Obama Assignment Essay Example | Topics and Well Written Essays - 500 words

Obama Assignment - taste Examplee represent opportunities for a truly unprecedented series of changes that could change the way that the introduction thinks about America, and America about itself. The organisation of the U.S. government system in general, is fundamentally based on promoting American capitalism at its core, and unless a change in this vital paradigm is brought about it is delicate to achieve a shift in humankind policy. Obama has said that America must be as c arful in withdrawing troops as it was careless in going to war but at the heart of the matter is the bigger question of newly-acquired U.S. oil interests in Iraq, with one of the worlds major(ip) untapped resources. It is difficult to envisage the current U.S. administration to admit that there are vested economic interests in the war, and current political structure would certainly discourage the U.S. from making a U-turn. In turn, it is also united to the energy crisis, as it will take time for America to build its renewable energy reserves, and hence oil-related geopolitical considerations would continue for a while. The cost of war is another issue American firms rebuilding Iraq are also part of the complex geopolitical chain of economic considerations. Even Obamas personal write and acceptability in the Arab world will hardly make it any easier to address this vital issue. Influencing public policy in this regard is likely to remain a major challenge fir the foreseeable future. Regarding the credit crisis and its effect on the American economy, the challenges are even greater. Obamas agenda to create more jobs for Americans means that the existing credit-fuelled structure of the American market place has to be changed. Housing is one of the mainstays of American economic activity to cause a shift to this will be a monumental task, as the housing sector is likely to stay depressed for a longer period of time.Obama will formula an uphill task with the Congress to raise mini mum wages, amend NAFTA to benefit