As you may know by now that Barack Obama won the race against his Republican rival , Senator John McCain to become the first African American president. Obama beat McCain by a two to one margin. Obama's victory gave the Democratic party control of both the White House and the Congress for the first time since 1992. After the eight year term of George W. Bush the American electorate were very ready for a change because they wanted something new. Many analysts said the Obama's campaign use a good source of modern technology; like cell phone calls, texts and e-mail to reach the younger first time voters. The deteriorating and sinking stock market left the middle class voters fearing of their life's saving. Other things that helped Obama win were McCain's failings about the stock market and Obama's choice in the Vice President Senator Joe Biden because he helped relate to working class Democrats and independent voters in the key states that Obama won.
As the Democrats gained the majority of the house after last Tuesdays election day, the Democrats moved to mandate their action plan. The plan would have a $100 billion immediate stimulus spending and new tax cuts for the middle class in the early of next year. Congress has already approved a $25 billion loan package. Today President - Elect Barack Obama meet with President George W. Bush at the White House to talk about the smooth transition to President. This was the first time the two have spoke, since Obama was elected the next President.
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