The focus of my report is Obama’s policy in the period between 2009 and 2015 and the End of his second and last inauguration as a President in 2016.
The contents of this report are the credit crunch, the two Presidential terms, the fiscal cliff in 2013, government shutdown in 2013, mid-term elections in 2014 and economic progress until 2015.
This essay shall take a bird eye view of the various policies which were undertaken by Obama during and before his time as the president. It includes how Obama dragged the country through the economic downfall and made the necessary advancements in the health sector with Obama health care program. Later part of the essay considers the automotive industry of United States and presents a detailed exegesis of US’s very own Ford motors.
Table of Contents
1. Executive Summary
2. Introduction
3. Main argument of Report
3.1 Situation of US before Obamas first presidential term
3.2 Credit crunch and the presidential election in 2008
3.3 First presidential term from 2009-2013
3.4 The presidential election in 2012
3.5 Second presidential term from 2013-2017
3.5.1 Fiscal Cliff in January 2013
3.5.2 US Government Shutdown in 2013
3.5.3 Mid Term election in 2014
3.5.4 Year 2015
4. US Industrial sector overview
5. Industrial sector SLEPT
6. US Company overview
7. US Company SWOT
8. Conclusion
Objectives and Topics
This report evaluates the economic policies of the Obama administration between 2009 and 2015, analyzing how the 44th U.S. President navigated the country through the aftermath of the 2008 financial crisis while addressing industrial and social challenges. The study aims to determine the effectiveness of these policies in safeguarding the American economy and business sector for the 21st century.
- The impact of the 2008 credit crunch on the subsequent presidential terms.
- Key legislative developments, including the Affordable Care Act and economic stimulus packages.
- Political challenges such as the 2013 government shutdown and the 2014 midterm elections.
- A detailed industrial analysis of the U.S. automotive sector, focusing on Ford Motor Company.
- Application of the SLEPT framework and a SWOT analysis to evaluate corporate and economic strategies.
Excerpt from the Book
Credit crunch and the presidential election in 2008
A swift reduction in the availability of money or credit from banks and other lenders lead to a financial deficit which is called as the Credit crunch. America faced one of the worst financial downfall in its history in the year 2008 where many major companies saw a shut down. Lehman Brother went bankrupt, AIG, Freddie Mac, Fannie Mae, HBOS, Royal Bank of Scotland, Fortis, Hypo and many others were also on the edge until they were rescued by some great amounts of money coming in the system. All the Observes believe that the after shocks of this financial earth quake would be felt for years to come. (Mathiason and Stewart, 2008) So, the situation became very critical when the check point for change in the power came up i.e. the presidential election of 2008. After this great financial issue at hand, the American people had to make a really hard decision and had to select someone who can sail the ship out of the storm.
Summary of Chapters
Executive Summary: Provides an overview of Obama’s presidency starting in 2009 and outlines the report's focus on the economic and industrial policies enacted following the financial crisis.
Introduction: Discusses the promises made by Barack Obama during the 2008 campaign and introduces the Affordable Care Act as a cornerstone of his economic policy.
Main argument of Report: Details the economic climate inherited by the Obama administration and traces political developments through his two terms, including the fiscal cliff and government shutdowns.
US Industrial sector overview: Examines the scale of the U.S. automotive market, highlighting its competitiveness and the role of major manufacturers.
Industrial sector SLEPT: Applies the social, legal, economic, political, and technological (SLEPT) framework to analyze the external environment impacting the automotive industry.
US Company overview: Offers a brief history of the Ford Motor Company, focusing on its foundation and early development.
US Company SWOT: Presents a strategic analysis of Ford Motor Company, identifying its strengths, weaknesses, opportunities, and threats in the modern market.
Conclusion: Summarizes the legacy of the Obama administration, assessing its success in economic recovery and foreign policy while acknowledging remaining social challenges.
Keywords
Barack Obama, Economic Policy, Credit Crunch, Affordable Care Act, US Automotive Industry, Ford Motor Company, Fiscal Cliff, Government Shutdown, SLEPT Analysis, SWOT Analysis, Unemployment, Financial Crisis, Economic Stimulus, Legislation, Middle Class.
Frequently Asked Questions
What is the primary focus of this report?
The report provides an assessment of the economic policies implemented by the Obama administration between 2009 and 2015, exploring their impact on the U.S. economy and specific industrial sectors.
What are the central themes covered?
Key themes include the 2008 financial crisis, the legislative response to economic instability, the role of government during the 2013 shutdown, and a specific case study on the U.S. automotive industry.
What is the main research question?
The research seeks to determine whether the 44th President of the USA was successful in his efforts to bolster and safeguard American business and the economy for the 21st century.
Which scientific methods are employed?
The work utilizes a combination of historical analysis, descriptive economic reporting, and strategic business frameworks such as SLEPT and SWOT.
What does the main body discuss?
The main body treats the chronological progression of Obama's presidential terms, legislative milestones like the Affordable Care Act, and a detailed corporate evaluation of Ford Motor Company.
Which keywords define this work?
The study is defined by terms such as Obama Administration, Financial Crisis, Economic Stimulus, Automotive Industry, and Strategic Analysis.
How did the 2013 government shutdown affect the economic outlook?
According to the report, President Obama argued that the shutdown hurt the economy and threatened to worsen the recovery from the recession.
What is the significance of the SWOT analysis for Ford?
The SWOT analysis highlights Ford's strong market position and workforce, while also identifying challenges like global competition and the need to invest in electric and hybrid technologies.
- Quote paper
- Ädris Osmani (Author), 2016, The Economic Policies of the 2009-2015 Obama Administration. An Assessment, Munich, GRIN Verlag, https://www.hausarbeiten.de/document/371272
