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Why did the US Economy receive stress after President Obama was elected into office?
Wiki User
∙ 15y ago
Well, the stress of US Economy, all started last year with CNBC announced that Freddie Mac & Fannie Mae, were going to be bankrupt. (This is one of the reasons) The reason why, Chrysler, and GM, are going bankrupt, is because Chrysler and GM's car sales are too pricy for residents of the United States to buy them. However, instead of Chrysler & GM, are going bankrupt, those two companies should've just lowered the prices on their vehicles. I have one family member, that told me that he is glad that Chrysler & GM are going bankrupt. Why? The reason why, that family member told me that he is glad that Chrysler & GM are going bankrupt is because: -most of the Chrysler & GM employees are derogatory terms and they did not graduate from high school, or they dropped out of the 8th grade. -most of the Chrysler & GM employees get paid to much money.
Wiki User
∙ 15y ago
The US economy faced stress after President Obama's election due to the severity of the 2008 financial crisis. His administration had to deal with the aftermath of the crisis, including widespread job losses, a decline in housing prices, and a fragile banking sector. The economic stress was already present before Obama took office, and his policies aimed at mitigating the effects of the crisis.
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Who is the only president to not have been elected into office?
Technically speaking, they've all been elected in to *office*. However, Ford is the only one who was never elected to the Executive Office (as either President or Vice-President).
What is the ignauguration?
When a president gets sworn in and is in office. Inauguration is where they get the elected president in office.
What president wasn't elected?
Gerald Ford is the US President elected neither to the office of President or Vice-President.
How can an elected president come into office when United States is at war?
WHEN A PRESIDENT COME INTO OFFICE WHEN A PRESIDENT COME INTO OFFICE
What was the name of the President be elected to office?
Mr. President.
Can a senator or representative be appointed to the office of the president?
Presidents are not appointed- they are elected. A senator or representative can run for president , but if elected president , he must resign any previous office before he takes office as president.
What age was Gerald Ford elected?
Gerald Ford was elected to office as a U.S. Representative in 1949 at the age of 36. He was not elected to the office of Vice President. He was appointed after Spiro Agnew resigned. He was also not elected to the office of President, and became President after Richard Nixon resigned.
What president was elected to the most terms of office and how many times was he elected?
Franklin D. Roosevelt (FDR) - elected to four terms. After FDR, the 22nd Amendment ratified in 1951, limited the presidential office to two terms. No person shall be elected to the office of the President more than twice, and no person who has held the office of President, or acted as President, for more than two years of a term to which some other person was elected President shall be elected to the office of the President more than once.
What year was Taft elected president?
president Taft was elected in 1908 and took office in 1909.
What president was never elected to a government office before becoming president?
All presidents have been elected to some government office, but Gerald Ford was the only one who was never elected as vice president or president. He did serve as a congressman, but was appointed, not elected, as vice president by Richard Nixon and took office after Nixon's resign without election.
Who was the only president never elected to the office to president or vice-president?
grr
Who was elected president without holding an elected office before?
Presidents who did not hold elected office before they were President are Zachary Taylor, Ulysses Grant, Herbert Hoover and Dwight Eisenhower.
