Barack Obama
With three months left until the 2012 Presidential
election, U.S. President Barack Obama, is struggling regarding decisions
about the depressed economy. The closer the nation gets to the election,
the worse the economic news has been coming out of Washington, regarding
unemployment and foreclosures.
The economy is falling behind again, while other global counterparts
such as Canada, have surpassed America in personal wealth, regarding its
citizens. This is a clear indication that the Obama Administration has
taken the wrong approach to solving the financial crisis.
Even Federal Reserve chief, Ben Bernake, is at wits end.
The puzzle wasn't that difficult. Raise taxes on the rich and make
government budget cuts. However, somewhere along the line, someone convince
President Obama otherwise and that, among other things, it is going to cost
him a second term in office.
RELATED
ARTICLES