Synthesis essay

Synthesis essay - Giannina Morales English 107 B 14...

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Giannina Morales English 107 B 14 Professor Adophy March 20, 2009 The Demerits of the Stimulus Plan Americans are going through the roughest economic period that the United States has seen in years. In an attempt to rejuvenate the economy and add something close to three and a half million jobs, President Obama has planned an economic stimulus plan that would cost around seven hundred seventy five billion dollars. The House of Representatives approved the plan, and now it is in process of getting the votes it needs in the Senate. The economic stimulus package will be adjusted to satisfy the members of the House and Senate. Millions of people have lost their jobs, homes, vehicles etc. President Obama hopes to alleviate the economy with his proposal. I think that the plan will not help the US economy; the amount that it needs to move forward is greater than what is being proposed. Barack Obama is the 44th and current President of the United States . He is the first African American to be in office. Obama is a graduate of Columbia University and Harvard Law School , a very intelligent individual. After having George W. Bush as president, Obama seems like a breath of fresh air. A lot of people blame former President Bush for everything that has happened in our economy. It is true that a lot of money was wasted on things that we did not need, such as the war. Many other things that Americans seem to do freely, such as purchasing things that they couldn’t afford on credit, is also to blame. American companies also started to lay off thousands of Americans which made it difficult
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for people to pay of mortgages and other debt that they might have accumulated when they purchased things on credit. There are a lot of factors that contributed to the failure of the American economy. Like I stated before President Obama is a very intelligent individual and there is no reason why the stimulus package would not work, that is if we were not in such a harsh economy. When former President Bush left office he left many problems behind. When President Obama stepped into office on January 20, 2009, he really had a lot of things that he needed to fix, a lot of “baggage” that the last president left behind. For example, if a person were to buy a house that hasn’t been taken care of in years and is really run down they can’t just expect to fix it over night and with a little bit of money. The person would need a lot of
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This note was uploaded on 10/11/2010 for the course BIO 110 taught by Professor Kl during the Spring '10 term at Penn College.

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Synthesis essay - Giannina Morales English 107 B 14...

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