Promise Me, Dad:, by Joe Biden: on Budget & Economy


Barack Obama: Took office in 2009 amid America's worst financial crisis

[From his first day on the job] Barack Obama was sworn into office in the middle of the worst financial crisis in four generations. The situation was so dire that the entire economic team met in the Oval Office for an hour every day to plan how to deal with the unfolding crisis. "No matter what we do," the president's chief economist told us shortly after we took office, "we're going to continue to lose hundreds of thousands of jobs a month for at least six months." Major banks were failing. The economy was careening off a cliff. Americans were losing their homes, their health care, and their life savings. They were losing hope. Diminishing tax revenues were squeezing federal, state, and local governments. Cities were near bankruptcy, forced to lay off so many teachers and police officers that the American pillars of education and public safety were becoming shaky.
Source: Promise Me, Dad,by Joe Biden, p. 70 Nov 14, 2017

  • The above quotations are from Promise Me, Dad
    A Year of Hope, Hardship, and Purpose,
    by Joe Biden    .
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2020 Presidential contenders on Budget & Economy:
  Republicans:
Gov.John Kasich(OH)
V.P.Mike Pence(IN)
Pres.Donald Trump(NY)
Gov.Bill Weld(MA) 		Democrats:
V.P.Joe Biden(DE)
Sen.Bernie Sanders(VT)
Sen.Elizabeth Warren(MA)

2020 Third Party Candidates:
Gov.Gary Johnson(L-NM)
Howard Schultz(I-WA)
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Page last updated: Apr 11, 2019