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The President of the United States is the head of state and head of government of the United States. The president leads the executive branch of the federal government and is the commander-in-chief of the United States armed forces.

The president is indirectly elected by the people through the Electoral College to a four-year term, and is one of only two nationally elected federal officers, the other being the Vice President of the United States.[6] Since 1951, presidents have been limited to two terms by the Twenty-second Amendment. In all, 43 individuals have served 55 four-year terms.[7] On January 20, 2009, Barack Obama became the forty-fourth, and current, president.

In 1783, the Treaty of Paris left the United States independent and at peace, but with an unsettled governmental structure. The Second Continental Congress had drawn up the Articles of Confederation in 1777, describing a permanent confederation, but granting to the Congress—the only federal institution—little power to finance itself or to ensure that its resolutions were enforced. In part, this reflected the anti-monarchy view of the Revolutionary period and the new American system was explicitly designed to prevent the rise of an American tyrant.

However, during the economic depression due to the collapse of the continental dollar following the American Revolution, the viability of the American government was threatened by political unrest in several states, efforts by debtors to use popular government to erase their debts, and the apparent inability of the Continental Congress to redeem the public obligations incurred during the war. The Congress also appeared unable to become a forum for productive cooperation among the States encouraging commerce and economic development. In response, the Philadelphia Convention was convened, ostensibly to devise amendments to the Articles of Confederation, but which instead began to draft a new system of government that would include greater executive power while retaining the checks and balances thought to be essential restraints on any imperial tendency in the office of the president.

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