Rare ALS as president, one page, 6.5 x 4, White House stationery card, postmarked January 11, 2010. Handwritten letter to Jennifer Cline, in full: "Thanks for the very kind and inspiring letter. I know times are tough, but knowing there are folks out there like you and your husband give me confidence that things will keep getting better!" In very fine condition. Accompanied by the original White House mailing envelopes, as well as a copy of a Huffington Post article from November 2, 2010, which lends background on the recipient, Jennifer Cline, and the original sale of the letter.
The inauguration of Barack Obama coincided with one of the worst financial crises since the Great Depression. Only a month later, on February 17, 2009, Obama signed the American Recovery and Reinvestment Act, a $787 billion economic stimulus package designed to cut taxes, extend unemployment benefits, and fund public works projects. The plan worked gradually, and within seven months' time the nation's GDP growth turned positive thanks in part to $240 billion pumped into the economy. During his State of the Union speech on January 27, 2010, Obama declared 'the markets are now stabilized, and we've recovered most of the money we spent on the banks.' From the time of that message to the day Obama left office, an on-the-mend US economy created about 2.4 million jobs per year. An inspiring message of hope relating to what is perhaps Obama's greatest accomplishment—handwritten letters from Obama as president remain especially scarce.
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