Overview

The United States economy reached a meltdown point in September 2008. A Republican President and Democratic Congress passed a massive bill to bail out banks. Many Americans were shocked that the wealthiest country in the world could be in so much financial trouble overnight. This financial crisis occurred at a point when many Americans were already looking for change in their government and an election provided the opportunity. Then Candidate Barack Obama promised to turn the page and take America in a new direction. A majority of voters were receptive to this message. Congressional leaders pledged to work with their new President to help his vision become reality. Many pointed to the President's agenda as the "New New Deal" and Barack Obama himself promised fundamental change And one cold January day. we embarked on the path to a new America...