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

Justices Turn Down Forex Market Maker's Defamation Suit
The suit centers around the NFA's publication of various documents related to a disciplinary decision involving a different company, Forex Capital ...
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Bank of America expects RBI to build $550-billion forex reserves
Bank of America (BofA) sees $550 billion as a comfortable foreign exchange (forex) reserve level for the Reserve Bank of India (RBI), and believes ...
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Forex Today: Run for safety keeps supporting the USD
Panic hit the financial word, amid concerns of the possible effects of the coronavirus on global growth. The illness spread outside China, with Italy, ...
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Forex - Dollar Gives up Gains as Traders Raise Bets on Fed Rate Cut
Investing.com ' The U.S. dollar gave up early-day gains on Monday, pressured by growing investor expectations the Fed could deliver a rate cut ...
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'Risk off' Pushes JPY Higher; USD, GBP fall on Expectations of Lower Rates; US Consumer ...
Worst day for stocks in around two years ' US market down 3.35%, Tokyo down similarly this morning, and both Shanghai and Shenzhen down 2%.
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Loss of interest rate support weighs on USD
The corona risk-off guided global FX yesterday, but parts of the market deviated from the standard script. Most striking, the dollar was in the defensive.
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Pension Insurance Market | Revenue (Million USD) and Growth Rate (%) Comparison by Product ...
Pension Insurance Market describes an in-depth evaluation and professional study on the present and future state of the Pension Insurance market ...
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