span class="sister-link"><a href="https://commons.wikimedia.org/wiki/Barack_Obama" class="extiw" title="c:Barack Obama">Media</a> from Commons</span></li><li><span class="sister-logo"><span class="mw-valign-middle" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/2/24/Wikinews-logo.svg/27px-Wikinews-logo.svg.png" decoding="async" width="27" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/2/24/Wikinews-logo.svg/41px-Wikinews-logo.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/2/24/Wikinews-logo.svg/54px-Wikinews-logo.svg.png 2x" data-file-width="759" data-file-height="415" /></span></span></span><span class="sister-link"><a href="https://en.wikinews.org/wiki/Category:Barack_Obama" class="extiw" title="n:Category:Barack Obama">News</a> from Wikinews</span></li><li><span class="sister-logo"><span class="mw-valign-middle" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/f/fa/Wikiquote-logo.svg/23px-Wikiquote-logo.svg.png" decoding="async" width="23" height="27" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/fa/Wikiquote-logo.svg/35px-Wikiquote-logo.svg.png 1.5x, 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title="s:Author:Barack Hussein Obama">Texts</a> from Wikisource</span></li><li><span class="sister-logo"><span class="mw-valign-middle" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/f/fa/Wikibooks-logo.svg/27px-Wikibooks-logo.svg.png" decoding="async" width="27" height="27" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/fa/Wikibooks-logo.svg/41px-Wikibooks-logo.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/fa/Wikibooks-logo.svg/54px-Wikibooks-logo.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span></span><span class="sister-link"><a href="https://en.wikibooks.org/wiki/Special:Search/Barack_Obama" class="extiw" title="b:Special:Search/Barack Obama">Textbooks</a> from Wikibooks</span></li><li><span class="sister-logo"><span class="mw-valign-middle" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/0/0b/Wikiversity_logo_2017.svg/27px-Wikiversity_logo_2017.svg.png" decoding="async" width="27" height="22" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/0/0b/Wikiversity_logo_2017.svg/41px-Wikiversity_logo_2017.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/0/0b/Wikiversity_logo_2017.svg/54px-Wikiversity_logo_2017.svg.png 2x" data-file-width="626" data-file-height="512" /></span></span></span><span class="sister-link"><a href="https://en.wikiversity.org/wiki/Special:Search/Barack_Obama" class="extiw" title="v:Special:Search/Barack Obama">Resources</a> from Wikiversity</span></li></ul></div></div> </div> <dl><dt>Official sites</dt></dl> <ul><li><a rel="nofollow" class="external text" href="https://web.archive.org/web/20080820011012/http://answercenter.barackobama.com/">BarackObama.com – Answer Center</a></li> <li><a rel="nofollow" class="external text" href="https://web.archive.org/web/20091123170639/http://origin.barackobama.com/issues/">BarackObama.com – Issues</a></li> <li><a rel="nofollow" class="external text" href="https://web.archive.org/web/20081216021752/http://obama.senate.gov/issues/">Obama Senate.gov – Issues</a></li></ul> <dl><dt>Topic pages and databases</dt> <dt>General</dt></dl> <ul><li><a rel="nofollow" class="external text" href="https://www.chicagotribune.com/news/politics/obama/">Chicago Tribune</a> – Candidate coverage</li> <li><a rel="nofollow" class="external text" href="http://ontheissues.org/Barack_Obama.htm">On the Issues</a> – Issue positions</li> <li><a rel="nofollow" class="external text" href="https://web.archive.org/web/20080102230831/http://vote-smart.org/bio.php?can_id=BS030017">Project Vote Smart</a> – Candidate information, including issue positions</li></ul> <dl><dt>Disability issues</dt></dl> <ul><li><a rel="nofollow" class="external text" href="https://web.archive.org/web/20080410204059/http://www.aapd-dc.org/News/election/070604sbo.htm">Obama answers questions on disability issues</a></li></ul> <dl><dt>Environment</dt></dl> <ul><li><a rel="nofollow" class="external text" href="http://presidentialprofiles2008.org/Obama/tab1.html">Obama &amp; environmental issues:</a> Comprehensive review from the <a href="/wiki/League_of_Conservation_Voters" title="League of Conservation Voters">League of Conservation Voters</a>.</li></ul> <dl><dt>Foreign affairs</dt></dl> <ul><li><a rel="nofollow" class="external text" href="https://web.archive.org/web/20090223171624/http://www.foreignaffairs.org/20070701faessay86401/barack-obama/renewing-american-leadership.html">"Renewing American Leadership"</a> – detailed article by <a href="/wiki/Barack_Obama" title="Barack Obama">Barack Obama</a> in <i><a href="/wiki/Foreign_Affairs" title="Foreign Affairs">Foreign Affairs</a></i></li> <li><a rel="nofollow" class="external text" href="https://web.archive.org/web/20091205192536/http://www.cfr.org/bios/11603/barack_obama.html">Barack Obama's positions on top foreign policy issues</a> – extensive material documented by the <a href="/wiki/Council_on_Foreign_Relations" title="Council on Foreign Relations">Council on Foreign Relations</a></li></ul> <dl><dt>Health care</dt></dl> <ul><li><a rel="nofollow" class="external text" href="https://web.archive.org/web/20080315174624/http://npalliance.org/content/pages/2008_presidential_candidate_health_plan_report_card">2008 Presidential Candidate Health Plan Report Card</a> issued by the <a href="/wiki/National_Physicians_Alliance" title="National Physicians Alliance">National Physicians Alliance</a></li> <li><a rel="nofollow" class="external text" href="https://web.archive.org/web/20081005043937/http://www.commonwealthfund.org/publications/publications_show.htm?doc_id=707948">2008 Presidential Candidates' Health Reform Proposals</a> from <a href="/wiki/The_Commonwealth_Fund" class="mw-redirect" title="The Commonwealth Fund">The Commonwealth Fund</a></li></ul> <dl><dt>Israel and the Middle East conflict</dt></dl> <ul><li><a rel="nofollow" class="external text" href="http://jeffreygoldberg.theatlantic.com/archives/2008/05/obama_on_zionism_and_hamas.php">Obama on Zionism and Hamas</a> – extensive interview with <a href="/wiki/Jeffrey_Goldberg" title="Jeffrey Goldberg">Jeffrey Goldberg</a></li> <li><a rel="nofollow" class="external text" href="https://web.archive.org/web/20090205091616/http://www.aipac.org/Publications/SpeechesByPolicymakers/PC_08_Obama.pdf">Speech by Senator Barack Obama</a></li></ul> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><style data-mw-deduplicate="TemplateStyles:r1236075235">.mw-parser-output .navbox{box-sizing:border-box;border:1px solid #a2a9b1;width:100%;clear:both;font-size:88%;text-align:center;padding:1px;margin:1em auto 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title="Special:EditPage/Template:Barack Obama"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Barack_Obama" style="font-size:114%;margin:0 4em"><a href="/wiki/Barack_Obama" title="Barack Obama">Barack Obama</a></div></th></tr><tr><td class="navbox-abovebelow" colspan="2"><div> <ul><li><span class="nowrap"><a href="/wiki/List_of_presidents_of_the_United_States" title="List of presidents of the United States">44th</a> <a href="/wiki/President_of_the_United_States" title="President of the United States">President of the United States</a> (2009–2017)</span></li> <li><span class="nowrap"><a href="/wiki/United_States_Senate" title="United States Senate">U.S. Senator</a> <a href="/wiki/List_of_United_States_senators_from_Illinois" title="List of United States senators from Illinois">from Illinois</a> (2005–2008)</span></li> <li><span class="nowrap"><a href="/wiki/Illinois_Senate" title="Illinois Senate">Illinois Senator</a> from the 13th district (1997–2004)</span></li></ul> </div></td></tr><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Life and<br />politics</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Early_life_and_career_of_Barack_Obama" title="Early life and career of Barack Obama">Early life and career</a></span></li> <li><span class="nowrap"><a href="/wiki/Illinois_Senate_career_of_Barack_Obama" title="Illinois Senate career of Barack Obama">Illinois Senate career</a></span></li> <li><span class="nowrap"><a href="/wiki/2004_Democratic_National_Convention" title="2004 Democratic National Convention">2004 Democratic National Convention</a></span></li> <li><span class="nowrap"><a href="/wiki/United_States_Senate_career_of_Barack_Obama" class="mw-redirect" title="United States Senate career of Barack Obama">U.S. Senate career</a></span></li> <li><span class="nowrap"><a href="/wiki/Political_positions_of_Barack_Obama" title="Political positions of Barack Obama">Political positions</a></span> <ul><li><span class="nowrap"><a href="/wiki/Foreign_policy_of_the_Barack_Obama_administration" title="Foreign policy of the Barack Obama administration">Administration foreign policy</a></span></li> <li><span class="nowrap"><a href="/wiki/Cannabis_policy_of_the_Barack_Obama_administration" title="Cannabis policy of the Barack Obama administration">Cannabis</a></span></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_on_mass_surveillance" title="Barack Obama on mass surveillance">Mass surveillance</a></span></li> <li><span class="nowrap"><a href="/wiki/Social_policy_of_the_Barack_Obama_administration" title="Social policy of the Barack Obama administration">Social</a></span></li> <li><span class="nowrap"><a href="/wiki/Space_policy_of_the_Barack_Obama_administration" title="Space policy of the Barack Obama administration">Space</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/2009_Nobel_Peace_Prize" title="2009 Nobel Peace Prize">Nobel Peace Prize</a></span></li> <li><span class="nowrap"><a href="/wiki/West_Wing_Week" title="West Wing Week">West Wing Week</a></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Presidency_of_Barack_Obama" title="Presidency of Barack Obama">Presidency</a><br />(<a href="/wiki/Timeline_of_the_Barack_Obama_presidency" title="Timeline of the Barack Obama presidency">timeline</a>)</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Presidential_transition_of_Barack_Obama" title="Presidential transition of Barack Obama">Transition</a></span></li> <li><span class="nowrap"><a href="/wiki/First_inauguration_of_Barack_Obama" title="First inauguration of Barack Obama">2009 inauguration</a></span></li> <li><span class="nowrap"><a href="/wiki/Second_inauguration_of_Barack_Obama" title="Second inauguration of Barack Obama">2013 inauguration</a></span></li> <li><span class="nowrap"><a href="/wiki/First_100_days_of_the_Barack_Obama_presidency" title="First 100 days of the Barack Obama presidency">First 100 days</a></span></li> <li><span class="nowrap"><a href="/wiki/Timeline_of_the_Barack_Obama_presidency" title="Timeline of the Barack Obama presidency">Timeline</a></span> <ul><li><span class="nowrap"><a href="/wiki/Timeline_of_the_Barack_Obama_presidency_(2009)" title="Timeline of the Barack Obama presidency (2009)">2009</a></span></li> <li><span class="nowrap"><a href="/wiki/Timeline_of_the_Barack_Obama_presidency_(2010)" title="Timeline of the Barack Obama presidency (2010)">2010</a></span></li> <li><span class="nowrap"><a href="/wiki/Timeline_of_the_Barack_Obama_presidency_(2011)" title="Timeline of the Barack Obama presidency (2011)">2011</a></span></li> <li><span class="nowrap"><a href="/wiki/Timeline_of_the_Barack_Obama_presidency_(2012)" title="Timeline of the Barack Obama presidency (2012)">2012</a></span></li> <li><span class="nowrap"><a href="/wiki/Timeline_of_the_Barack_Obama_presidency_(2013)" title="Timeline of the Barack Obama presidency (2013)">2013</a></span></li> <li><span class="nowrap"><a href="/wiki/Timeline_of_the_Barack_Obama_presidency_(2014)" title="Timeline of the Barack Obama presidency (2014)">2014</a></span></li> <li><span class="nowrap"><a href="/wiki/Timeline_of_the_Barack_Obama_presidency_(2015)" title="Timeline of the Barack Obama presidency (2015)">2015</a></span></li> <li><span class="nowrap"><a href="/wiki/Timeline_of_the_Barack_Obama_presidency_(2016%E2%80%932017)" title="Timeline of the Barack Obama presidency (2016–2017)">2016</a></span></li> <li><span class="nowrap"><a href="/wiki/Timeline_of_the_Barack_Obama_presidency_(2016%E2%80%932017)#January_2017" title="Timeline of the Barack Obama presidency (2016–2017)">January 2017</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/Foreign_policy_of_the_Barack_Obama_administration" title="Foreign policy of the Barack Obama administration">Foreign policy</a></span> <ul><li><span class="nowrap"><a href="/wiki/Middle_Eastern_foreign_policy_of_the_Barack_Obama_administration" title="Middle Eastern foreign policy of the Barack Obama administration">Middle East</a></span></li> <li><span class="nowrap"><a href="/wiki/War_in_Afghanistan_(2001%E2%80%932021)#Reassessment_and_renewed_commitment_from_2008" title="War in Afghanistan (2001–2021)">War in Afghanistan</a></span></li> <li><span class="nowrap"><a href="/wiki/Withdrawal_of_United_States_troops_from_Iraq_(2007%E2%80%932011)" title="Withdrawal of United States troops from Iraq (2007–2011)">Iraq withdrawal</a></span></li> <li><span class="nowrap"><a href="/wiki/Killing_of_Osama_bin_Laden" title="Killing of Osama bin Laden">Killing of Osama bin Laden</a></span></li> <li><span class="nowrap"><a href="/wiki/2012_Benghazi_attack" title="2012 Benghazi attack">Benghazi attack</a></span></li> <li><span class="nowrap"><a href="/wiki/US-led_intervention_in_Iraq_(2014%E2%80%932021)" title="US-led intervention in Iraq (2014–2021)">Return to Iraq</a></span></li> <li><span class="nowrap"><a href="/wiki/US_intervention_in_the_Syrian_civil_war" title="US intervention in the Syrian civil war">War in Syria</a></span></li> <li><span class="nowrap"><a href="/wiki/Joint_Comprehensive_Plan_of_Action" title="Joint Comprehensive Plan of Action">Iran nuclear deal</a></span></li> <li><span class="nowrap"><a href="/wiki/East_Asian_foreign_policy_of_the_Barack_Obama_administration" title="East Asian foreign policy of the Barack Obama administration">Pivot to Asia</a></span></li> <li><span class="nowrap"><a href="/wiki/Cuban_thaw" title="Cuban thaw">Cuban thaw</a></span></li> <li><span class="nowrap"><a href="/wiki/Obama_Doctrine" title="Obama Doctrine">Obama Doctrine</a></span></li> <li><span class="nowrap"><a href="/wiki/European_foreign_policy_of_the_Barack_Obama_administration" title="European foreign policy of the Barack Obama administration">Europe</a></span></li></ul></li> <li><span class="nowrap"><a class="mw-selflink selflink">Economic policy</a></span> <ul><li><span class="nowrap"><a href="/wiki/Affordable_Care_Act" title="Affordable Care Act">Affordable Care Act</a></span></li> <li><span class="nowrap"><a href="/wiki/American_Recovery_and_Reinvestment_Act_of_2009" title="American Recovery and Reinvestment Act of 2009">American Recovery and Reinvestment Act of 2009</a></span></li> <li><span class="nowrap"><a href="/wiki/Dodd%E2%80%93Frank_Wall_Street_Reform_and_Consumer_Protection_Act" title="Dodd–Frank Wall Street Reform and Consumer Protection Act">Dodd–Frank Act</a></span></li> <li><span class="nowrap"><a href="/wiki/Lilly_Ledbetter_Fair_Pay_Act_of_2009" title="Lilly Ledbetter Fair Pay Act of 2009">Lilly Ledbetter Fair Pay Act of 2009</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/Energy_policy_of_the_Barack_Obama_administration" title="Energy policy of the Barack Obama administration">Energy</a>/Environmental</span> <ul><li><span class="nowrap"><a href="/wiki/Frank_R._Lautenberg_Chemical_Safety_for_the_21st_Century_Act" title="Frank R. Lautenberg Chemical Safety for the 21st Century Act">Lautenberg Chemical Safety Act</a></span></li> <li><span class="nowrap"><a href="/wiki/Marine_policy_of_the_Barack_Obama_administration" title="Marine policy of the Barack Obama administration">Marine policy</a></span></li> <li><span class="nowrap"><a href="/wiki/New_Energy_for_America" title="New Energy for America">New Energy for America</a></span></li> <li><span class="nowrap"><a href="/wiki/Regulation_of_greenhouse_gases_under_the_Clean_Air_Act" title="Regulation of greenhouse gases under the Clean Air Act">Regulation of greenhouse gases under the Clean Air Act</a></span></li> <li><span class="nowrap"><a href="/wiki/Clean_Power_Plan" title="Clean Power Plan">Clean Power Plan</a></span></li> <li><span class="nowrap"><a href="/wiki/Clean_Water_Act" title="Clean Water Act">Water Infrastructure Finance and Innovation Act of 2014</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/Healthy,_Hunger-Free_Kids_Act_of_2010" title="Healthy, Hunger-Free Kids Act of 2010">Healthy, Hunger-Free Kids Act</a></span></li> <li><span class="nowrap"><a href="/wiki/New_START" title="New START">New START</a></span></li> <li><span class="nowrap"><a href="/wiki/Moving_Ahead_for_Progress_in_the_21st_Century_Act" title="Moving Ahead for Progress in the 21st Century Act">MAP-21st Century Act</a></span></li> <li><span class="nowrap"><a href="/wiki/Fixing_America%27s_Surface_Transportation_Act" title="Fixing America&#39;s Surface Transportation Act">FAST Act</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_people_granted_executive_clemency_by_Barack_Obama" title="List of people granted executive clemency by Barack Obama">Pardons</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_presidential_trips_made_by_Barack_Obama" title="List of presidential trips made by Barack Obama">Presidential trips</a></span> <ul><li><span class="nowrap"><a href="/wiki/List_of_presidential_trips_made_by_Barack_Obama_(2009)" title="List of presidential trips made by Barack Obama (2009)">2009</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_presidential_trips_made_by_Barack_Obama_(2010)" title="List of presidential trips made by Barack Obama (2010)">2010</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_presidential_trips_made_by_Barack_Obama_(2011)" title="List of presidential trips made by Barack Obama (2011)">2011</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_presidential_trips_made_by_Barack_Obama_(2012)" title="List of presidential trips made by Barack Obama (2012)">2012</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_presidential_trips_made_by_Barack_Obama_(2013)" title="List of presidential trips made by Barack Obama (2013)">2013</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_presidential_trips_made_by_Barack_Obama_(2014)" title="List of presidential trips made by Barack Obama (2014)">2014</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_presidential_trips_made_by_Barack_Obama_(2015)" title="List of presidential trips made by Barack Obama (2015)">2015</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_presidential_trips_made_by_Barack_Obama_(2016%E2%80%932017)" class="mw-redirect" title="List of presidential trips made by Barack Obama (2016–2017)">2016–17</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/List_of_international_presidential_trips_made_by_Barack_Obama" title="List of international presidential trips made by Barack Obama">international</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_federal_judges_appointed_by_Barack_Obama" title="List of federal judges appointed by Barack Obama">Judicial appointments</a></span> <ul><li><span class="nowrap"><a href="/wiki/Barack_Obama_Supreme_Court_candidates" title="Barack Obama Supreme Court candidates">Supreme Court</a></span> <ul><li><span class="nowrap"><a href="/wiki/Sonia_Sotomayor_Supreme_Court_nomination" title="Sonia Sotomayor Supreme Court nomination">Sotomayor</a></span></li> <li><span class="nowrap"><a href="/wiki/Elena_Kagan_Supreme_Court_nomination" title="Elena Kagan Supreme Court nomination">Kagan</a></span></li> <li><span class="nowrap"><a href="/wiki/Merrick_Garland_Supreme_Court_nomination" title="Merrick Garland Supreme Court nomination">Garland</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_judicial_appointment_controversies" title="Barack Obama judicial appointment controversies">controversies</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/Cabinet_of_Barack_Obama" title="Cabinet of Barack Obama">Cabinet</a></span></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_Presidential_Center" title="Barack Obama Presidential Center">Presidential Library and Center</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_executive_actions_by_Barack_Obama" title="List of executive actions by Barack Obama">Executive actions</a></span> <ul><li><span class="nowrap"><a href="https://en.wikisource.org/wiki/Author:Barack_Hussein_Obama/Executive_orders" class="extiw" title="wikisource:Author:Barack Hussein Obama/Executive orders">Executive orders</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_presidential_memoranda_by_Barack_Obama" title="List of presidential memoranda by Barack Obama">Memoranda</a></span></li> <li><span class="nowrap"><a href="https://en.wikisource.org/wiki/Author:Barack_Obama/Presidential_Proclamations" class="extiw" title="wikisource:Author:Barack Obama/Presidential Proclamations">Proclamations</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/First_presidential_transition_of_Donald_Trump" title="First presidential transition of Donald Trump">Trump transition</a></span></li> <li><span class="nowrap"><a href="/wiki/Plantation_Estate" title="Plantation Estate">Plantation Estate</a></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Category:Books_by_Barack_Obama" title="Category:Books by Barack Obama">Books</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Dreams_from_My_Father" title="Dreams from My Father"><i>Dreams from My Father</i> (1995)</a></span></li> <li><span class="nowrap"><a href="/wiki/The_Audacity_of_Hope" title="The Audacity of Hope"><i>The Audacity of Hope</i> (2006)</a></span></li> <li><span class="nowrap"><a href="/wiki/Of_Thee_I_Sing_(book)" title="Of Thee I Sing (book)"><i>Of Thee I Sing</i> (2010)</a></span></li> <li><span class="nowrap"><a href="/wiki/A_Promised_Land" title="A Promised Land"><i>A Promised Land</i> (2020)</a></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Speeches_of_Barack_Obama" title="Speeches of Barack Obama">Speeches</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap">"<a href="/wiki/2004_Democratic_National_Convention_keynote_address" title="2004 Democratic National Convention keynote address">The Audacity of Hope</a>" (2004)</span></li> <li><span class="nowrap">"<a href="https://en.wikisource.org/wiki/Remarks_of_Senator_Barack_Obama_on_New_Hampshire_Primary_Night" class="extiw" title="s:Remarks of Senator Barack Obama on New Hampshire Primary Night">Yes We Can</a>" (2008)</span></li> <li><span class="nowrap">"<a href="/wiki/A_More_Perfect_Union_(speech)" title="A More Perfect Union (speech)">A More Perfect Union</a>" (2008)</span></li> <li><span class="nowrap">"<a href="/wiki/Barack_Obama_2008_presidential_election_victory_speech" title="Barack Obama 2008 presidential election victory speech">Change Has Come to America</a>" (2008)</span></li> <li><span class="nowrap">"<a href="/wiki/First_inauguration_of_Barack_Obama#Ceremony:_&quot;A_New_Birth_of_Freedom&quot;" title="First inauguration of Barack Obama">A New Birth of Freedom</a>" (2009)</span></li> <li><span class="nowrap"><a href="/wiki/February_2009_Barack_Obama_speech_to_a_joint_session_of_Congress" title="February 2009 Barack Obama speech to a joint session of Congress">Joint session of Congress</a> (2009)</span></li> <li><span class="nowrap">"<a href="/wiki/A_New_Beginning_(speech)" title="A New Beginning (speech)">A New Beginning</a>" (2009)</span></li> <li><span class="nowrap"><a href="/wiki/September_2009_Barack_Obama_speech_to_a_joint_session_of_Congress" title="September 2009 Barack Obama speech to a joint session of Congress">Joint session of Congress (health care reform)</a> (2009)</span></li> <li><span class="nowrap"><a href="/wiki/State_of_the_Union" title="State of the Union">State of the Union Address</a></span> <ul><li><span class="nowrap"><a href="/wiki/2010_State_of_the_Union_Address" title="2010 State of the Union Address">2010</a></span></li> <li><span class="nowrap"><a href="/wiki/2011_State_of_the_Union_Address" title="2011 State of the Union Address">2011</a></span></li> <li><span class="nowrap"><a href="/wiki/2012_State_of_the_Union_Address" title="2012 State of the Union Address">2012</a></span></li> <li><span class="nowrap"><a href="/wiki/2013_State_of_the_Union_Address" title="2013 State of the Union Address">2013</a></span></li> <li><span class="nowrap"><a href="/wiki/2014_State_of_the_Union_Address" title="2014 State of the Union Address">2014</a></span></li> <li><span class="nowrap"><a href="/wiki/2015_State_of_the_Union_Address" title="2015 State of the Union Address">2015</a></span></li> <li><span class="nowrap"><a href="/wiki/2016_State_of_the_Union_Address" title="2016 State of the Union Address">2016</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_Tucson_memorial_speech" title="Barack Obama Tucson memorial speech">Tucson memorial speech</a> (2011)</span></li> <li><span class="nowrap"><a href="/wiki/American_Jobs_Act" title="American Jobs Act">Joint session of Congress (jobs)</a> (2011)</span></li> <li><span class="nowrap">"<a href="/wiki/You_didn%27t_build_that" title="You didn&#39;t build that">You didn't build that</a>" (2012)</span></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_Selma_50th_anniversary_speech" title="Barack Obama Selma 50th anniversary speech">Selma 50th anniversary</a> (2015)</span></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama%27s_farewell_address" title="Barack Obama&#39;s farewell address">Farewell address</a> (2017)</span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Electoral_history_of_Barack_Obama" title="Electoral history of Barack Obama">Elections</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Illinois</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Illinois_Senate_elections_of_Barack_Obama" title="Illinois Senate elections of Barack Obama">State Senate</a></span> <ul><li><span class="nowrap"><a href="/wiki/Illinois_Senate_elections_of_Barack_Obama#First_state_Senate_election,_1996" title="Illinois Senate elections of Barack Obama">1996</a></span></li> <li><span class="nowrap"><a href="/wiki/Illinois_Senate_elections_of_Barack_Obama#Second_state_Senate_election,_1998" title="Illinois Senate elections of Barack Obama">1998</a></span></li> <li><span class="nowrap"><a href="/wiki/Illinois_Senate_elections_of_Barack_Obama#Third_state_Senate_election,_2002" title="Illinois Senate elections of Barack Obama">2002</a></span></li></ul></li> <li><span class="nowrap">U.S. House of Representatives</span> <ul><li><span class="nowrap"><a href="/wiki/2000_Illinois%27s_1st_congressional_district_election" title="2000 Illinois&#39;s 1st congressional district election">2000</a></span></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">U.S. Senate</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/2004_United_States_Senate_election_in_Illinois" title="2004 United States Senate election in Illinois">2004</a></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Presidential</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Barack_Obama_2008_presidential_campaign" title="Barack Obama 2008 presidential campaign">2008 campaign</a></span> <ul><li><span class="nowrap"><a href="/wiki/List_of_Barack_Obama_2008_presidential_campaign_endorsements" title="List of Barack Obama 2008 presidential campaign endorsements">endorsements</a></span> <ul><li><span class="nowrap"><a href="/wiki/Republican_and_conservative_support_for_Barack_Obama_in_2008" title="Republican and conservative support for Barack Obama in 2008">GOP/conservative support</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/List_of_Barack_Obama_2008_presidential_campaign_staff_members" title="List of Barack Obama 2008 presidential campaign staff members">staff members</a></span></li> <li><span class="nowrap"><a href="/wiki/2008_Democratic_Party_presidential_primaries" title="2008 Democratic Party presidential primaries">primaries</a></span> <ul><li><span class="nowrap"><a href="/wiki/Barack_Obama_2008_presidential_primary_campaign" title="Barack Obama 2008 presidential primary campaign">primary campaign</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/2008_Democratic_Party_vice_presidential_candidate_selection" title="2008 Democratic Party vice presidential candidate selection">running mate selection</a></span></li> <li><span class="nowrap"><a href="/wiki/2008_Democratic_National_Convention" title="2008 Democratic National Convention">convention</a></span></li> <li><span class="nowrap"><a href="/wiki/2008_United_States_presidential_debates" title="2008 United States presidential debates">debates</a></span></li> <li><span class="nowrap"><a href="/wiki/2008_United_States_presidential_election" title="2008 United States presidential election">election</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_2012_presidential_campaign" title="Barack Obama 2012 presidential campaign">2012 campaign</a></span> <ul><li><span class="nowrap"><a href="/wiki/List_of_Barack_Obama_2012_presidential_campaign_endorsements" title="List of Barack Obama 2012 presidential campaign endorsements">endorsements</a></span></li> <li><span class="nowrap"><a href="/wiki/2012_Democratic_Party_presidential_primaries" title="2012 Democratic Party presidential primaries">primaries</a></span></li> <li><span class="nowrap"><a href="/wiki/2012_Democratic_National_Convention" title="2012 Democratic National Convention">convention</a></span></li> <li><span class="nowrap"><a href="/wiki/2012_United_States_presidential_debates" title="2012 United States presidential debates">debates</a></span></li> <li><span class="nowrap"><a href="/wiki/2012_United_States_presidential_election" title="2012 United States presidential election">election</a></span></li></ul></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Family_of_Barack_Obama" title="Family of Barack Obama">Family</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Michelle_Obama" title="Michelle Obama">Michelle Obama</a> (wife)</span></li> <li><span class="nowrap"><a href="/wiki/Ann_Dunham" title="Ann Dunham">Ann Dunham</a> (mother)</span></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_Sr." title="Barack Obama Sr.">Barack Obama Sr.</a> (father)</span></li> <li><span class="nowrap"><a href="/wiki/Lolo_Soetoro" title="Lolo Soetoro">Lolo Soetoro</a> (stepfather)</span></li> <li><span class="nowrap"><a href="/wiki/Maya_Soetoro-Ng" title="Maya Soetoro-Ng">Maya Soetoro-Ng</a> (maternal half-sister)</span></li> <li><span class="nowrap"><a href="/wiki/Stanley_Armour_Dunham" title="Stanley Armour Dunham">Stanley Armour Dunham</a> (maternal grandfather)</span></li> <li><span class="nowrap"><a href="/wiki/Madelyn_Dunham" title="Madelyn Dunham">Madelyn Dunham</a> (maternal grandmother)</span></li> <li><span class="nowrap"><a href="/wiki/Auma_Obama" title="Auma Obama">Auma Obama</a> (paternal half-sister)</span></li> <li><span class="nowrap"><a href="/wiki/Malik_Obama" title="Malik Obama">Malik Obama</a> (paternal half-brother)</span></li> <li><span class="nowrap"><a href="/wiki/Marian_Robinson" title="Marian Robinson">Marian Robinson</a> (mother-in-law)</span></li> <li><span class="nowrap"><a href="/wiki/Craig_Robinson_(basketball)" title="Craig Robinson (basketball)">Craig Robinson</a> (brother-in-law)</span></li> <li><span class="nowrap"><a href="/wiki/Bo_(dog)" title="Bo (dog)">Bo</a> (family dog)</span></li> <li><span class="nowrap"><a href="/wiki/Sunny_(dog)" title="Sunny (dog)">Sunny</a> (family dog)</span></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks mw-collapsible expanded navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Barack_Obama" title="Template:Barack Obama"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Barack_Obama" title="Template talk:Barack Obama"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Barack_Obama" title="Special:EditPage/Template:Barack Obama"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Public_image" style="font-size:114%;margin:0 4em"><a href="/wiki/Public_image_of_Barack_Obama" title="Public image of Barack Obama">Public image</a></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%">News and <br /> political events</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Oprah_Winfrey%27s_endorsement_of_Barack_Obama" title="Oprah Winfrey&#39;s endorsement of Barack Obama">Oprah Winfrey's endorsement</a></span></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_citizenship_conspiracy_theories" title="Barack Obama citizenship conspiracy theories">Citizenship conspiracy theories</a></span> <ul><li><span class="nowrap"><a href="/wiki/Barack_Obama_presidential_eligibility_litigation" title="Barack Obama presidential eligibility litigation">litigation</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_religion_conspiracy_theories" title="Barack Obama religion conspiracy theories">Religion conspiracy theories</a></span></li> <li><span class="nowrap"><a href="/wiki/Bill_Ayers_2008_presidential_election_controversy" title="Bill Ayers 2008 presidential election controversy">Bill Ayers controversy</a></span></li> <li><span class="nowrap"><a href="/wiki/Jeremiah_Wright_controversy" title="Jeremiah Wright controversy">Jeremiah Wright controversy</a></span></li> <li><span class="nowrap"><a href="/wiki/Republican_and_conservative_support_for_Barack_Obama_in_2008" title="Republican and conservative support for Barack Obama in 2008">Republican and conservative support (2008)</a></span></li> <li><span class="nowrap"><a href="/wiki/Security_incidents_involving_Barack_Obama" title="Security incidents involving Barack Obama">Assassination threats</a></span> <ul><li><span class="nowrap"><a href="/wiki/Barack_Obama_assassination_plot_in_Denver" title="Barack Obama assassination plot in Denver">2008 Denver</a></span></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_assassination_plot_in_Tennessee" title="Barack Obama assassination plot in Tennessee">2008 Tennessee</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/Invitations_to_the_first_inauguration_of_Barack_Obama" title="Invitations to the first inauguration of Barack Obama">First inauguration invitations</a></span></li> <li><span class="nowrap"><a href="/wiki/We_Are_One:_The_Obama_Inaugural_Celebration_at_the_Lincoln_Memorial" title="We Are One: The Obama Inaugural Celebration at the Lincoln Memorial">Inaugural Celebration at the Lincoln Memorial</a></span></li> <li><span class="nowrap"><i><a href="/wiki/Citizen%27s_Briefing_Book" title="Citizen&#39;s Briefing Book">Citizen's Briefing Book</a></i></span></li> <li><span class="nowrap"><a href="/wiki/Tea_Party_protests" title="Tea Party protests">Tea Party protests</a></span></li> <li><span class="nowrap"><a href="/wiki/New_Energy_for_America" title="New Energy for America">New Energy for America</a></span></li> <li><span class="nowrap"><a href="/wiki/Henry_Louis_Gates_arrest_controversy#Presidential_involvement" title="Henry Louis Gates arrest controversy">Gates–Crowley Rose Garden meeting</a></span></li> <li><span class="nowrap"><a href="/wiki/Firing_of_Shirley_Sherrod" title="Firing of Shirley Sherrod">Firing of Shirley Sherrod</a></span></li> <li><span class="nowrap"><a href="/wiki/Efforts_to_impeach_Barack_Obama" title="Efforts to impeach Barack Obama">Impeachment efforts</a></span></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_tan_suit_controversy" title="Barack Obama tan suit controversy">Tan suit controversy</a></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Category:Books_about_Barack_Obama" title="Category:Books about Barack Obama">Books about</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Bibliography_of_Barack_Obama" title="Bibliography of Barack Obama">Bibliography</a></span></li> <li><span class="nowrap"><i><a href="/wiki/Obama:_From_Promise_to_Power" title="Obama: From Promise to Power">Obama: From Promise to Power</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Barack_Obama:_Der_schwarze_Kennedy" title="Barack Obama: Der schwarze Kennedy">Barack Obama: Der schwarze Kennedy</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Redemption_Song_(Stanage_book)" title="Redemption Song (Stanage book)">Redemption Song</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/The_Case_Against_Barack_Obama" title="The Case Against Barack Obama">The Case Against Barack Obama</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/The_Obama_Nation" title="The Obama Nation">The Obama Nation</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Culture_of_Corruption" title="Culture of Corruption">Culture of Corruption</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Catastrophe_(Morris_and_McGann_book)" title="Catastrophe (Morris and McGann book)">Catastrophe</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Barack_and_Michelle" title="Barack and Michelle">Barack and Michelle</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/The_Speech_(Sharpley-Whiting_book)" title="The Speech (Sharpley-Whiting book)">The Speech</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/The_Obama_Story" title="The Obama Story">The Obama Story</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Between_Barack_and_a_Hard_Place" title="Between Barack and a Hard Place">Between Barack and a Hard Place</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Game_Change" title="Game Change">Game Change</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Obama_Zombies" title="Obama Zombies">Obama Zombies</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Conservative_Victory" title="Conservative Victory">Conservative Victory</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/The_Bridge:_The_Life_and_Rise_of_Barack_Obama" title="The Bridge: The Life and Rise of Barack Obama">The Bridge</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/The_Obama_Diaries" title="The Obama Diaries">The Obama Diaries</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/The_Obama_Syndrome" title="The Obama Syndrome">The Obama Syndrome</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/The_Obama_Identity" title="The Obama Identity">The Obama Identity</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/O:_A_Presidential_Novel" title="O: A Presidential Novel">O: A Presidential Novel</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Where%27s_the_Birth_Certificate%3F" title="Where&#39;s the Birth Certificate?">Where's the Birth Certificate?</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Obama%27s_Last_Stand" title="Obama&#39;s Last Stand">Obama's Last Stand</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Barack_Obama:_The_Story" title="Barack Obama: The Story">Barack Obama: The Story</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Double_Down:_Game_Change_2012" title="Double Down: Game Change 2012"> Game Change 2012</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Buyer%27s_Remorse_(book)" title="Buyer&#39;s Remorse (book)">Buyer's Remorse</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Rising_Star_(book)" title="Rising Star (book)">Rising Star</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Shade:_A_Tale_of_Two_Presidents" title="Shade: A Tale of Two Presidents">Shade</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/The_World_as_It_Is_(book)" title="The World as It Is (book)">The World as It Is</a></i></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Music</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Amber_Lee_Ettinger" title="Amber Lee Ettinger">Obama Girl</a></span> <ul><li><span class="nowrap">"<a href="/wiki/Crush_on_Obama" title="Crush on Obama">I Got a Crush... on Obama</a>"</span></li></ul></li> <li><span class="nowrap">"<a href="/wiki/Magical_Negro#Barack_Obama" title="Magical Negro">Barack the Magic Negro</a>"</span></li> <li><span class="nowrap"><a href="/wiki/Will.i.am" title="Will.i.am">will.i.am</a></span> <ul><li><span class="nowrap">"<a href="/wiki/Yes_We_Can_(will.i.am_song)" title="Yes We Can (will.i.am song)">Yes We Can</a>"</span></li></ul></li> <li><span class="nowrap">"<a href="/wiki/The_President_Sang_Amazing_Grace" title="The President Sang Amazing Grace">The President Sang Amazing Grace</a>"</span></li> <li><span class="nowrap">"<a href="/wiki/There%27s_No_One_as_Irish_as_Barack_O%27Bama" title="There&#39;s No One as Irish as Barack O&#39;Bama">There's No One as Irish as Barack O'Bama</a>"</span></li> <li><span class="nowrap">"<a href="/wiki/S%C3%AD_Se_Puede_Cambiar" title="Sí Se Puede Cambiar">Sí Se Puede Cambiar</a>"</span></li> <li><span class="nowrap">"<a href="/wiki/My_President" title="My President">My President</a>"</span></li> <li><span class="nowrap">"<a href="/wiki/Deadheads_for_Obama" title="Deadheads for Obama">Deadheads for Obama</a>"</span></li> <li><span class="nowrap">"<a href="/wiki/Air_and_Simple_Gifts" title="Air and Simple Gifts">Air and Simple Gifts</a>"</span></li> <li><span class="nowrap"><i><a href="/wiki/Change_Is_Now:_Renewing_America%27s_Promise" title="Change Is Now: Renewing America&#39;s Promise">Change Is Now</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Hope!_%E2%80%93_Das_Obama_Musical" title="Hope! – Das Obama Musical">Hope! – Das Obama Musical</a></i></span></li> <li><span class="nowrap">"<a href="/wiki/Barack_Obama_vs._Mitt_Romney_(video)" title="Barack Obama vs. Mitt Romney (video)">Barack Obama vs. Mitt Romney</a>"</span></li> <li><span class="nowrap"><i><a href="/wiki/Baracksdubs" title="Baracksdubs">Barack's Dubs</a></i></span></li> <li><span class="nowrap">"<a href="/wiki/Signed,_Sealed,_Delivered_I%27m_Yours#Political_significance" title="Signed, Sealed, Delivered I&#39;m Yours">Signed, Sealed, Delivered I'm Yours</a>"</span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Film, TV, <br /> and stage</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><i><a href="/wiki/By_the_People:_The_Election_of_Barack_Obama" title="By the People: The Election of Barack Obama">By the People: The Election of Barack Obama</a></i> (2009)</span></li> <li><span class="nowrap"><i><a href="/wiki/Change_(film)" title="Change (film)">Change</a></i> (2010)</span></li> <li><span class="nowrap"><i><a href="/wiki/Obama_Anak_Menteng" title="Obama Anak Menteng">Obama Anak Menteng</a></i> (2010)</span></li> <li><span class="nowrap"><i><a href="/wiki/2016:_Obama%27s_America" title="2016: Obama&#39;s America">2016: Obama's America</a></i> (2012)</span></li> <li><span class="nowrap"><i><a href="/wiki/The_Road_We%27ve_Traveled" title="The Road We&#39;ve Traveled">The Road We've Traveled</a></i> (2012)</span></li> <li><span class="nowrap"><i><a href="/wiki/Southside_with_You" title="Southside with You">Southside with You</a></i> (2016)</span></li> <li><span class="nowrap"><i><a href="/wiki/Hillary_and_Clinton" title="Hillary and Clinton">Hillary and Clinton</a></i> (2016)</span></li> <li><span class="nowrap"><i><a href="/wiki/Barry_(2016_film)" title="Barry (2016 film)">Barry</a></i> (2016)</span></li> <li><span class="nowrap"><i><a href="/wiki/America%27s_Great_Divide" title="America&#39;s Great Divide">America's Great Divide</a></i> (2020)</span></li> <li><span class="nowrap"><i><a href="/wiki/We_the_People_(2021_TV_series)" title="We the People (2021 TV series)">We the People</a></i> (2021)</span></li> <li><span class="nowrap"><i><a href="/wiki/Renegades:_Born_in_the_USA" title="Renegades: Born in the USA">Renegades: Born in the USA</a></i> (2021)</span></li> <li><span class="nowrap"><i><a href="/wiki/Obama:_In_Pursuit_of_a_More_Perfect_Union" title="Obama: In Pursuit of a More Perfect Union">Obama: In Pursuit of a More Perfect Union</a></i> (2021)</span></li> <li><span class="nowrap"><i><a href="/wiki/The_First_Lady_(American_TV_series)" title="The First Lady (American TV series)">The First Lady</a></i> (2022)</span></li> <li><span class="nowrap"><i><a href="/wiki/Picturing_the_Obamas" title="Picturing the Obamas">Picturing the Obamas</a></i> (2022)</span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Category:Images_of_Barack_Obama" title="Category:Images of Barack Obama">Other media</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Social_media_use_by_Barack_Obama" title="Social media use by Barack Obama">Social media use</a></span></li> <li><span class="nowrap"><a href="/wiki/Artists_for_Obama" title="Artists for Obama">Artists for Obama</a></span></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_%22Hope%22_poster" title="Barack Obama &quot;Hope&quot; poster">"Hope" poster</a></span></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_%22Joker%22_poster" title="Barack Obama &quot;Joker&quot; poster">"Joker" poster</a></span></li> <li><span class="nowrap"><a href="/wiki/Hair_Like_Mine" title="Hair Like Mine"><i>Hair Like Mine</i></a></span></li> <li><span class="nowrap"><a href="/wiki/Situation_Room_(photograph)" title="Situation Room (photograph)"><i>Situation Room</i></a></span></li> <li><span class="nowrap"><a href="/wiki/Iman_Crosson" title="Iman Crosson">Iman Crosson</a></span></li> <li><span class="nowrap"><i><a href="/wiki/The_Forgotten_Man_(painting)" title="The Forgotten Man (painting)">The Forgotten Man</a></i> (2010 painting)</span></li> <li><span class="nowrap"><i><a href="/wiki/President_Barack_Obama_(painting)" title="President Barack Obama (painting)">President Barack Obama</a></i> (2018 portrait)</span></li> <li><span class="nowrap"><a href="/wiki/Obama_logo" title="Obama logo">Obama logo</a></span></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_in_comics" title="Barack Obama in comics">In comics</a></span></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama%27s_summer_playlist" title="Barack Obama&#39;s summer playlist">Barack Obama's summer playlist</a></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Related</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Barack_Obama_Day" title="Barack Obama Day">Barack Obama Day (Illinois)</a></span></li> <li><span class="nowrap"><a href="/wiki/Obama_Day" class="mw-redirect" title="Obama Day">Obama Day (Kenya)</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_honors_and_awards_received_by_Barack_Obama" class="mw-redirect" title="List of honors and awards received by Barack Obama">Awards and honors</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_things_named_after_Barack_Obama" title="List of things named after Barack Obama">Namesakes</a></span></li> <li><span class="nowrap"><a href="/wiki/Higher_Ground_Productions" title="Higher Ground Productions">Higher Ground Productions</a></span></li> <li><span class="nowrap">"<a href="/wiki/One_Last_Time_(Hamilton_song)#Remix" title="One Last Time (Hamilton song)">One Last Time (44 Remix)</a>"</span></li> <li><span class="nowrap"><a href="/wiki/Sunlight_before_signing" title="Sunlight before signing">Sunlight before signing</a></span></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><td class="navbox-abovebelow" colspan="2"><div> <ul><li><span class="nowrap"><b><a href="/wiki/George_W._Bush" title="George W. Bush">← George W. Bush</a></b></span></li> <li><span class="nowrap"><b><a href="/wiki/Donald_Trump" title="Donald Trump">Donald Trump →</a></b></span></li></ul> <ul><li><span class="nowrap"><b><span class="noviewer" typeof="mw:File"><span title="Category"><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/16px-Symbol_category_class.svg.png" decoding="async" width="16" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/23px-Symbol_category_class.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/31px-Symbol_category_class.svg.png 2x" data-file-width="180" data-file-height="185" /></span></span> <a href="/wiki/Category:Barack_Obama" title="Category:Barack Obama">Category</a></b></span></li></ul> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"></div><div role="navigation" class="navbox" aria-labelledby="Barack_Obama" style="padding:3px"><table class="nowraplinks hlist mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Barack_Obama" title="Template:Barack Obama"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Barack_Obama" title="Template talk:Barack Obama"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Barack_Obama" title="Special:EditPage/Template:Barack Obama"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Barack_Obama" style="font-size:114%;margin:0 4em"><a href="/wiki/Barack_Obama" title="Barack Obama">Barack Obama</a></div></th></tr><tr><td class="navbox-abovebelow" colspan="2"><div> <ul><li><span class="nowrap"><a href="/wiki/List_of_presidents_of_the_United_States" title="List of presidents of the United States">44th</a> <a href="/wiki/President_of_the_United_States" title="President of the United States">President of the United States</a> (2009–2017)</span></li> <li><span class="nowrap"><a href="/wiki/United_States_Senate" title="United States Senate">U.S. Senator</a> <a href="/wiki/List_of_United_States_senators_from_Illinois" title="List of United States senators from Illinois">from Illinois</a> (2005–2008)</span></li> <li><span class="nowrap"><a href="/wiki/Illinois_Senate" title="Illinois Senate">Illinois Senator</a> from the 13th district (1997–2004)</span></li></ul> </div></td></tr><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Life and<br />politics</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Early_life_and_career_of_Barack_Obama" title="Early life and career of Barack Obama">Early life and career</a></span></li> <li><span class="nowrap"><a href="/wiki/Illinois_Senate_career_of_Barack_Obama" title="Illinois Senate career of Barack Obama">Illinois Senate career</a></span></li> <li><span class="nowrap"><a href="/wiki/2004_Democratic_National_Convention" title="2004 Democratic National Convention">2004 Democratic National Convention</a></span></li> <li><span class="nowrap"><a href="/wiki/United_States_Senate_career_of_Barack_Obama" class="mw-redirect" title="United States Senate career of Barack Obama">U.S. Senate career</a></span></li> <li><span class="nowrap"><a href="/wiki/Political_positions_of_Barack_Obama" title="Political positions of Barack Obama">Political positions</a></span> <ul><li><span class="nowrap"><a href="/wiki/Foreign_policy_of_the_Barack_Obama_administration" title="Foreign policy of the Barack Obama administration">Administration foreign policy</a></span></li> <li><span class="nowrap"><a href="/wiki/Cannabis_policy_of_the_Barack_Obama_administration" title="Cannabis policy of the Barack Obama administration">Cannabis</a></span></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_on_mass_surveillance" title="Barack Obama on mass surveillance">Mass surveillance</a></span></li> <li><span class="nowrap"><a href="/wiki/Social_policy_of_the_Barack_Obama_administration" title="Social policy of the Barack Obama administration">Social</a></span></li> <li><span class="nowrap"><a href="/wiki/Space_policy_of_the_Barack_Obama_administration" title="Space policy of the Barack Obama administration">Space</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/2009_Nobel_Peace_Prize" title="2009 Nobel Peace Prize">Nobel Peace Prize</a></span></li> <li><span class="nowrap"><a href="/wiki/West_Wing_Week" title="West Wing Week">West Wing Week</a></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Presidency_of_Barack_Obama" title="Presidency of Barack Obama">Presidency</a><br />(<a href="/wiki/Timeline_of_the_Barack_Obama_presidency" title="Timeline of the Barack Obama presidency">timeline</a>)</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Presidential_transition_of_Barack_Obama" title="Presidential transition of Barack Obama">Transition</a></span></li> <li><span class="nowrap"><a href="/wiki/First_inauguration_of_Barack_Obama" title="First inauguration of Barack Obama">2009 inauguration</a></span></li> <li><span class="nowrap"><a href="/wiki/Second_inauguration_of_Barack_Obama" title="Second inauguration of Barack Obama">2013 inauguration</a></span></li> <li><span class="nowrap"><a href="/wiki/First_100_days_of_the_Barack_Obama_presidency" title="First 100 days of the Barack Obama presidency">First 100 days</a></span></li> <li><span class="nowrap"><a href="/wiki/Timeline_of_the_Barack_Obama_presidency" title="Timeline of the Barack Obama presidency">Timeline</a></span> <ul><li><span class="nowrap"><a href="/wiki/Timeline_of_the_Barack_Obama_presidency_(2009)" title="Timeline of the Barack Obama presidency (2009)">2009</a></span></li> <li><span class="nowrap"><a href="/wiki/Timeline_of_the_Barack_Obama_presidency_(2010)" title="Timeline of the Barack Obama presidency (2010)">2010</a></span></li> <li><span class="nowrap"><a href="/wiki/Timeline_of_the_Barack_Obama_presidency_(2011)" title="Timeline of the Barack Obama presidency (2011)">2011</a></span></li> <li><span class="nowrap"><a href="/wiki/Timeline_of_the_Barack_Obama_presidency_(2012)" title="Timeline of the Barack Obama presidency (2012)">2012</a></span></li> <li><span class="nowrap"><a href="/wiki/Timeline_of_the_Barack_Obama_presidency_(2013)" title="Timeline of the Barack Obama presidency (2013)">2013</a></span></li> <li><span class="nowrap"><a href="/wiki/Timeline_of_the_Barack_Obama_presidency_(2014)" title="Timeline of the Barack Obama presidency (2014)">2014</a></span></li> <li><span class="nowrap"><a href="/wiki/Timeline_of_the_Barack_Obama_presidency_(2015)" title="Timeline of the Barack Obama presidency (2015)">2015</a></span></li> <li><span class="nowrap"><a href="/wiki/Timeline_of_the_Barack_Obama_presidency_(2016%E2%80%932017)" title="Timeline of the Barack Obama presidency (2016–2017)">2016</a></span></li> <li><span class="nowrap"><a href="/wiki/Timeline_of_the_Barack_Obama_presidency_(2016%E2%80%932017)#January_2017" title="Timeline of the Barack Obama presidency (2016–2017)">January 2017</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/Foreign_policy_of_the_Barack_Obama_administration" title="Foreign policy of the Barack Obama administration">Foreign policy</a></span> <ul><li><span class="nowrap"><a href="/wiki/Middle_Eastern_foreign_policy_of_the_Barack_Obama_administration" title="Middle Eastern foreign policy of the Barack Obama administration">Middle East</a></span></li> <li><span class="nowrap"><a href="/wiki/War_in_Afghanistan_(2001%E2%80%932021)#Reassessment_and_renewed_commitment_from_2008" title="War in Afghanistan (2001–2021)">War in Afghanistan</a></span></li> <li><span class="nowrap"><a href="/wiki/Withdrawal_of_United_States_troops_from_Iraq_(2007%E2%80%932011)" title="Withdrawal of United States troops from Iraq (2007–2011)">Iraq withdrawal</a></span></li> <li><span class="nowrap"><a href="/wiki/Killing_of_Osama_bin_Laden" title="Killing of Osama bin Laden">Killing of Osama bin Laden</a></span></li> <li><span class="nowrap"><a href="/wiki/2012_Benghazi_attack" title="2012 Benghazi attack">Benghazi attack</a></span></li> <li><span class="nowrap"><a href="/wiki/US-led_intervention_in_Iraq_(2014%E2%80%932021)" title="US-led intervention in Iraq (2014–2021)">Return to Iraq</a></span></li> <li><span class="nowrap"><a href="/wiki/US_intervention_in_the_Syrian_civil_war" title="US intervention in the Syrian civil war">War in Syria</a></span></li> <li><span class="nowrap"><a href="/wiki/Joint_Comprehensive_Plan_of_Action" title="Joint Comprehensive Plan of Action">Iran nuclear deal</a></span></li> <li><span class="nowrap"><a href="/wiki/East_Asian_foreign_policy_of_the_Barack_Obama_administration" title="East Asian foreign policy of the Barack Obama administration">Pivot to Asia</a></span></li> <li><span class="nowrap"><a href="/wiki/Cuban_thaw" title="Cuban thaw">Cuban thaw</a></span></li> <li><span class="nowrap"><a href="/wiki/Obama_Doctrine" title="Obama Doctrine">Obama Doctrine</a></span></li> <li><span class="nowrap"><a href="/wiki/European_foreign_policy_of_the_Barack_Obama_administration" title="European foreign policy of the Barack Obama administration">Europe</a></span></li></ul></li> <li><span class="nowrap"><a class="mw-selflink selflink">Economic policy</a></span> <ul><li><span class="nowrap"><a href="/wiki/Affordable_Care_Act" title="Affordable Care Act">Affordable Care Act</a></span></li> <li><span class="nowrap"><a href="/wiki/American_Recovery_and_Reinvestment_Act_of_2009" title="American Recovery and Reinvestment Act of 2009">American Recovery and Reinvestment Act of 2009</a></span></li> <li><span class="nowrap"><a href="/wiki/Dodd%E2%80%93Frank_Wall_Street_Reform_and_Consumer_Protection_Act" title="Dodd–Frank Wall Street Reform and Consumer Protection Act">Dodd–Frank Act</a></span></li> <li><span class="nowrap"><a href="/wiki/Lilly_Ledbetter_Fair_Pay_Act_of_2009" title="Lilly Ledbetter Fair Pay Act of 2009">Lilly Ledbetter Fair Pay Act of 2009</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/Energy_policy_of_the_Barack_Obama_administration" title="Energy policy of the Barack Obama administration">Energy</a>/Environmental</span> <ul><li><span class="nowrap"><a href="/wiki/Frank_R._Lautenberg_Chemical_Safety_for_the_21st_Century_Act" title="Frank R. Lautenberg Chemical Safety for the 21st Century Act">Lautenberg Chemical Safety Act</a></span></li> <li><span class="nowrap"><a href="/wiki/Marine_policy_of_the_Barack_Obama_administration" title="Marine policy of the Barack Obama administration">Marine policy</a></span></li> <li><span class="nowrap"><a href="/wiki/New_Energy_for_America" title="New Energy for America">New Energy for America</a></span></li> <li><span class="nowrap"><a href="/wiki/Regulation_of_greenhouse_gases_under_the_Clean_Air_Act" title="Regulation of greenhouse gases under the Clean Air Act">Regulation of greenhouse gases under the Clean Air Act</a></span></li> <li><span class="nowrap"><a href="/wiki/Clean_Power_Plan" title="Clean Power Plan">Clean Power Plan</a></span></li> <li><span class="nowrap"><a href="/wiki/Clean_Water_Act" title="Clean Water Act">Water Infrastructure Finance and Innovation Act of 2014</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/Healthy,_Hunger-Free_Kids_Act_of_2010" title="Healthy, Hunger-Free Kids Act of 2010">Healthy, Hunger-Free Kids Act</a></span></li> <li><span class="nowrap"><a href="/wiki/New_START" title="New START">New START</a></span></li> <li><span class="nowrap"><a href="/wiki/Moving_Ahead_for_Progress_in_the_21st_Century_Act" title="Moving Ahead for Progress in the 21st Century Act">MAP-21st Century Act</a></span></li> <li><span class="nowrap"><a href="/wiki/Fixing_America%27s_Surface_Transportation_Act" title="Fixing America&#39;s Surface Transportation Act">FAST Act</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_people_granted_executive_clemency_by_Barack_Obama" title="List of people granted executive clemency by Barack Obama">Pardons</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_presidential_trips_made_by_Barack_Obama" title="List of presidential trips made by Barack Obama">Presidential trips</a></span> <ul><li><span class="nowrap"><a href="/wiki/List_of_presidential_trips_made_by_Barack_Obama_(2009)" title="List of presidential trips made by Barack Obama (2009)">2009</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_presidential_trips_made_by_Barack_Obama_(2010)" title="List of presidential trips made by Barack Obama (2010)">2010</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_presidential_trips_made_by_Barack_Obama_(2011)" title="List of presidential trips made by Barack Obama (2011)">2011</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_presidential_trips_made_by_Barack_Obama_(2012)" title="List of presidential trips made by Barack Obama (2012)">2012</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_presidential_trips_made_by_Barack_Obama_(2013)" title="List of presidential trips made by Barack Obama (2013)">2013</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_presidential_trips_made_by_Barack_Obama_(2014)" title="List of presidential trips made by Barack Obama (2014)">2014</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_presidential_trips_made_by_Barack_Obama_(2015)" title="List of presidential trips made by Barack Obama (2015)">2015</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_presidential_trips_made_by_Barack_Obama_(2016%E2%80%932017)" class="mw-redirect" title="List of presidential trips made by Barack Obama (2016–2017)">2016–17</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/List_of_international_presidential_trips_made_by_Barack_Obama" title="List of international presidential trips made by Barack Obama">international</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_federal_judges_appointed_by_Barack_Obama" title="List of federal judges appointed by Barack Obama">Judicial appointments</a></span> <ul><li><span class="nowrap"><a href="/wiki/Barack_Obama_Supreme_Court_candidates" title="Barack Obama Supreme Court candidates">Supreme Court</a></span> <ul><li><span class="nowrap"><a href="/wiki/Sonia_Sotomayor_Supreme_Court_nomination" title="Sonia Sotomayor Supreme Court nomination">Sotomayor</a></span></li> <li><span class="nowrap"><a href="/wiki/Elena_Kagan_Supreme_Court_nomination" title="Elena Kagan Supreme Court nomination">Kagan</a></span></li> <li><span class="nowrap"><a href="/wiki/Merrick_Garland_Supreme_Court_nomination" title="Merrick Garland Supreme Court nomination">Garland</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_judicial_appointment_controversies" title="Barack Obama judicial appointment controversies">controversies</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/Cabinet_of_Barack_Obama" title="Cabinet of Barack Obama">Cabinet</a></span></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_Presidential_Center" title="Barack Obama Presidential Center">Presidential Library and Center</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_executive_actions_by_Barack_Obama" title="List of executive actions by Barack Obama">Executive actions</a></span> <ul><li><span class="nowrap"><a href="https://en.wikisource.org/wiki/Author:Barack_Hussein_Obama/Executive_orders" class="extiw" title="wikisource:Author:Barack Hussein Obama/Executive orders">Executive orders</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_presidential_memoranda_by_Barack_Obama" title="List of presidential memoranda by Barack Obama">Memoranda</a></span></li> <li><span class="nowrap"><a href="https://en.wikisource.org/wiki/Author:Barack_Obama/Presidential_Proclamations" class="extiw" title="wikisource:Author:Barack Obama/Presidential Proclamations">Proclamations</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/First_presidential_transition_of_Donald_Trump" title="First presidential transition of Donald Trump">Trump transition</a></span></li> <li><span class="nowrap"><a href="/wiki/Plantation_Estate" title="Plantation Estate">Plantation Estate</a></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Category:Books_by_Barack_Obama" title="Category:Books by Barack Obama">Books</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Dreams_from_My_Father" title="Dreams from My Father"><i>Dreams from My Father</i> (1995)</a></span></li> <li><span class="nowrap"><a href="/wiki/The_Audacity_of_Hope" title="The Audacity of Hope"><i>The Audacity of Hope</i> (2006)</a></span></li> <li><span class="nowrap"><a href="/wiki/Of_Thee_I_Sing_(book)" title="Of Thee I Sing (book)"><i>Of Thee I Sing</i> (2010)</a></span></li> <li><span class="nowrap"><a href="/wiki/A_Promised_Land" title="A Promised Land"><i>A Promised Land</i> (2020)</a></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Speeches_of_Barack_Obama" title="Speeches of Barack Obama">Speeches</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap">"<a href="/wiki/2004_Democratic_National_Convention_keynote_address" title="2004 Democratic National Convention keynote address">The Audacity of Hope</a>" (2004)</span></li> <li><span class="nowrap">"<a href="https://en.wikisource.org/wiki/Remarks_of_Senator_Barack_Obama_on_New_Hampshire_Primary_Night" class="extiw" title="s:Remarks of Senator Barack Obama on New Hampshire Primary Night">Yes We Can</a>" (2008)</span></li> <li><span class="nowrap">"<a href="/wiki/A_More_Perfect_Union_(speech)" title="A More Perfect Union (speech)">A More Perfect Union</a>" (2008)</span></li> <li><span class="nowrap">"<a href="/wiki/Barack_Obama_2008_presidential_election_victory_speech" title="Barack Obama 2008 presidential election victory speech">Change Has Come to America</a>" (2008)</span></li> <li><span class="nowrap">"<a href="/wiki/First_inauguration_of_Barack_Obama#Ceremony:_&quot;A_New_Birth_of_Freedom&quot;" title="First inauguration of Barack Obama">A New Birth of Freedom</a>" (2009)</span></li> <li><span class="nowrap"><a href="/wiki/February_2009_Barack_Obama_speech_to_a_joint_session_of_Congress" title="February 2009 Barack Obama speech to a joint session of Congress">Joint session of Congress</a> (2009)</span></li> <li><span class="nowrap">"<a href="/wiki/A_New_Beginning_(speech)" title="A New Beginning (speech)">A New Beginning</a>" (2009)</span></li> <li><span class="nowrap"><a href="/wiki/September_2009_Barack_Obama_speech_to_a_joint_session_of_Congress" title="September 2009 Barack Obama speech to a joint session of Congress">Joint session of Congress (health care reform)</a> (2009)</span></li> <li><span class="nowrap"><a href="/wiki/State_of_the_Union" title="State of the Union">State of the Union Address</a></span> <ul><li><span class="nowrap"><a href="/wiki/2010_State_of_the_Union_Address" title="2010 State of the Union Address">2010</a></span></li> <li><span class="nowrap"><a href="/wiki/2011_State_of_the_Union_Address" title="2011 State of the Union Address">2011</a></span></li> <li><span class="nowrap"><a href="/wiki/2012_State_of_the_Union_Address" title="2012 State of the Union Address">2012</a></span></li> <li><span class="nowrap"><a href="/wiki/2013_State_of_the_Union_Address" title="2013 State of the Union Address">2013</a></span></li> <li><span class="nowrap"><a href="/wiki/2014_State_of_the_Union_Address" title="2014 State of the Union Address">2014</a></span></li> <li><span class="nowrap"><a href="/wiki/2015_State_of_the_Union_Address" title="2015 State of the Union Address">2015</a></span></li> <li><span class="nowrap"><a href="/wiki/2016_State_of_the_Union_Address" title="2016 State of the Union Address">2016</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_Tucson_memorial_speech" title="Barack Obama Tucson memorial speech">Tucson memorial speech</a> (2011)</span></li> <li><span class="nowrap"><a href="/wiki/American_Jobs_Act" title="American Jobs Act">Joint session of Congress (jobs)</a> (2011)</span></li> <li><span class="nowrap">"<a href="/wiki/You_didn%27t_build_that" title="You didn&#39;t build that">You didn't build that</a>" (2012)</span></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_Selma_50th_anniversary_speech" title="Barack Obama Selma 50th anniversary speech">Selma 50th anniversary</a> (2015)</span></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama%27s_farewell_address" title="Barack Obama&#39;s farewell address">Farewell address</a> (2017)</span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Electoral_history_of_Barack_Obama" title="Electoral history of Barack Obama">Elections</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Illinois</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Illinois_Senate_elections_of_Barack_Obama" title="Illinois Senate elections of Barack Obama">State Senate</a></span> <ul><li><span class="nowrap"><a href="/wiki/Illinois_Senate_elections_of_Barack_Obama#First_state_Senate_election,_1996" title="Illinois Senate elections of Barack Obama">1996</a></span></li> <li><span class="nowrap"><a href="/wiki/Illinois_Senate_elections_of_Barack_Obama#Second_state_Senate_election,_1998" title="Illinois Senate elections of Barack Obama">1998</a></span></li> <li><span class="nowrap"><a href="/wiki/Illinois_Senate_elections_of_Barack_Obama#Third_state_Senate_election,_2002" title="Illinois Senate elections of Barack Obama">2002</a></span></li></ul></li> <li><span class="nowrap">U.S. House of Representatives</span> <ul><li><span class="nowrap"><a href="/wiki/2000_Illinois%27s_1st_congressional_district_election" title="2000 Illinois&#39;s 1st congressional district election">2000</a></span></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">U.S. Senate</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/2004_United_States_Senate_election_in_Illinois" title="2004 United States Senate election in Illinois">2004</a></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Presidential</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Barack_Obama_2008_presidential_campaign" title="Barack Obama 2008 presidential campaign">2008 campaign</a></span> <ul><li><span class="nowrap"><a href="/wiki/List_of_Barack_Obama_2008_presidential_campaign_endorsements" title="List of Barack Obama 2008 presidential campaign endorsements">endorsements</a></span> <ul><li><span class="nowrap"><a href="/wiki/Republican_and_conservative_support_for_Barack_Obama_in_2008" title="Republican and conservative support for Barack Obama in 2008">GOP/conservative support</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/List_of_Barack_Obama_2008_presidential_campaign_staff_members" title="List of Barack Obama 2008 presidential campaign staff members">staff members</a></span></li> <li><span class="nowrap"><a href="/wiki/2008_Democratic_Party_presidential_primaries" title="2008 Democratic Party presidential primaries">primaries</a></span> <ul><li><span class="nowrap"><a href="/wiki/Barack_Obama_2008_presidential_primary_campaign" title="Barack Obama 2008 presidential primary campaign">primary campaign</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/2008_Democratic_Party_vice_presidential_candidate_selection" title="2008 Democratic Party vice presidential candidate selection">running mate selection</a></span></li> <li><span class="nowrap"><a href="/wiki/2008_Democratic_National_Convention" title="2008 Democratic National Convention">convention</a></span></li> <li><span class="nowrap"><a href="/wiki/2008_United_States_presidential_debates" title="2008 United States presidential debates">debates</a></span></li> <li><span class="nowrap"><a href="/wiki/2008_United_States_presidential_election" title="2008 United States presidential election">election</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_2012_presidential_campaign" title="Barack Obama 2012 presidential campaign">2012 campaign</a></span> <ul><li><span class="nowrap"><a href="/wiki/List_of_Barack_Obama_2012_presidential_campaign_endorsements" title="List of Barack Obama 2012 presidential campaign endorsements">endorsements</a></span></li> <li><span class="nowrap"><a href="/wiki/2012_Democratic_Party_presidential_primaries" title="2012 Democratic Party presidential primaries">primaries</a></span></li> <li><span class="nowrap"><a href="/wiki/2012_Democratic_National_Convention" title="2012 Democratic National Convention">convention</a></span></li> <li><span class="nowrap"><a href="/wiki/2012_United_States_presidential_debates" title="2012 United States presidential debates">debates</a></span></li> <li><span class="nowrap"><a href="/wiki/2012_United_States_presidential_election" title="2012 United States presidential election">election</a></span></li></ul></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Family_of_Barack_Obama" title="Family of Barack Obama">Family</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Michelle_Obama" title="Michelle Obama">Michelle Obama</a> (wife)</span></li> <li><span class="nowrap"><a href="/wiki/Ann_Dunham" title="Ann Dunham">Ann Dunham</a> (mother)</span></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_Sr." title="Barack Obama Sr.">Barack Obama Sr.</a> (father)</span></li> <li><span class="nowrap"><a href="/wiki/Lolo_Soetoro" title="Lolo Soetoro">Lolo Soetoro</a> (stepfather)</span></li> <li><span class="nowrap"><a href="/wiki/Maya_Soetoro-Ng" title="Maya Soetoro-Ng">Maya Soetoro-Ng</a> (maternal half-sister)</span></li> <li><span class="nowrap"><a href="/wiki/Stanley_Armour_Dunham" title="Stanley Armour Dunham">Stanley Armour Dunham</a> (maternal grandfather)</span></li> <li><span class="nowrap"><a href="/wiki/Madelyn_Dunham" title="Madelyn Dunham">Madelyn Dunham</a> (maternal grandmother)</span></li> <li><span class="nowrap"><a href="/wiki/Auma_Obama" title="Auma Obama">Auma Obama</a> (paternal half-sister)</span></li> <li><span class="nowrap"><a href="/wiki/Malik_Obama" title="Malik Obama">Malik Obama</a> (paternal half-brother)</span></li> <li><span class="nowrap"><a href="/wiki/Marian_Robinson" title="Marian Robinson">Marian Robinson</a> (mother-in-law)</span></li> <li><span class="nowrap"><a href="/wiki/Craig_Robinson_(basketball)" title="Craig Robinson (basketball)">Craig Robinson</a> (brother-in-law)</span></li> <li><span class="nowrap"><a href="/wiki/Bo_(dog)" title="Bo (dog)">Bo</a> (family dog)</span></li> <li><span class="nowrap"><a href="/wiki/Sunny_(dog)" title="Sunny (dog)">Sunny</a> (family dog)</span></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks mw-collapsible expanded navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Barack_Obama" title="Template:Barack Obama"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Barack_Obama" title="Template talk:Barack Obama"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Barack_Obama" title="Special:EditPage/Template:Barack Obama"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Public_image" style="font-size:114%;margin:0 4em"><a href="/wiki/Public_image_of_Barack_Obama" title="Public image of Barack Obama">Public image</a></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%">News and <br /> political events</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Oprah_Winfrey%27s_endorsement_of_Barack_Obama" title="Oprah Winfrey&#39;s endorsement of Barack Obama">Oprah Winfrey's endorsement</a></span></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_citizenship_conspiracy_theories" title="Barack Obama citizenship conspiracy theories">Citizenship conspiracy theories</a></span> <ul><li><span class="nowrap"><a href="/wiki/Barack_Obama_presidential_eligibility_litigation" title="Barack Obama presidential eligibility litigation">litigation</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_religion_conspiracy_theories" title="Barack Obama religion conspiracy theories">Religion conspiracy theories</a></span></li> <li><span class="nowrap"><a href="/wiki/Bill_Ayers_2008_presidential_election_controversy" title="Bill Ayers 2008 presidential election controversy">Bill Ayers controversy</a></span></li> <li><span class="nowrap"><a href="/wiki/Jeremiah_Wright_controversy" title="Jeremiah Wright controversy">Jeremiah Wright controversy</a></span></li> <li><span class="nowrap"><a href="/wiki/Republican_and_conservative_support_for_Barack_Obama_in_2008" title="Republican and conservative support for Barack Obama in 2008">Republican and conservative support (2008)</a></span></li> <li><span class="nowrap"><a href="/wiki/Security_incidents_involving_Barack_Obama" title="Security incidents involving Barack Obama">Assassination threats</a></span> <ul><li><span class="nowrap"><a href="/wiki/Barack_Obama_assassination_plot_in_Denver" title="Barack Obama assassination plot in Denver">2008 Denver</a></span></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_assassination_plot_in_Tennessee" title="Barack Obama assassination plot in Tennessee">2008 Tennessee</a></span></li></ul></li> <li><span class="nowrap"><a href="/wiki/Invitations_to_the_first_inauguration_of_Barack_Obama" title="Invitations to the first inauguration of Barack Obama">First inauguration invitations</a></span></li> <li><span class="nowrap"><a href="/wiki/We_Are_One:_The_Obama_Inaugural_Celebration_at_the_Lincoln_Memorial" title="We Are One: The Obama Inaugural Celebration at the Lincoln Memorial">Inaugural Celebration at the Lincoln Memorial</a></span></li> <li><span class="nowrap"><i><a href="/wiki/Citizen%27s_Briefing_Book" title="Citizen&#39;s Briefing Book">Citizen's Briefing Book</a></i></span></li> <li><span class="nowrap"><a href="/wiki/Tea_Party_protests" title="Tea Party protests">Tea Party protests</a></span></li> <li><span class="nowrap"><a href="/wiki/New_Energy_for_America" title="New Energy for America">New Energy for America</a></span></li> <li><span class="nowrap"><a href="/wiki/Henry_Louis_Gates_arrest_controversy#Presidential_involvement" title="Henry Louis Gates arrest controversy">Gates–Crowley Rose Garden meeting</a></span></li> <li><span class="nowrap"><a href="/wiki/Firing_of_Shirley_Sherrod" title="Firing of Shirley Sherrod">Firing of Shirley Sherrod</a></span></li> <li><span class="nowrap"><a href="/wiki/Efforts_to_impeach_Barack_Obama" title="Efforts to impeach Barack Obama">Impeachment efforts</a></span></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_tan_suit_controversy" title="Barack Obama tan suit controversy">Tan suit controversy</a></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Category:Books_about_Barack_Obama" title="Category:Books about Barack Obama">Books about</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Bibliography_of_Barack_Obama" title="Bibliography of Barack Obama">Bibliography</a></span></li> <li><span class="nowrap"><i><a href="/wiki/Obama:_From_Promise_to_Power" title="Obama: From Promise to Power">Obama: From Promise to Power</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Barack_Obama:_Der_schwarze_Kennedy" title="Barack Obama: Der schwarze Kennedy">Barack Obama: Der schwarze Kennedy</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Redemption_Song_(Stanage_book)" title="Redemption Song (Stanage book)">Redemption Song</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/The_Case_Against_Barack_Obama" title="The Case Against Barack Obama">The Case Against Barack Obama</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/The_Obama_Nation" title="The Obama Nation">The Obama Nation</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Culture_of_Corruption" title="Culture of Corruption">Culture of Corruption</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Catastrophe_(Morris_and_McGann_book)" title="Catastrophe (Morris and McGann book)">Catastrophe</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Barack_and_Michelle" title="Barack and Michelle">Barack and Michelle</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/The_Speech_(Sharpley-Whiting_book)" title="The Speech (Sharpley-Whiting book)">The Speech</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/The_Obama_Story" title="The Obama Story">The Obama Story</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Between_Barack_and_a_Hard_Place" title="Between Barack and a Hard Place">Between Barack and a Hard Place</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Game_Change" title="Game Change">Game Change</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Obama_Zombies" title="Obama Zombies">Obama Zombies</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Conservative_Victory" title="Conservative Victory">Conservative Victory</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/The_Bridge:_The_Life_and_Rise_of_Barack_Obama" title="The Bridge: The Life and Rise of Barack Obama">The Bridge</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/The_Obama_Diaries" title="The Obama Diaries">The Obama Diaries</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/The_Obama_Syndrome" title="The Obama Syndrome">The Obama Syndrome</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/The_Obama_Identity" title="The Obama Identity">The Obama Identity</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/O:_A_Presidential_Novel" title="O: A Presidential Novel">O: A Presidential Novel</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Where%27s_the_Birth_Certificate%3F" title="Where&#39;s the Birth Certificate?">Where's the Birth Certificate?</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Obama%27s_Last_Stand" title="Obama&#39;s Last Stand">Obama's Last Stand</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Barack_Obama:_The_Story" title="Barack Obama: The Story">Barack Obama: The Story</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Double_Down:_Game_Change_2012" title="Double Down: Game Change 2012"> Game Change 2012</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Buyer%27s_Remorse_(book)" title="Buyer&#39;s Remorse (book)">Buyer's Remorse</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Rising_Star_(book)" title="Rising Star (book)">Rising Star</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Shade:_A_Tale_of_Two_Presidents" title="Shade: A Tale of Two Presidents">Shade</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/The_World_as_It_Is_(book)" title="The World as It Is (book)">The World as It Is</a></i></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Music</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Amber_Lee_Ettinger" title="Amber Lee Ettinger">Obama Girl</a></span> <ul><li><span class="nowrap">"<a href="/wiki/Crush_on_Obama" title="Crush on Obama">I Got a Crush... on Obama</a>"</span></li></ul></li> <li><span class="nowrap">"<a href="/wiki/Magical_Negro#Barack_Obama" title="Magical Negro">Barack the Magic Negro</a>"</span></li> <li><span class="nowrap"><a href="/wiki/Will.i.am" title="Will.i.am">will.i.am</a></span> <ul><li><span class="nowrap">"<a href="/wiki/Yes_We_Can_(will.i.am_song)" title="Yes We Can (will.i.am song)">Yes We Can</a>"</span></li></ul></li> <li><span class="nowrap">"<a href="/wiki/The_President_Sang_Amazing_Grace" title="The President Sang Amazing Grace">The President Sang Amazing Grace</a>"</span></li> <li><span class="nowrap">"<a href="/wiki/There%27s_No_One_as_Irish_as_Barack_O%27Bama" title="There&#39;s No One as Irish as Barack O&#39;Bama">There's No One as Irish as Barack O'Bama</a>"</span></li> <li><span class="nowrap">"<a href="/wiki/S%C3%AD_Se_Puede_Cambiar" title="Sí Se Puede Cambiar">Sí Se Puede Cambiar</a>"</span></li> <li><span class="nowrap">"<a href="/wiki/My_President" title="My President">My President</a>"</span></li> <li><span class="nowrap">"<a href="/wiki/Deadheads_for_Obama" title="Deadheads for Obama">Deadheads for Obama</a>"</span></li> <li><span class="nowrap">"<a href="/wiki/Air_and_Simple_Gifts" title="Air and Simple Gifts">Air and Simple Gifts</a>"</span></li> <li><span class="nowrap"><i><a href="/wiki/Change_Is_Now:_Renewing_America%27s_Promise" title="Change Is Now: Renewing America&#39;s Promise">Change Is Now</a></i></span></li> <li><span class="nowrap"><i><a href="/wiki/Hope!_%E2%80%93_Das_Obama_Musical" title="Hope! – Das Obama Musical">Hope! – Das Obama Musical</a></i></span></li> <li><span class="nowrap">"<a href="/wiki/Barack_Obama_vs._Mitt_Romney_(video)" title="Barack Obama vs. Mitt Romney (video)">Barack Obama vs. Mitt Romney</a>"</span></li> <li><span class="nowrap"><i><a href="/wiki/Baracksdubs" title="Baracksdubs">Barack's Dubs</a></i></span></li> <li><span class="nowrap">"<a href="/wiki/Signed,_Sealed,_Delivered_I%27m_Yours#Political_significance" title="Signed, Sealed, Delivered I&#39;m Yours">Signed, Sealed, Delivered I'm Yours</a>"</span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Film, TV, <br /> and stage</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><i><a href="/wiki/By_the_People:_The_Election_of_Barack_Obama" title="By the People: The Election of Barack Obama">By the People: The Election of Barack Obama</a></i> (2009)</span></li> <li><span class="nowrap"><i><a href="/wiki/Change_(film)" title="Change (film)">Change</a></i> (2010)</span></li> <li><span class="nowrap"><i><a href="/wiki/Obama_Anak_Menteng" title="Obama Anak Menteng">Obama Anak Menteng</a></i> (2010)</span></li> <li><span class="nowrap"><i><a href="/wiki/2016:_Obama%27s_America" title="2016: Obama&#39;s America">2016: Obama's America</a></i> (2012)</span></li> <li><span class="nowrap"><i><a href="/wiki/The_Road_We%27ve_Traveled" title="The Road We&#39;ve Traveled">The Road We've Traveled</a></i> (2012)</span></li> <li><span class="nowrap"><i><a href="/wiki/Southside_with_You" title="Southside with You">Southside with You</a></i> (2016)</span></li> <li><span class="nowrap"><i><a href="/wiki/Hillary_and_Clinton" title="Hillary and Clinton">Hillary and Clinton</a></i> (2016)</span></li> <li><span class="nowrap"><i><a href="/wiki/Barry_(2016_film)" title="Barry (2016 film)">Barry</a></i> (2016)</span></li> <li><span class="nowrap"><i><a href="/wiki/America%27s_Great_Divide" title="America&#39;s Great Divide">America's Great Divide</a></i> (2020)</span></li> <li><span class="nowrap"><i><a href="/wiki/We_the_People_(2021_TV_series)" title="We the People (2021 TV series)">We the People</a></i> (2021)</span></li> <li><span class="nowrap"><i><a href="/wiki/Renegades:_Born_in_the_USA" title="Renegades: Born in the USA">Renegades: Born in the USA</a></i> (2021)</span></li> <li><span class="nowrap"><i><a href="/wiki/Obama:_In_Pursuit_of_a_More_Perfect_Union" title="Obama: In Pursuit of a More Perfect Union">Obama: In Pursuit of a More Perfect Union</a></i> (2021)</span></li> <li><span class="nowrap"><i><a href="/wiki/The_First_Lady_(American_TV_series)" title="The First Lady (American TV series)">The First Lady</a></i> (2022)</span></li> <li><span class="nowrap"><i><a href="/wiki/Picturing_the_Obamas" title="Picturing the Obamas">Picturing the Obamas</a></i> (2022)</span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Category:Images_of_Barack_Obama" title="Category:Images of Barack Obama">Other media</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Social_media_use_by_Barack_Obama" title="Social media use by Barack Obama">Social media use</a></span></li> <li><span class="nowrap"><a href="/wiki/Artists_for_Obama" title="Artists for Obama">Artists for Obama</a></span></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_%22Hope%22_poster" title="Barack Obama &quot;Hope&quot; poster">"Hope" poster</a></span></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_%22Joker%22_poster" title="Barack Obama &quot;Joker&quot; poster">"Joker" poster</a></span></li> <li><span class="nowrap"><a href="/wiki/Hair_Like_Mine" title="Hair Like Mine"><i>Hair Like Mine</i></a></span></li> <li><span class="nowrap"><a href="/wiki/Situation_Room_(photograph)" title="Situation Room (photograph)"><i>Situation Room</i></a></span></li> <li><span class="nowrap"><a href="/wiki/Iman_Crosson" title="Iman Crosson">Iman Crosson</a></span></li> <li><span class="nowrap"><i><a href="/wiki/The_Forgotten_Man_(painting)" title="The Forgotten Man (painting)">The Forgotten Man</a></i> (2010 painting)</span></li> <li><span class="nowrap"><i><a href="/wiki/President_Barack_Obama_(painting)" title="President Barack Obama (painting)">President Barack Obama</a></i> (2018 portrait)</span></li> <li><span class="nowrap"><a href="/wiki/Obama_logo" title="Obama logo">Obama logo</a></span></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama_in_comics" title="Barack Obama in comics">In comics</a></span></li> <li><span class="nowrap"><a href="/wiki/Barack_Obama%27s_summer_playlist" title="Barack Obama&#39;s summer playlist">Barack Obama's summer playlist</a></span></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Related</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><span class="nowrap"><a href="/wiki/Barack_Obama_Day" title="Barack Obama Day">Barack Obama Day (Illinois)</a></span></li> <li><span class="nowrap"><a href="/wiki/Obama_Day" class="mw-redirect" title="Obama Day">Obama Day (Kenya)</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_honors_and_awards_received_by_Barack_Obama" class="mw-redirect" title="List of honors and awards received by Barack Obama">Awards and honors</a></span></li> <li><span class="nowrap"><a href="/wiki/List_of_things_named_after_Barack_Obama" title="List of things named after Barack Obama">Namesakes</a></span></li> <li><span class="nowrap"><a href="/wiki/Higher_Ground_Productions" title="Higher Ground Productions">Higher Ground Productions</a></span></li> <li><span class="nowrap">"<a href="/wiki/One_Last_Time_(Hamilton_song)#Remix" title="One Last Time (Hamilton song)">One Last Time (44 Remix)</a>"</span></li> <li><span class="nowrap"><a href="/wiki/Sunlight_before_signing" title="Sunlight before signing">Sunlight before signing</a></span></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><td class="navbox-abovebelow" colspan="2"><div> <ul><li><span class="nowrap"><b><a href="/wiki/George_W._Bush" title="George W. Bush">← George W. Bush</a></b></span></li> <li><span class="nowrap"><b><a href="/wiki/Donald_Trump" title="Donald Trump">Donald Trump →</a></b></span></li></ul> <ul><li><span class="nowrap"><b><span class="noviewer" typeof="mw:File"><span title="Category"><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/16px-Symbol_category_class.svg.png" decoding="async" width="16" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/23px-Symbol_category_class.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/31px-Symbol_category_class.svg.png 2x" data-file-width="180" data-file-height="185" /></span></span> <a href="/wiki/Category:Barack_Obama" title="Category:Barack Obama">Category</a></b></span></li></ul> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"></div><div role="navigation" class="navbox" aria-labelledby="Public_policy_of_the_United_States" style="padding:3px"><table class="nowraplinks mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:United_States_policy" title="Template:United States policy"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:United_States_policy" title="Template talk:United States policy"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:United_States_policy" title="Special:EditPage/Template:United States policy"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Public_policy_of_the_United_States" style="font-size:114%;margin:0 4em"><a href="/wiki/Public_policy_of_the_United_States" title="Public policy of the United States">Public policy of the United States</a></div></th></tr><tr><td colspan="2" class="navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Agricultural_policy_of_the_United_States" title="Agricultural policy of the United States">Agricultural</a></li> <li><a href="/wiki/Arctic_policy_of_the_United_States" title="Arctic policy of the United States">Arctic</a></li> <li><a href="/wiki/Cultural_policy_of_the_United_States" title="Cultural policy of the United States">Cultural</a></li> <li><a href="/wiki/Federal_drug_policy_of_the_United_States" title="Federal drug policy of the United States">Drug</a></li> <li><a href="/wiki/Education_policy_of_the_United_States" title="Education policy of the United States">Education</a></li> <li><a href="/wiki/Fireworks_policy_of_the_United_States" title="Fireworks policy of the United States">Fireworks</a></li> <li><a href="/wiki/Fiscal_policy_of_the_United_States" title="Fiscal policy of the United States">Fiscal</a></li> <li><a href="/wiki/Taxation_in_the_United_States" title="Taxation in the United States">Taxation</a></li> <li><a href="/wiki/Telecommunications_policy_of_the_United_States" title="Telecommunications policy of the United States">Telecommunications</a></li> <li><a href="/wiki/Foreign_trade_of_the_United_States" title="Foreign trade of the United States">Trade</a></li> <li><a href="/wiki/Transportation_policy_of_the_United_States" title="Transportation policy of the United States">Transportation</a></li> <li><a href="/wiki/Vaccination_policy_of_the_United_States" title="Vaccination policy of the United States">Vaccination</a></li> <li><a href="/wiki/Visa_policy_of_the_United_States" title="Visa policy of the United States">Visa</a></li></ul> </div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Category:United_States_domestic_policy" title="Category:United States domestic policy">Domestic</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Square_Deal" title="Square Deal">Square Deal</a></li> <li><a href="/wiki/The_New_Freedom" title="The New Freedom">New Freedom</a></li> <li><a href="/wiki/New_Deal" title="New Deal">New Deal</a></li> <li><a href="/wiki/Fair_Deal" title="Fair Deal">Fair Deal</a></li> <li><a href="/wiki/New_Frontier" title="New Frontier">New Frontier</a></li> <li><a href="/wiki/Great_Society" title="Great Society">Great Society</a>/<a href="/wiki/War_on_poverty" title="War on poverty">War on Poverty</a></li> <li><a href="/wiki/Domestic_policy_of_the_Ronald_Reagan_administration" title="Domestic policy of the Ronald Reagan administration">Reagan</a></li> <li><a href="/wiki/Domestic_policy_of_the_George_W._Bush_administration" title="Domestic policy of the George W. Bush administration">G. W. Bush</a></li> <li><a href="/wiki/Domestic_policy_of_the_Barack_Obama_administration" class="mw-redirect" title="Domestic policy of the Barack Obama administration">Obama</a></li> <li><a href="/wiki/First_presidency_of_Donald_Trump##Energy" title="First presidency of Donald Trump">Trump</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Category:United_States_economic_policy" title="Category:United States economic policy">Economic</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Monetary_policy_of_the_United_States" title="Monetary policy of the United States">Monetary</a> <ul><li><a href="/wiki/History_of_monetary_policy_in_the_United_States" title="History of monetary policy in the United States">history</a></li></ul></li></ul> </div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th id="By_Presidency" scope="row" class="navbox-group" style="width:1%">By Presidency</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Nixonomics" title="Nixonomics">Nixon</a></li> <li><a href="/wiki/Reaganomics" title="Reaganomics">Reagan</a></li> <li><a href="/wiki/Economic_policy_of_the_Bill_Clinton_administration" title="Economic policy of the Bill Clinton administration">Clinton</a></li> <li><a href="/wiki/Economic_policy_of_the_George_W._Bush_administration" title="Economic policy of the George W. Bush administration">G. W. Bush</a></li> <li><a class="mw-selflink selflink">Obama</a></li> <li><a href="/wiki/Economic_policy_of_the_first_Donald_Trump_administration" title="Economic policy of the first Donald Trump administration">Trump</a> (1st)</li> <li><a href="/wiki/Economic_policy_of_the_Joe_Biden_administration" title="Economic policy of the Joe Biden administration">Biden</a></li></ul> </div></td></tr></tbody></table><div> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Energy_policy_of_the_United_States" title="Energy policy of the United States">Energy</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Hydropower_policy_of_the_United_States" title="Hydropower policy of the United States">Hydropower</a></li> <li><a href="/wiki/Nuclear_energy_policy_of_the_United_States" title="Nuclear energy policy of the United States">Nuclear energy</a> <ul><li><a href="/wiki/Low-level_radioactive_waste_policy_of_the_United_States" title="Low-level radioactive waste policy of the United States">Low-level radioactive waste</a></li></ul></li> <li><a href="/wiki/Smart_grid_policy_of_the_United_States" title="Smart grid policy of the United States">Smart grid</a></li></ul> </div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th id="By_Presidency" scope="row" class="navbox-group" style="width:1%">By Presidency</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Energy_policy_of_the_Barack_Obama_administration" title="Energy policy of the Barack Obama administration">Obama</a></li> <li><a href="/wiki/First_presidency_of_Donald_Trump#Energy" title="First presidency of Donald Trump">Trump</a></li></ul> </div></td></tr></tbody></table><div> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Environmental_policy_of_the_United_States" title="Environmental policy of the United States">Environmental</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Solid_waste_policy_of_the_United_States" title="Solid waste policy of the United States">Solid waste</a></li> <li><a href="/wiki/Climate_change_policy_of_the_United_States" title="Climate change policy of the United States">Climate change</a> <ul><li><a href="/wiki/Climate_change_policy_of_the_George_W._Bush_administration" title="Climate change policy of the George W. Bush administration">G. W. Bush</a></li></ul></li></ul> </div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th id="By_Presidency" scope="row" class="navbox-group" style="width:1%">By Presidency</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Environmental_policy_of_the_Barack_Obama_administration" class="mw-redirect" title="Environmental policy of the Barack Obama administration">Obama</a></li> <li><a href="/wiki/Environmental_policy_of_the_first_Donald_Trump_administration" title="Environmental policy of the first Donald Trump administration">Trump</a> (1st)</li> <li><a href="/wiki/Environmental_policy_of_the_Joe_Biden_administration" title="Environmental policy of the Joe Biden administration">Biden</a></li></ul> </div></td></tr></tbody></table><div> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Foreign_policy_of_the_United_States" title="Foreign policy of the United States">Foreign</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/History_of_United_States_foreign_policy" class="mw-redirect" title="History of United States foreign policy">History</a></li> <li><a href="/wiki/Criticism_of_United_States_foreign_policy" title="Criticism of United States foreign policy">Criticism</a></li> <li><a href="/wiki/United_States_foreign_policy_in_the_Middle_East" title="United States foreign policy in the Middle East">Middle East</a> <ul><li><a href="/wiki/Middle_Eastern_foreign_policy_of_the_Barack_Obama_administration" title="Middle Eastern foreign policy of the Barack Obama administration">Obama</a></li></ul></li></ul> </div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th id="By_Presidency" scope="row" class="navbox-group" style="width:1%">By Presidency</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Foreign_policy_of_the_Theodore_Roosevelt_administration" title="Foreign policy of the Theodore Roosevelt administration">T. Roosevelt</a></li> <li><a href="/wiki/Foreign_policy_of_the_Woodrow_Wilson_administration" title="Foreign policy of the Woodrow Wilson administration">Wilson</a></li> <li><a href="/wiki/Foreign_policy_of_Herbert_Hoover" title="Foreign policy of Herbert Hoover">Hoover</a></li> <li><a href="/wiki/Foreign_policy_of_the_Franklin_D._Roosevelt_administration" title="Foreign policy of the Franklin D. Roosevelt administration">F. D. Roosevelt</a></li> <li><a href="/wiki/Foreign_policy_of_the_Harry_S._Truman_administration" title="Foreign policy of the Harry S. Truman administration">Truman</a></li> <li><a href="/wiki/Foreign_policy_of_the_Dwight_D._Eisenhower_administration" title="Foreign policy of the Dwight D. Eisenhower administration">Eisenhower</a></li> <li><a href="/wiki/Foreign_policy_of_the_John_F._Kennedy_administration" title="Foreign policy of the John F. Kennedy administration">Kennedy</a></li> <li><a href="/wiki/Foreign_policy_of_the_Lyndon_B._Johnson_administration" title="Foreign policy of the Lyndon B. Johnson administration">L. B. Johnson</a></li> <li><a href="/wiki/Foreign_policy_of_the_Richard_Nixon_administration" title="Foreign policy of the Richard Nixon administration">Nixon</a></li> <li><a href="/wiki/Foreign_policy_of_the_Gerald_Ford_administration" title="Foreign policy of the Gerald Ford administration">Ford</a></li> <li><a href="/wiki/Foreign_policy_of_the_Jimmy_Carter_administration" title="Foreign policy of the Jimmy Carter administration">Carter</a></li> <li><a href="/wiki/Foreign_policy_of_the_Ronald_Reagan_administration" title="Foreign policy of the Ronald Reagan administration">Reagan</a></li> <li><a href="/wiki/Foreign_policy_of_the_George_H._W._Bush_administration" title="Foreign policy of the George H. W. Bush administration">G. H. W. Bush</a></li> <li><a href="/wiki/Foreign_policy_of_the_Bill_Clinton_administration" title="Foreign policy of the Bill Clinton administration">Clinton</a></li> <li><a href="/wiki/Foreign_policy_of_the_George_W._Bush_administration" title="Foreign policy of the George W. Bush administration">G. W. Bush</a></li> <li><a href="/wiki/Foreign_policy_of_the_Barack_Obama_administration" title="Foreign policy of the Barack Obama administration">Obama</a></li> <li><a href="/wiki/Foreign_policy_of_the_first_Donald_Trump_administration" title="Foreign policy of the first Donald Trump administration">Trump</a> (1st)</li> <li><a href="/wiki/Foreign_policy_of_the_Joe_Biden_administration" title="Foreign policy of the Joe Biden administration">Biden</a></li></ul> </div></td></tr></tbody></table><div> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Gun_politics_in_the_United_States" title="Gun politics in the United States">Gun control</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Gun_control_policy_of_the_Bill_Clinton_administration" title="Gun control policy of the Bill Clinton administration">Clinton</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Immigration_policy_of_the_United_States" title="Immigration policy of the United States">Immigration</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Same-sex_immigration_policy_of_the_United_States" title="Same-sex immigration policy of the United States">Same-sex immigration</a></li></ul> </div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th id="By_Presidency" scope="row" class="navbox-group" style="width:1%">By Presidency</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Immigration_policy_of_Donald_Trump" title="Immigration policy of Donald Trump">Trump</a></li> <li><a href="/wiki/Immigration_policy_of_the_Joe_Biden_administration" title="Immigration policy of the Joe Biden administration">Biden</a></li></ul> </div></td></tr></tbody></table><div> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Infrastructure_policy_of_the_United_States" title="Infrastructure policy of the United States">Infrastructure</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Infrastructure_policy_of_Donald_Trump" title="Infrastructure policy of Donald Trump">Trump</a></li> <li><a href="/wiki/Infrastructure_policy_of_the_Joe_Biden_administration" class="mw-redirect" title="Infrastructure policy of the Joe Biden administration">Biden</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Federal_Indian_Policy" title="Federal Indian Policy">Native American</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Native_American_policy_of_the_Ulysses_S._Grant_administration" title="Native American policy of the Ulysses S. Grant administration">Grant</a></li> <li><a href="/wiki/Native_American_policy_of_the_Richard_Nixon_administration" title="Native American policy of the Richard Nixon administration">Nixon</a></li> <li><a href="/wiki/Native_American_policy_of_the_Barack_Obama_administration" title="Native American policy of the Barack Obama administration">Obama</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Science_policy_of_the_United_States" title="Science policy of the United States">Science</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Genetic_policy_of_the_United_States" title="Genetic policy of the United States">Genetic</a></li> <li><a href="/wiki/Stem_cell_laws_and_policy_in_the_United_States" title="Stem cell laws and policy in the United States">Stem cell</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Social_policy_of_the_United_States" class="mw-redirect" title="Social policy of the United States">Social</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Social_policy_of_the_Barack_Obama_administration" title="Social policy of the Barack Obama administration">Obama</a></li> <li><a href="/wiki/Social_policy_of_Donald_Trump" title="Social policy of Donald Trump">Trump</a></li> <li><a href="/wiki/Social_policy_of_the_Joe_Biden_administration" title="Social policy of the Joe Biden administration">Biden</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Space_policy_of_the_United_States" title="Space policy of the United States">Space</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Space_policy_of_the_Barack_Obama_administration" title="Space policy of the Barack Obama administration">Obama</a></li> <li><a href="/wiki/Space_policy_of_the_Donald_Trump_administration" title="Space policy of the Donald Trump administration">Trump</a></li> <li><a href="/wiki/Space_policy_of_the_Joe_Biden_administration" class="mw-redirect" title="Space policy of the Joe Biden administration">Biden</a></li></ul> </div></td></tr></tbody></table><div> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"></div><div role="navigation" class="navbox" aria-labelledby="(←_2004)_2008_United_States_presidential_election_(2012_→)" style="padding:3px"><table class="nowraplinks hlist mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:2008_United_States_presidential_election" title="Template:2008 United States presidential election"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:2008_United_States_presidential_election" title="Template talk:2008 United States presidential election"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:2008_United_States_presidential_election" title="Special:EditPage/Template:2008 United States presidential election"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="(←_2004)_2008_United_States_presidential_election_(2012_→)" style="font-size:114%;margin:0 4em">(<a href="/wiki/2004_United_States_presidential_election" title="2004 United States presidential election">← 2004</a>) <a href="/wiki/2008_United_States_presidential_election" title="2008 United States presidential election">2008 United States presidential election</a> (<a href="/wiki/2012_United_States_presidential_election" title="2012 United States presidential election">2012 →</a>)</div></th></tr><tr><td class="navbox-abovebelow" colspan="2"><div> <ul><li><a href="/wiki/Template:2008_United_States_elections" title="Template:2008 United States elections">2008 United States elections</a></li> <li><a href="/wiki/List_of_candidates_in_the_2008_United_States_presidential_election" title="List of candidates in the 2008 United States presidential election">Candidates</a></li> <li><a href="/wiki/Comparison_of_the_2008_United_States_presidential_candidates" title="Comparison of the 2008 United States presidential candidates">Comparison</a></li> <li><a href="/wiki/2008_United_States_presidential_debates" title="2008 United States presidential debates">Debates</a></li> <li><a href="/wiki/Congressional_endorsements_for_the_2008_United_States_presidential_election" title="Congressional endorsements for the 2008 United States presidential election">Congressional endorsements</a></li> <li><a href="/wiki/Fundraising_for_the_2008_United_States_presidential_election" title="Fundraising for the 2008 United States presidential election">Fundraising</a></li> <li><a href="/wiki/Ballot_access_for_the_2008_United_States_presidential_election" class="mw-redirect" title="Ballot access for the 2008 United States presidential election">Ballot access</a></li> <li><a href="/wiki/Timeline_of_the_2008_United_States_presidential_election" title="Timeline of the 2008 United States presidential election">Timeline</a></li> <li><a href="/wiki/Super_Tuesday,_2008" title="Super Tuesday, 2008">Super Tuesday</a></li> <li><a href="/wiki/Potomac_primary" title="Potomac primary">Potomac primary</a></li> <li><a href="/wiki/2008_Super_Tuesday_II" title="2008 Super Tuesday II">Super Tuesday II</a></li> <li>Polls <ul><li><a href="/wiki/Nationwide_opinion_polling_for_the_2008_United_States_presidential_election" title="Nationwide opinion polling for the 2008 United States presidential election">national</a></li> <li><a href="/wiki/Statewide_opinion_polling_for_the_2008_United_States_presidential_election" title="Statewide opinion polling for the 2008 United States presidential election">statewide</a></li> <li><a href="/wiki/International_opinion_polling_for_the_2008_United_States_presidential_election" title="International opinion polling for the 2008 United States presidential election">international</a></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;box-shadow: inset -5px 0 0 0 #3333FF;"><a href="/wiki/Democratic_Party_(United_States)" title="Democratic Party (United States)">Democratic Party</a><br /><span style="color:#f598e2;">▌</span><a href="/wiki/Working_Families_Party" title="Working Families Party">WFP</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/2008_Democratic_National_Convention" title="2008 Democratic National Convention">Convention</a> <ul><li><a href="/wiki/List_of_superdelegates_at_the_2008_Democratic_National_Convention" title="List of superdelegates at the 2008 Democratic National Convention">superdelegates</a></li></ul></li> <li>Polls <ul><li><a href="/wiki/Statewide_opinion_polling_for_the_2008_Democratic_Party_presidential_primaries" title="Statewide opinion polling for the 2008 Democratic Party presidential primaries">statewide</a></li> <li><a href="/wiki/Nationwide_opinion_polling_for_the_2008_Democratic_Party_presidential_primaries" title="Nationwide opinion polling for the 2008 Democratic Party presidential primaries">national</a></li></ul></li> <li><a href="/wiki/2008_Democratic_Party_presidential_debates_and_forums" title="2008 Democratic Party presidential debates and forums">Debates</a></li> <li><a href="/wiki/2008_Democratic_Party_presidential_primaries" title="2008 Democratic Party presidential primaries">Primaries</a></li> <li><a href="/wiki/Results_of_the_2008_Democratic_Party_presidential_primaries" title="Results of the 2008 Democratic Party presidential primaries">Primary results</a></li> <li><a href="/wiki/2008_Democratic_Party_vice_presidential_candidate_selection" title="2008 Democratic Party vice presidential candidate selection">VP candidate selection</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/2008_Democratic_Party_presidential_candidates" title="2008 Democratic Party presidential candidates">Candidates</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><b>Nominee: <a href="/wiki/Barack_Obama" title="Barack Obama">Barack Obama</a></b> <ul><li><a href="/wiki/Barack_Obama_2008_presidential_campaign" title="Barack Obama 2008 presidential campaign">campaign</a></li> <li><a href="/wiki/Political_positions_of_Barack_Obama" title="Political positions of Barack Obama">positions</a></li> <li><a href="/wiki/List_of_Barack_Obama_2008_presidential_campaign_endorsements" title="List of Barack Obama 2008 presidential campaign endorsements">endorsements</a> <ul><li><a href="/wiki/Republican_and_conservative_support_for_Barack_Obama_in_2008" title="Republican and conservative support for Barack Obama in 2008">cross-party</a></li></ul></li></ul></li> <li><b>VP nominee: <a href="/wiki/Joe_Biden" title="Joe Biden">Joe Biden</a></b> <ul><li><a href="/wiki/Political_positions_of_Joe_Biden" title="Political positions of Joe Biden">positions</a></li></ul></li></ul> <ul><li><b>Other candidates:</b> <a href="/wiki/Evan_Bayh" title="Evan Bayh">Evan Bayh</a> <ul><li><a href="/wiki/Evan_Bayh_2008_presidential_campaign" title="Evan Bayh 2008 presidential campaign">campaign</a></li></ul></li> <li><a href="/wiki/Joe_Biden" title="Joe Biden">Joe Biden</a> <ul><li><a href="/wiki/Joe_Biden_2008_presidential_campaign" title="Joe Biden 2008 presidential campaign">campaign</a></li> <li><a href="/wiki/Political_positions_of_Joe_Biden" title="Political positions of Joe Biden">positions</a></li></ul></li> <li><a href="/wiki/Hillary_Clinton" title="Hillary Clinton">Hillary Clinton</a> <ul><li><a href="/wiki/Hillary_Clinton_2008_presidential_campaign" title="Hillary Clinton 2008 presidential campaign">campaign</a></li> <li><a href="/wiki/Political_positions_of_Hillary_Clinton" title="Political positions of Hillary Clinton">positions</a></li> <li><a href="/wiki/List_of_Hillary_Clinton_2008_presidential_campaign_endorsements" title="List of Hillary Clinton 2008 presidential campaign endorsements">endorsements</a></li></ul></li> <li><a href="/wiki/Chris_Dodd" title="Chris Dodd">Chris Dodd</a> <ul><li><a href="/wiki/Chris_Dodd_2008_presidential_campaign" title="Chris Dodd 2008 presidential campaign">campaign</a></li></ul></li> <li><a href="/wiki/John_Edwards" title="John Edwards">John Edwards</a> <ul><li><a href="/wiki/John_Edwards_2008_presidential_campaign" title="John Edwards 2008 presidential campaign">campaign</a></li> <li><a href="/wiki/Political_positions_of_John_Edwards" title="Political positions of John Edwards">positions</a></li></ul></li> <li><a href="/wiki/Mike_Gravel" title="Mike Gravel">Mike Gravel</a> <ul><li><a href="/wiki/Mike_Gravel_2008_presidential_campaign" title="Mike Gravel 2008 presidential campaign">campaign</a></li></ul></li> <li><a href="/wiki/Dennis_Kucinich" title="Dennis Kucinich">Dennis Kucinich</a> <ul><li><a href="/wiki/Dennis_Kucinich_2008_presidential_campaign" title="Dennis Kucinich 2008 presidential campaign">campaign</a></li></ul></li> <li><a href="/wiki/Bill_Richardson" title="Bill Richardson">Bill Richardson</a> <ul><li><a href="/wiki/Bill_Richardson_2008_presidential_campaign" title="Bill Richardson 2008 presidential campaign">campaign</a></li></ul></li> <li><a href="/wiki/Tom_Vilsack" title="Tom Vilsack">Tom Vilsack</a> <ul><li><a href="/wiki/Tom_Vilsack_2008_presidential_campaign" title="Tom Vilsack 2008 presidential campaign">campaign</a></li></ul></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;box-shadow: inset -5px 0 0 0 #E81B23;"><a href="/wiki/Republican_Party_(United_States)" title="Republican Party (United States)">Republican Party</a><br /><span style="color:#FF8C00;">▌</span><a href="/wiki/Conservative_Party_of_New_York_State" title="Conservative Party of New York State">CPNY</a> · <span style="color:#FFC14E;">▌</span><a href="/wiki/Independence_Party_of_New_York" title="Independence Party of New York">IPNY</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/2008_Republican_National_Convention" title="2008 Republican National Convention">Convention</a></li> <li>Polls <ul><li><a href="/wiki/Statewide_opinion_polling_for_the_2008_Republican_Party_presidential_primaries" title="Statewide opinion polling for the 2008 Republican Party presidential primaries">statewide</a></li> <li><a href="/wiki/Nationwide_opinion_polling_for_the_2008_Republican_Party_presidential_primaries" title="Nationwide opinion polling for the 2008 Republican Party presidential primaries">national</a></li></ul></li> <li><a href="/wiki/2008_Republican_Party_presidential_debates_and_forums" title="2008 Republican Party presidential debates and forums">Debates</a></li> <li><a href="/wiki/Political_positions_of_the_2008_Republican_Party_presidential_primary_candidates" title="Political positions of the 2008 Republican Party presidential primary candidates">Political positions</a></li> <li><a href="/wiki/2008_Republican_Party_presidential_primaries" title="2008 Republican Party presidential primaries">Primaries</a></li> <li><a href="/wiki/Results_of_the_2008_Republican_Party_presidential_primaries" title="Results of the 2008 Republican Party presidential primaries">Primary results</a></li> <li><a href="/wiki/2008_Republican_Party_vice_presidential_candidate_selection" title="2008 Republican Party vice presidential candidate selection">VP candidate selection</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Candidates</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><b>Nominee: <a href="/wiki/John_McCain" title="John McCain">John McCain</a></b> <ul><li><a href="/wiki/John_McCain_2008_presidential_campaign" title="John McCain 2008 presidential campaign">campaign</a></li> <li><a href="/wiki/Political_positions_of_John_McCain" title="Political positions of John McCain">positions</a></li> <li><a href="/wiki/List_of_John_McCain_2008_presidential_campaign_endorsements" title="List of John McCain 2008 presidential campaign endorsements">endorsements</a> <ul><li><a href="/wiki/Democratic_and_liberal_support_for_John_McCain_in_2008" title="Democratic and liberal support for John McCain in 2008">cross-party</a></li></ul></li></ul></li> <li><b>VP nominee: <a href="/wiki/Sarah_Palin" title="Sarah Palin">Sarah Palin</a></b> <ul><li><a href="/wiki/Vice_presidential_candidacy_of_Sarah_Palin" title="Vice presidential candidacy of Sarah Palin">candidacy</a></li> <li><a href="/wiki/Political_positions_of_Sarah_Palin" title="Political positions of Sarah Palin">positions</a></li></ul></li></ul> <ul><li><b><a href="/wiki/2008_Republican_Party_presidential_candidates" title="2008 Republican Party presidential candidates">Other candidates</a>:</b> <a href="/wiki/Sam_Brownback" title="Sam Brownback">Sam Brownback</a> <ul><li><a href="/wiki/Sam_Brownback_2008_presidential_campaign" title="Sam Brownback 2008 presidential campaign">campaign</a></li></ul></li> <li><a href="/wiki/John_H._Cox" title="John H. Cox">John H. Cox</a></li> <li><a href="/wiki/Jim_Gilmore" title="Jim Gilmore">Jim Gilmore</a> <ul><li><a href="/wiki/Jim_Gilmore_2008_presidential_campaign" title="Jim Gilmore 2008 presidential campaign">campaign</a></li></ul></li> <li><a href="/wiki/Rudy_Giuliani" title="Rudy Giuliani">Rudy Giuliani</a> <ul><li><a href="/wiki/Rudy_Giuliani_2008_presidential_campaign" title="Rudy Giuliani 2008 presidential campaign">campaign</a></li> <li><a href="/wiki/Political_positions_of_Rudy_Giuliani" title="Political positions of Rudy Giuliani">positions</a></li></ul></li> <li><a href="/wiki/Mike_Huckabee" title="Mike Huckabee">Mike Huckabee</a> <ul><li><a href="/wiki/Mike_Huckabee_2008_presidential_campaign" title="Mike Huckabee 2008 presidential campaign">campaign</a></li> <li><a href="/wiki/Political_positions_of_Mike_Huckabee" title="Political positions of Mike Huckabee">positions</a></li></ul></li> <li><a href="/wiki/Duncan_L._Hunter" title="Duncan L. Hunter">Duncan L. Hunter</a> <ul><li><a href="/wiki/Duncan_L._Hunter_2008_presidential_campaign" title="Duncan L. Hunter 2008 presidential campaign">campaign</a></li></ul></li> <li><a href="/wiki/Alan_Keyes" title="Alan Keyes">Alan Keyes</a> <ul><li><a href="/wiki/Alan_Keyes_2008_presidential_campaign" title="Alan Keyes 2008 presidential campaign">campaign</a></li></ul></li> <li><a href="/wiki/Ray_McKinney" title="Ray McKinney">Ray McKinney</a></li> <li><a href="/wiki/Ron_Paul" title="Ron Paul">Ron Paul</a> <ul><li><a href="/wiki/Ron_Paul_2008_presidential_campaign" title="Ron Paul 2008 presidential campaign">campaign</a></li> <li><a href="/wiki/Political_positions_of_Ron_Paul" title="Political positions of Ron Paul">positions</a></li></ul></li> <li><a href="/wiki/Mitt_Romney" title="Mitt Romney">Mitt Romney</a> <ul><li><a href="/wiki/Mitt_Romney_2008_presidential_campaign" title="Mitt Romney 2008 presidential campaign">campaign</a></li> <li><a href="/wiki/Political_positions_of_Mitt_Romney" title="Political positions of Mitt Romney">positions</a></li></ul></li> <li><a href="/wiki/Tom_Tancredo" title="Tom Tancredo">Tom Tancredo</a> <ul><li><a href="/wiki/Tom_Tancredo_2008_presidential_campaign" title="Tom Tancredo 2008 presidential campaign">campaign</a></li></ul></li> <li><a href="/wiki/Fred_Thompson" title="Fred Thompson">Fred Thompson</a> <ul><li><a href="/wiki/Fred_Thompson_2008_presidential_campaign" title="Fred Thompson 2008 presidential campaign">campaign</a></li></ul></li> <li><a href="/wiki/Tommy_Thompson" title="Tommy Thompson">Tommy Thompson</a> <ul><li><a href="/wiki/Tommy_Thompson_2008_presidential_campaign" title="Tommy Thompson 2008 presidential campaign">campaign</a></li></ul></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Draft_(politics)" title="Draft (politics)">Draft movements</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><b>Democratic:</b> <a href="/wiki/Al_Gore" title="Al Gore">Al Gore</a></li> <li><a href="/wiki/Mark_Warner" title="Mark Warner">Mark Warner</a> <ul><li><a href="/wiki/Draft_Mark_Warner_movement" title="Draft Mark Warner movement">movement</a></li></ul></li> <li><b>Republican:</b> <a href="/wiki/Newt_Gingrich" title="Newt Gingrich">Newt Gingrich</a></li> <li><a href="/wiki/Condoleezza_Rice" title="Condoleezza Rice">Condoleezza Rice</a> <ul><li><a href="/wiki/Draft_Condi_movement" title="Draft Condi movement">movement</a></li></ul></li> <li><b><a href="/wiki/Independent_politician" title="Independent politician">Independent</a>:</b> <a href="/wiki/Michael_Bloomberg" title="Michael Bloomberg">Michael Bloomberg</a> <ul><li><a href="/wiki/Draft_Bloomberg_movement" title="Draft Bloomberg movement">movement</a></li></ul></li></ul> </div></td></tr><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks mw-collapsible autocollapse navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><div id="Third_party_and_independent_candidates" style="font-size:114%;margin:0 4em"><a href="/wiki/Third_party_(U.S._politics)" title="Third party (U.S. politics)">Third party</a> and <a href="/wiki/Independent_politician" title="Independent politician">independent</a> <a href="/wiki/Third-party_and_independent_candidates_for_the_2008_United_States_presidential_election" title="Third-party and independent candidates for the 2008 United States presidential election">candidates</a></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%;box-shadow: inset -5px 0 0 0 #A356DE;; font-weight:normal"><b><a href="/wiki/Constitution_Party_(United_States)" title="Constitution Party (United States)">Constitution Party</a></b><br />(<a href="/wiki/Constitution_Party_National_Convention" title="Constitution Party National Convention">convention</a>)</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><b>Nominee: <a href="/wiki/Chuck_Baldwin" title="Chuck Baldwin">Chuck Baldwin</a></b> <ul><li><a href="/wiki/Chuck_Baldwin_2008_presidential_campaign" title="Chuck Baldwin 2008 presidential campaign">campaign</a></li></ul></li> <li><b>VP nominee: Darrell Castle</b></li></ul> <ul><li><b>Other candidates:</b> <a href="/wiki/Daniel_Imperato" class="mw-redirect" title="Daniel Imperato">Daniel Imperato</a></li> <li><a href="/wiki/Alan_Keyes" title="Alan Keyes">Alan Keyes</a> <ul><li><a href="/wiki/Alan_Keyes_2008_presidential_campaign" title="Alan Keyes 2008 presidential campaign">campaign</a></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;box-shadow: inset -5px 0 0 0 #17aa5c;; font-weight:normal"><b><a href="/wiki/Green_Party_of_the_United_States" title="Green Party of the United States">Green Party</a></b><br />(<a href="/wiki/2008_Green_National_Convention" title="2008 Green National Convention">convention</a>)</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><b>Nominee: <a href="/wiki/Cynthia_McKinney" title="Cynthia McKinney">Cynthia McKinney</a></b> <ul><li><a href="/wiki/Cynthia_McKinney_2008_presidential_campaign" title="Cynthia McKinney 2008 presidential campaign">campaign</a></li> <li><a href="/wiki/Political_positions_of_Cynthia_McKinney" class="mw-redirect" title="Political positions of Cynthia McKinney">positions</a></li></ul></li> <li><b>VP nominee: <a href="/wiki/Rosa_Clemente" title="Rosa Clemente">Rosa Clemente</a></b></li></ul> <ul><li><b>Other candidates:</b> <a href="/wiki/Elaine_Brown" title="Elaine Brown">Elaine Brown</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;box-shadow: inset -5px 0 0 0 #FED105;; font-weight:normal"><b><a href="/wiki/Libertarian_Party_(United_States)" title="Libertarian Party (United States)">Libertarian Party</a></b><br />(<a href="/wiki/2008_Libertarian_National_Convention" title="2008 Libertarian National Convention">convention</a>)</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><b>Nominee: <a href="/wiki/Bob_Barr" title="Bob Barr">Bob Barr</a></b> <ul><li><a href="/wiki/Bob_Barr_2008_presidential_campaign" title="Bob Barr 2008 presidential campaign">campaign</a></li> <li><a href="/wiki/Political_positions_of_Bob_Barr" class="mw-redirect" title="Political positions of Bob Barr">positions</a></li></ul></li> <li><b>VP nominee: <a href="/wiki/Wayne_Allyn_Root" title="Wayne Allyn Root">Wayne Allyn Root</a></b></li></ul> <ul><li><b>Other candidates:</b> <a href="/wiki/Mike_Gravel" title="Mike Gravel">Mike Gravel</a> <ul><li><a href="/wiki/Mike_Gravel_2008_presidential_campaign" title="Mike Gravel 2008 presidential campaign">campaign</a></li></ul></li> <li><a href="/wiki/Steve_Kubby" title="Steve Kubby">Steve Kubby</a></li> <li><a href="/wiki/Wayne_Allyn_Root" title="Wayne Allyn Root">Wayne Allyn Root</a></li> <li><a href="/wiki/Mary_Ruwart" title="Mary Ruwart">Mary Ruwart</a></li> <li><a href="/wiki/Doug_Stanhope" title="Doug Stanhope">Doug Stanhope</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;box-shadow: inset -5px 0 0 0 #800080;">America's Independent Party</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><b>Nominee: <a href="/wiki/Alan_Keyes" title="Alan Keyes">Alan Keyes</a></b> <ul><li><a href="/wiki/Alan_Keyes_2008_presidential_campaign" title="Alan Keyes 2008 presidential campaign">campaign</a></li></ul></li> <li><b>VP nominee: Brian Rohrbough</b></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;box-shadow: inset -5px 0 0 0 yellow;"><a href="/wiki/Boston_Tea_Party_(political_party)" title="Boston Tea Party (political party)">Boston Tea Party</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><b>Nominee: <a href="/wiki/Charles_Jay" class="mw-redirect" title="Charles Jay">Charles Jay</a></b></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;box-shadow: inset -5px 0 0 0 #F8F9FA;"><a href="/wiki/Objectivist_Party" class="mw-redirect" title="Objectivist Party">Objectivist Party</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><b>Nominee: <a href="/wiki/Tom_Stevens_(Objectivist_Party_politician)" title="Tom Stevens (Objectivist Party politician)">Tom Stevens</a></b></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;box-shadow: inset -5px 0 0 0 #00FF00;"><a href="/wiki/Peace_and_Freedom_Party" title="Peace and Freedom Party">Peace and Freedom Party</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><b>Nominee: <a href="/wiki/Ralph_Nader" title="Ralph Nader">Ralph Nader</a></b> <ul><li><a href="/wiki/Ralph_Nader_2008_presidential_campaign" title="Ralph Nader 2008 presidential campaign">campaign</a></li></ul></li> <li><b>VP nominee: <a href="/wiki/Matt_Gonzalez" title="Matt Gonzalez">Matt Gonzalez</a></b></li></ul> <ul><li><b>Other candidates:</b> <a href="/wiki/Gloria_La_Riva" title="Gloria La Riva">Gloria La Riva</a></li> <li><a href="/wiki/Cynthia_McKinney" title="Cynthia McKinney">Cynthia McKinney</a> <ul><li><a href="/wiki/Cynthia_McKinney_2008_presidential_campaign" title="Cynthia McKinney 2008 presidential campaign">campaign</a></li></ul></li> <li><a href="/wiki/Brian_Moore_(political_activist)" title="Brian Moore (political activist)">Brian Moore</a> <ul><li><a href="/wiki/Brian_Moore_2008_presidential_campaign" title="Brian Moore 2008 presidential campaign">campaign</a></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;box-shadow: inset -5px 0 0 0 #FF00FF;"><a href="/wiki/Prohibition_Party" title="Prohibition Party">Prohibition Party</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><b>Nominee: <a href="/wiki/Gene_Amondson" title="Gene Amondson">Gene Amondson</a></b></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;box-shadow: inset -5px 0 0 0 #6A287E;"><a href="/wiki/Reform_Party_of_the_United_States_of_America" title="Reform Party of the United States of America">Reform Party</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><b>Nominee: <a href="/wiki/Ted_Weill" title="Ted Weill">Ted Weill</a></b></li> <li><b>VP nominee: Frank McEnulty</b></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;box-shadow: inset -5px 0 0 0 red;"><a href="/wiki/Party_for_Socialism_and_Liberation" title="Party for Socialism and Liberation">Socialism and Liberation Party</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><b>Nominee: <a href="/wiki/Gloria_La_Riva" title="Gloria La Riva">Gloria La Riva</a></b></li> <li><b>VP nominee: <a href="/wiki/Eugene_Puryear" title="Eugene Puryear">Eugene Puryear</a></b></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;box-shadow: inset -5px 0 0 0 #CD3700;"><a href="/wiki/Socialist_Party_USA" title="Socialist Party USA">Socialist Party</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><b>Nominee: <a href="/wiki/Brian_Moore_(political_activist)" title="Brian Moore (political activist)">Brian Moore</a></b> <ul><li><a href="/wiki/Brian_Moore_2008_presidential_campaign" title="Brian Moore 2008 presidential campaign">campaign</a></li></ul></li> <li><b>VP nominee: <a href="/wiki/Stewart_Alexander" title="Stewart Alexander">Stewart Alexander</a></b></li></ul> <ul><li><b>Other candidates:</b> <a href="/wiki/Eric_Chester" title="Eric Chester">Eric Chester</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;box-shadow: inset -5px 0 0 0 #AA0000;"><a href="/wiki/Socialist_Workers_Party_(United_States)" title="Socialist Workers Party (United States)">Socialist Workers Party</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><b>Nominee: <a href="/wiki/R%C3%B3ger_Calero" title="Róger Calero">Róger Calero</a></b></li> <li><b>Alternate nominee: <a href="/wiki/James_Harris_(Socialist_Workers_Party_politician)" title="James Harris (Socialist Workers Party politician)">James Harris</a></b></li> <li><b>VP nominee: <a href="/wiki/Alyson_Kennedy" title="Alyson Kennedy">Alyson Kennedy</a></b></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;box-shadow: inset -5px 0 0 0 #DDDDBB;">Independent / Other</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Jeff_Boss" title="Jeff Boss">Jeff Boss</a></li> <li><a href="/wiki/Stephen_Colbert_(character)" title="Stephen Colbert (character)">Stephen Colbert</a> <ul><li><a href="/wiki/Stephen_Colbert_2008_presidential_campaign" title="Stephen Colbert 2008 presidential campaign">campaign</a></li></ul></li> <li><a href="/wiki/Earl_Dodge" title="Earl Dodge">Earl Dodge</a></li> <li><a href="/wiki/Bradford_Lyttle" title="Bradford Lyttle">Bradford Lyttle</a></li> <li><a href="/wiki/Frank_Moore_(performance_artist)" title="Frank Moore (performance artist)">Frank Moore</a></li> <li><a href="/wiki/Joe_Schriner" title="Joe Schriner">Joe Schriner</a></li> <li><a href="/wiki/Jonathon_Sharkey" title="Jonathon Sharkey">Jonathon Sharkey</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><td class="navbox-abovebelow" colspan="2" style="font-weight: bold;"><div> <ul><li>Other 2008 elections: <a href="/wiki/2008_United_States_House_of_Representatives_elections" title="2008 United States House of Representatives elections">House</a></li> <li><a href="/wiki/2008_United_States_Senate_elections" title="2008 United States Senate elections">Senate</a></li> <li><a href="/wiki/2008_United_States_gubernatorial_elections" title="2008 United States gubernatorial elections">Gubernatorial</a></li></ul> </div></td></tr></tbody></table></div> <!-- NewPP limit report Parsed by mw‐api‐ext.codfw.main‐846f74b78b‐c282r Cached time: 20241128001311 Cache expiry: 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