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

Obama Assignment - Essay Examplee represent opportunities for a truly unprecedented series of changes that could change the federal agency that the world 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 difficult to achieve a shift in public policy. Obama has said that America must be as careful in withdrawing troops as it was careless in going to war but at the heart of the matter is the bigger scruple of newly-acquired U.S. oil interests in Iraq, with one of the worlds major untapped resources. It is difficult to envisage the current U.S. administration to admit that there are vested scotch interests in the war, and current political structure would certainly discourage the U.S. from making a U-turn. In turn, it is also linked to the energy crisis, as it testament dart time for America to build its renewable energy reserves, and thus oil-related geopolitical considerations would continue for a while. The cost of war is another issue American firms rebuild Iraq are also part of the complex geopolitical chain of economic considerations. Even Obamas personal profile 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 face an uphill task with the Congress to evidence minimum wages, amend NAFTA to benefit