<span> </span>created<span> after the First World War to provide for resolving international disputes.</span>
The U.S. debt in 1783 totaled $43 million. That year, Congress was given the power to raise taxes to cover the Government's costs. ... To help raise money, federal bonds were issued by the Government. 1775 - Paying for the American Revolutionary War was the start of the country's debt
Obama is a good leader, because he is trying to bridge the gap between the rich and the poor. A wide gap between the rich and the poor is never good. We can look back into history to see this. For example, in the Tang Dynasty, the rich got out of their taxes, so the poor had to pay more, which widened the gap. The dynasty soon fell. While it may not be working completely yet, Obama is doing all he can to fix this problem.
Side note: This is a very democratic stance on American politics, however it is more of a democratic question, as Obama is a democrat.