The President's Economic Recovery Advisory Board is a very recent creation within the executive branch of the United States federal government. The President's Economic Recovery Advisory Board was created on February 6 of 2009 by President Barack Obama in order to provide the President and other members of the executive branch with information concerning the recent economic recession and its effects, and ways to combat those effects.
The President's Economic Recovery Advisory Board is thus a specific response to these circumstances, and thus the President's Economic Recovery Advisory Board is currently slated to exist for a total of two years. The exact success of the President's Economic Recovery Advisory Board will determine whether or not its existence is prolonged by the executive branch for any further amount of time.
The President's Economic Recovery Advisory Board was designed to include advisers who were not associated with the government prior to becoming members of the President's Economic Recovery Advisory Board, and it was also designed to ensure that these experts spanned a wide variety of different subjects in their expertise. The reigning idea behind the President's Economic Recovery Advisory Board was thus to provide the executive branch and the President with ideas and information from sources which might not have normally been heard within the federal government.
The President's Economic Recovery Advisory Board has not been without criticism so far, particularly in that its efficacy remains yet to be determined, as the economic recession might have abated somewhat, but it is currently not certain whether this is due to the efforts of the President's Economic Recovery Advisory Board or even of the executive branch in general.
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