Obama and the Economy

Barack Obama is the 44th and current President of the United States of America. He is the first African-American to lead this country and the first president born outside the continental United States. He's been in Office since January 20, 2009.

Today, The United States faces its most serious economic crisis since the great depression.

Working class and everyday-people saw their incomes decline by $2,000 in the economic "expansion" from 2000 to 2007, now even deeper income losses are on the horizon. Savings and Retirement accounts have lost $2 trillion dollars. Markets have gone down 40% in the last 12 months. Millions of homeowners who played by the rules can't make their mortgage payments and are confronted with the possibility of foreclosure, as home prices have plummeted. With credit markets nearly frozen, businesses large and small cannot access the credit they need to meet payroll and create jobs.

President Barack Obama and Vice-President Joe Biden, like any other politicians before them, have a plan to revitalize the economy. And they talk about job creation, relief for families, assistance for homeowners, and more legislation that will bring prosperity to the U.S. But reality is sometimes far from campaign promises, and there's always "reasons" why monetary policies are not working.

Latest news on Obama & the Economy

Exclusive: IRGC Runs Iran's Money Laundering Network In Iraq
The IRGC had established several banks and credit institutions to help it in its money laundering operations and circumvent US sanctions but after ...
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Trump struggles to respond to grand jury eyeing hush money case - MSNBC News
As a grand jury hears evidence in Donald Trump's hush money scandal, the former president tried to push back against the controversy.
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Money Mindfulness with Tom- Money Issues & Solutions - Greenwich House
Money Mindfulness with Tom- Money Issues & Solutions. February 14 @ 12:00 pm - 1:00 pm. |Recurring Event (See all).
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Chad Ochocinco Says He Would Fly Coach, Buy Fake Jewelry to Save Money - Insider
Chad Ochocinco told Shannon Sharpe that there was no need to spend money on jewelry or flying private when your name has value.
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Shapiro offers a money back guarantee on Pa.'s licensing and permitting process
'We know that time is money,' Shapiro said at a Capitol news conference held to announce his fourth executive order of his two-week-old administration ...
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Forex bureaus sell $1 at GH¢12.80, GH¢10.80 on interbank market as of February 1
As compared to yesterday's trading of a buying price of 10.7945 and a selling price of 10.8053. At a forex bureau in Accra, the dollar is being bought ...
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Naira stable at forex markets amid new note scarcity - Premium Times Nigeria
The official window opened at N461.50 and closed at the same rate but had $85.04 million posted as foreign exchange turnover recorded within the ...
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Best forex brokers in February 2023 - Yahoo Finance
Trillions in currency are zipping around the world, making foreign exchange markets the world's most active.
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Guide to Maximize Profits with AUD Forex Trading in Australia - Financial News
Forex trading is a popular investment choice in Australia, with the Australian dollar (AUD) providing an attractive option for Australian Traders.
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Forex: J$154.10 to one US dollar - Jamaica Observer
Forex: J$154.10 to one US dollar. '. Jan 31, 2023 7:11 pm. '. KINGSTON, Jamaica' The US dollar on Tuesday, January 31 ended trading at J$154.10 ...
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Caterpillar profit slides as costs and forex squeeze margins, shares down - StreetInsider
Caterpillar profit slides as costs and forex squeeze margins, shares down ... FREE Breaking News Alerts from StreetInsider.com! ... Get instant alerts ...
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