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

Not your money: 'Powerless' Trump watches as his attempted 'spending freeze' gets frozen!
Like all U.S. Presidents, Donald Trump does not have independent spending power, which The Constitution vests in Congress. President Trump may be ...
>> Read more here

Chips, China, and a Lot of Money: The Factors Driving the DeepSeek AI Turmoil
Two experts discuss the Chinese AI startup that's causing global turbulence and what they're watching for in the coming weeks.
>> Read more here

'Stealing our lunch money': NYC pols fume over Trump's federal funding freeze ... - amNewYork
City Comptroller Brad Lander and other city officials urged Mayor Eric Adams on Tuesday to either directly sue or join other legal actions to ...
>> Read more here

A cool guide for saving money : r/coolguides - Reddit
826 votes, 45 comments. 5.8M subscribers in the coolguides community. Picture based reference guides for anything and everything.
>> Read more here

Top Technologies powered Modern Forex Trading Platforms in 2025 - NASSCOM Community
Forex trading platforms have changed a lot in 2025 because of amazing new technology. In the past, traders did everything by hand and used very ...
>> Read more here

Palantir (PLTR) Stock Skyrockets, Set to Reach 20x from 2022 Low - Forex News by FX Leaders
Palantir (PLTR) stock continues to exhibit strong upward momentum, raising the question: How far can this rally go before encountering a ...
>> Read more here

Forex Today: It is not the Fed's decision, it is the message - Mitrade
The US Dollar regained balance and rebounded sharply, helped by the modest rebound in US yields and another tariffs story, all ahead of the key ...
>> Read more here

Exclusive: Kama Capital gets UAE SCA Category One License - FX News Group
FNG has learned that Dubai based Retail FX and CFDs broker Kama Capital has received a 'full' Category One broker license, from the UAE financial ...
>> Read more here