Senator Barack Obama
Although he has appointed two males in economic positions, Barack Obama also plans on having at least two influential females:
Obama also announced that economist Christina Romer will be director his Council of Economic Advisors, which provides economic analysis and advice to the president.
Romer, whose expertise includes the Great Depression and the economic recovery that followed, is a professor of economics at the University of California, Berkeley. She is also co-director of the monetary economics program and a member of the business cycle dating committee at the National Bureau of Economic Research (NBER), the group that officially determines when U.S. recessions begin and end.
In Romer, Obama said, he has found an independent economist respected by both conservatives and liberals who has done “groundbreaking research on many of the topics our administration will confront, from tax policy to fighting recessions.”
Lastly, Obama named Melody Barnes to be the director of his Domestic Policy Council (DPC), which he said will focus in part on healthcare reform as part of his economic recovery plan.
Before joining Obama’s transition team, Barnes was executive vice president for policy at the Center for American Progress, where her focus was on policies to help middle-class families. She also served as chief counsel to Sen. Edward Kennedy, D-Mass., on the Senate Judiciary Committee.
“Melody’s brilliant legal mind and her long experience working to secure the liberties on which this nation was founded, as well as to secure the opportunities for those who’ve been left behind, make her a perfect fit for DPC director,” Obama said.
Obama’s plans to boost the economy aren’t likely to be limited to investing in infrastructure and energy initiatives.
Several other measures are expected as well. Among some of the possibilities discussed: direct federal aid to states and cities, tax cuts for low- and middle-income Americans, increased food stamp payments, and a tax credit for businesses that create new jobs in the United States.
Whatever Obama and his economic team ultimately decide to include in the economic recovery package, it’s expected that Congress will have the final legislation ready for the president-elect’s signature the day he’s inaugurated.
Women truly are getting more of the “rule” over the United States (for a scriptural reference, see Women Chose Barack Obama).
Also notice the following news item where the president-elect warns that things will likely get worse at first:
CHICAGO (Nov. 24) – With the economy in crisis, President-elect Barack Obama urged the new Congress to pass a quick economic stimulus bill, pledged help for the troubled auto industry and blessed the Bush administration’s bailout of the financial industry.
Even so, he conceded, “The economy is likely to get worse before it gets better,” a downbeat forecast, delivered 57 days before he takes the oath of office and as Americans headed into the year-end holiday season….
Obama declined to say how large a stimulus package he wants from Congress. Democratic lawmakers speculated over the weekend that the price tag could reach $700 billion over two years as the nation struggles to emerge from a recession compounded by a credit crunch. “It’s going to be costly,” the president-elect said…
As a candidate, Obama called for cutting taxes for the middle class and said he wanted to eliminate Bush-era tax cuts for the wealthy. In his news conference, he reaffirmed support for reducing the burden on the middle class but was equivocal on how quickly he would act on taxes affecting those who are better off. Many economists caution that raising taxes can make a recession worse, and the president-elect said he would await a recommendation from his advisers on whether to follow through on his earlier pledge. http://news.aol.com/main/obama-presidency/article/obama-introduces-his-economic-team/258378?icid=200100397x1214150580x1200840566
And it looks like the prophecies about a nation laden with debt (e.g. Habakkuk 2) will be fulfilled by the USA.
Those interested in end-time events may wish to read the following articles:
Prophecies of Barack Obama? Are there biblical and non-biblical prophecies about Barack Obama. Did Nostradamus predict Barack Obama dealing with the Antichrist?
Barack Obama, Prophecy, and the Destruction of the United States Some claim that Barack Obama is the prophesied “son of Kenya”. Might Bible prophecy be fulfilled since he is to be the USA president?
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, British, Scottish, Welsh, Australians, Anglo-Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first?
Can the Great Tribulation Begin in 2009, 2010, or 2011? Can the Great Tribulation begin today? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord?|
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin?