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Presidents and Economic Development

Happy President's Day!!!

Here are a few major economic development projects initiated by some of our Presidents:

George Washington (1st)- Created the Bank of the United States

Thomas Jefferson (3rd)- Doubled the size of America with the Louisiana Purchase

Abraham Lincoln (16th)- Championed the Transcontinental Railroad and Morrill Act

Theodore "Teddy" Roosevelt (26th)- Opened global trade with the creation of the Panama Canal

Dwight Eisenhower (34th)- Signed the Federal-Aid Highway Act of 1956 creating our Interstate Highway System

Our Presidents continue to be catalysts for social and economic change. Just last month, President Barack Obama (44th) stated in his annual State of the Union Address:

"Will we accept an economy where only a few of us do spectacularly well? Or will we commit ourselves to an economy that generates rising incomes and chances for everyone who makes the effort?"
- President Barack Obama
State of the Union, January 20, 2015

Being President is no easy job. Whether we agree or disagree with their policies and programs, they are our nation's leaders and we are to pray for them.

To our nation's six living Presidents, thank you for your service!!! Happy President's Day!!!







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