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

MSN Money | EUR / USD Price, Converter and News
last updated ' September 18 at 01:36:38 PM PDT'-0.003099 ('-0.26%). From. EUR ' - Europe Euro. '1.00. To. USD $ - United States Dollar. $1.1789.
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EUR/USD Forecast Euro Dollar for September 18, 2025 - FOREX24.PRO
At the time of publication of this forecast, the Euro to Dollar exchange rate is currently at 1.1862. As part of the Forex forecast for September 18, ...
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MSN Money | USD / ILS Price, Converter and News
last updated ' September 18 at 12:50:14 PM PDT'-0.001299 ('-0.04%). From. USD $ - United States Dollar. $1.00. To. ILS ' - Israel Shekel. '3.3382.
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GBP/USD Slips As BoE Holds Rates, Scales Back QT And Signals Future Cuts | TalkMarkets
GBP/USD retreats after BoE 7'2 vote leaves rates unchanged and trims Quantitative Tightening program to £70B.
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Japanese Yen Price Action Setups: USD/JPY, EUR/JPY, GBP/JPY - FOREX.com
Tonight brings the Bank of Japan rate decision and USD/JPY still holds within a range formation, while EUR/JPY has recently broken out from an ...
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Stocks hit fresh record high, US yields rise after Fed rate cut | Reuters
... price increase.' The U.S. dollar strengthened against major peers after the Fed's announcement and as Powell spoke to the press. The dollar ...
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Bull run in stocks continues with US dollar rising after Fed rate cut | Reuters
World equity markets reached a new peak on Thursday, powered by a continuing bull run on Wall Street, while the U.S. dollar gained against major ...
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Bull run in stocks continues with U.S. dollar rising after Fed rate cut
NEW YORK ' World equity markets reached a new peak on Thursday, powered by a continuing bull run on Wall Street, while the U.S. dollar gained ...
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Dollar recovers as Fed fails to meet dovish expectations - Reuters
The U.S. dollar rose against most major currencies on Wednesday, a day after the Federal Reserve delivered an expected rate cut but signaled ...
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Stocks hit fresh record high, US yields rise after Fed rate cut - Reuters
Fed signals start of monetary policy easing cycle · Benchmark 10-year yields rise · US dollar strengthens against peers · Gold prices settle lower after ...
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