Barack Obama

When did Obama make indications that his administration would consider a shift towards an energy policy more closely tuned to the manufacturing industry?

Prior to June 2014, Obama offered substantial support for a broadly-based "All of the above" approach to domestic energy policy, which Obama has maintained since his first term and which he last confirmed at his State of the Union speech in January 2014 to a mixed reception by both parties. In June 2014, Obama made indications that his administration would consider a shift towards an energy policy more closely tuned to the manufacturing industry and its impact on the domestic economy. Obama's approach of selectively combining regulation and incentive to various issues in the domestic energy policy, such as coal mining and oil fracking, has received mixed commentary for not being as responsive to the needs of the domestic manufacturing sector as needed, following claims that the domestic manufacturing sector utilizes as much as a third of the nation's available energy resources.


People Also Ask

  • In 2013, the Obama Administration filed briefs that urged the Supreme Court to rule in favor of same-sex couples in the cases of Hollingsworth v. Perry (regarding same-sex marriage) and United States v. Windsor (regarding the Defense of Marriage Act). Then, following the Supreme Court's 2015 decision in Obergefell v. Hodges (ruling same-sex marriage to be a fundamental right), Obama asserted that, "This decision affirms what millions of Americans already believe in their hearts: When all Americans are treated as equal we are all more free."

    More Info
  • John McCain was nominated as the Republican candidate, and he selected Sarah Palin as his running mate. The two candidates engaged in three presidential debates in September and October 2008. On November 4, Obama won the presidency with 365 electoral votes to 173 received by McCain. Obama won 52.9% of the popular vote to McCain's 45.7%. He became the first African American to be elected president. Obama delivered his victory speech before hundreds of thousands of supporters in Chicago's Grant Park.

    More Info
  • As it did throughout 2008, the unemployment rate rose in 2009, reaching a peak in October at 10.0% and averaging 10.0% in the fourth quarter. Following a decrease to 9.7% in the first quarter of 2010, the unemployment rate fell to 9.6% in the second quarter, where it remained for the rest of the year. Between February and December 2010, employment rose by 0.8%, which was less than the average of 1.9% experienced during comparable periods in the past four employment recoveries. By November 2012, the unemployment rate fell to 7.7%, decreasing to 6.7% in the last month of 2013. During 2014, the unemployment rate continued to decline, falling to 6.3% in the first quarter. GDP growth returned in the third quarter of 2009, expanding at a rate of 1.6%, followed by a 5.0% increase in the fourth quarter. Growth continued in 2010, posting an increase of 3.7% in the first quarter, with lesser gains throughout the rest of the year. In July 2010, the Federal Reserve noted that economic activity continued to increase, but its pace had slowed, and chairman Ben Bernanke said the economic outlook was "unusually uncertain." Overall, the economy expanded at a rate of 2.9% in 2010.

    More Info
  • Obama was elected to the Illinois Senate in 1996, succeeding Democratic State Senator Alice Palmer from Illinois's 13th District, which, at that time, spanned Chicago South Side neighborhoods from Hyde Park–Kenwood south to South Shore and west to Chicago Lawn. Once elected, Obama gained bipartisan support for legislation that reformed ethics and health care laws. He sponsored a law that increased tax credits for low-income workers, negotiated welfare reform, and promoted increased subsidies for childcare. In 2001, as co-chairman of the bipartisan Joint Committee on Administrative Rules, Obama supported Republican Governor Ryan's payday loan regulations and predatory mortgage lending regulations aimed at averting home foreclosures.

    More Info
  • As it did throughout 2008, the unemployment rate rose in 2009, reaching a peak in October at 10.0% and averaging 10.0% in the fourth quarter. Following a decrease to 9.7% in the first quarter of 2010, the unemployment rate fell to 9.6% in the second quarter, where it remained for the rest of the year. Between February and December 2010, employment rose by 0.8%, which was less than the average of 1.9% experienced during comparable periods in the past four employment recoveries. By November 2012, the unemployment rate fell to 7.7%, decreasing to 6.7% in the last month of 2013. During 2014, the unemployment rate continued to decline, falling to 6.3% in the first quarter. GDP growth returned in the third quarter of 2009, expanding at a rate of 1.6%, followed by a 5.0% increase in the fourth quarter. Growth continued in 2010, posting an increase of 3.7% in the first quarter, with lesser gains throughout the rest of the year. In July 2010, the Federal Reserve noted that economic activity continued to increase, but its pace had slowed, and chairman Ben Bernanke said the economic outlook was "unusually uncertain." Overall, the economy expanded at a rate of 2.9% in 2010.

    More Info

Featured

We don't show ads. Help us keep it that way.