How Obama influences the US Dollar & 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

'We don't have £3m' - Arsenal fans question club's finances for James Rodriguez loan move
Arsenal fans may feel as if they have little to shout about right now. Stan Kroenke has decided to limit the club's transfer budget, transfer guru Sven ...
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Legislative Coffees And School Finances
To better inform our patrons in the district about school finances, I will begin this month and every month moving forward with a new section called ...
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Shutdown taking toll on finances of federal workers
The federal shutdown is beginning to take a toll on the finances of many workers who are going on a month without pay. 'The longer this goes on, the ...
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Will Peru Be Affected By Netflix's New Rates'
The countries affected by the rate increase are: Uruguay 1S: USD 8.99 (no change) 2S: USD 10.99> 12.99 (^ 18%) 4S: USD 13.99> 15.99 (^ 14%).
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New Zealand Dollar to Rise in 2019 says BNZ, as Others Forecast Losses
They forecast the NZD/USD rate will return to 0.70 in time for year-end. However, the Pound-to-New-Zealand-Dollar rate is forecast to rise all the way ...
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HSBC in the 'Strong Dollar Camp' for 2019: Bloom
Schroders' Hornby says 0 Fed rate hikes in 2019 unlikely. The 'throng' of analysts warning that the U.S. Dollar will weaken in 2019 should be ignored ...
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