"I found this national debt, doubled, wrapped in a big bow waiting for me as I stepped into the Oval Office"
- Barack Obama
About this Quote
This quote by Barack Obama is a reflection of the state of the economy when he took workplace in 2009. The nationwide financial obligation had doubled from the previous administration, and Obama was confronted with the overwhelming job of trying to reduce it. The quote is a metaphor for the tight spot he was presented with, as if the financial obligation was a present awaiting him when he stepped into the Oval Office. Obama was figured out to deal with the problem head on, and he worked hard to minimize the nationwide financial obligation during his two terms in office. He implemented a variety of procedures to decrease the financial obligation, including cutting costs, raising taxes, and reforming the tax code. Obama's efforts were successful, and the nationwide financial obligation was reduced by the end of his presidency. This quote works as a pointer of the difficult situation Obama faced when he took office, and the effort he put in to lower the nationwide financial obligation.
This quote is written / told by Barack Obama somewhere between August 4, 1961 and today. He was a famous President from USA.
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