Agree with what President Obama is doing

I do not agree with professor Grace thought that President Obama seems not to care about the U.S economy and, that makes the stock market go down. President Obama is focusing on health care, renewable energy, and education. According to washington post, the U.S increase its budget on health care, renewable energy, and education by 22 billion, 39 billion, and 81 billion respectively for year 2009. Spending huge money on those do not seem to help current the U.S eocomy and stock market. However, President Obama has reasons, and they are failing of bailout program, controlling inflation, and looking ahead in long-term perspective.
First, big auto companies such as ford, chrysler, GM were asking for a bailout program, ,but the bailout program would work for thoses companies for very short-term period. In addition, those companies would ask another bailout program unless they solve long-term problems. That is the reason why President Obama wants to stop bailing out, and he wants to spend that money on health care, renewable energy, and education. Second, even though the U.S economy is facing shor-term pain, the U.S should set a goal for a long-term. If the U.S spend more money on education, our future generations are less likley to make this kind of the worst situation. Even if they have the worst economic situation they will cope with those difficulties well. By spending money on renewable energy, the U.S could control its inflation. When the oil price goes up, other prices would also go up soon, so the inflation depends upon the change in energy sector. Thus, if the U.S could make the energy prices stable, the U.S could control its inflation. Also, when people research more on renewable energy, they need more people to work with them, and it will create more jobs. In addtion, those active works would increase the prices of energy sector in stock maket. When the economy is unstable, people tend to rely more on insuraces. Thus, President Obama wants to help people, especially poor people to have their insurances. I think every moves that President Obama makes has a reason. Thus, I recommend people to give him more time, and do not push him.

http://www.businessweek.com/bwdaily/dnflash/content/mar2009/db20090313_686911.htm
http://www.bloomberg.com/apps/news?pid=20601068&sid=asxecTzJN6iM&refer=home
http://www.vheadline.com/readnews.asp?id=78007
http://www.bloomberg.com/apps/news?pid=20601070&refer=home&sid=aA0XK8TY8HYs
http://www.washingtonpost.com/wp-dyn/content/story/2009/02/26/ST2009022601696.html