How does the United States solve the current economic crisis?

First, under the strong impetus of Obama, Congress finally passed an unprecedented $787 billion additional economic stimulus plan, and submitted a 20 10 annual budget that may lead to a huge deficit of $0.75 trillion;

Second, the government began to buy "toxic assets" from banks;

Third, the restructuring plans of three major automobile companies, such as GM, were rejected and redrafted, and they urged rectification. Auto companies and Wall Street financial executives who received government capital injections to rescue the market began to be forced to limit their salaries.

Fourth, lobbying groups are prohibited from interfering with the use of relief funds, and government budget expenditure has been reduced by 654.38 billion US dollars.

5. Invest a considerable amount of money in infrastructure construction and scientific research, which will be the largest infrastructure construction in the United States since President Eisenhower started interstate highway construction;

6. Investment in basic science fields such as medicine and mathematics, in Obama's words, is also the largest investment in American history, which will promote a series of "new inventions and new breakthroughs".

Seven, another focus of investment is the development of new energy sources such as wind energy and solar energy. Obama believes that under the current economic situation in the United States, the development of new energy will give birth to a brand-new industry and create millions of jobs for the United States. More importantly, it will enhance the energy security of the United States, mark a major shift in the energy policy of the United States, and may be the most historic industrial project in the New Deal.

Obama believes that the United States must rebuild its economic foundation. In the past 10 years, 40% of American corporate profits came from the financial sector, which is unsustainable; The American economy must undergo a profound transformation, and the government will lay a solid foundation for the new economic take-off by formulating new education, medical care and energy plans. Many of these measures and plans involve the deep-seated and strategic level of the American economy, and may even affect the free market economic model that the United States has been advocating since the Cold War and the concept of minimizing government intervention and "market regulation is king". Since Roosevelt's New Deal, the government's role in the economy has never been so important and direct as it is today.

If these "answers" are subdivided, they can be roughly divided into two categories. One is "rushing to answer questions"-temporarily answering little questions, such as cutting government spending, prohibiting lobbying groups from interfering with the use of bailout funds, boosting stock market confidence, and reducing taxes for the middle class. The other is a "mandatory question"-there is no immediate answer that is not enough to get out of the predicament, such as the reorganization of automobile enterprises, the acquisition of toxic assets by financial enterprises, the salary limit entrusted by the government to the top management of enterprises, budget, economic stimulus plan and huge deficit.

It can be said that Obama's wonderful performance in answering questions has added a lot of impression points to him.

By reducing taxes for the middle class, he dispelled the doubts of those who had a better impression on the party and stabilized the hearts of the most dynamic class in the United States. By announcing the ban on lobbying groups, the confidence of enterprises and society in the administrative ability of the new government in the economic field has been boosted; By boosting the confidence of the stock market, it has brought a long-lost mid-term rebound to the stock index and restored the vitality of some American financial markets to some extent; By cutting government spending, we will show the whole society our determination to deal with the financial crisis. In short, by taking the initiative to answer questions, Obama won many impression points and the support of grassroots people. These impressions and support will help Obama convince Congress to accept his own economic ideas, and help him buy more time for himself and the government to prove the efficacy of his economic prescription.

But in terms of mandatory questions, Obama's report card is much inferior.

Of course, he launched an ambitious rescue plan and made a grand budget, but these plans have an empty program and framework, but they are hesitant about where the money comes from. On the one hand, he made an unprecedented budget scale, on the other hand, he vowed to cut the deficit by half by 20 13 years ago, but he completely ignored the incompatibility between the two; He vetoed the unpopular restructuring plan of car companies and spent money to buy toxic assets, but failed to come up with a clear and convincing regulatory idea on the most concerned issue of government capital injection efficiency; On the issue of high salary of executives, he was slow to respond at first, and then overcorrected, giving people the feeling that "the government was pushed away by public opinion"; Although his budget was finally passed, the tortuous and difficult process made people feel a cold sweat.

Not only that, the government has been in power for a hundred days, but his economic team is still dissatisfied. The deputy ministers and important assistants of many important departments are still understaffed, so it is obviously not conducive to the maturity and stability of the government's economic policy, nor to boosting the confidence of the people and society in the government's economic governance ability.

The key point is that although Obama has said so much and done so much on the economic level, the overall economy and finance in the United States have not improved significantly, and the downward trend will obviously continue for some time. It has been some time since the financial crisis broke out. Obama, who has only been in power for 100 days, is not a fairy, and it is impossible to change all this immediately. American society and people have a clear understanding of this.