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President Obama wants economy to go into overdrive

A new Associated Press-GfK poll reported today that more than fifty percent of the country does not agree with President Obama’s strategies to combat high unemployment as the president continues to focus on job creation via business friendly policies emphasizing innovation and exports. At the midpoint of his four year term, President Obama paid a [...]

The overall deficit of the nation to reach nearly 1.6 trillion soon

On Wednesday budget experts revealed that the deficit spending amount of the Government will reach $1.5 trillion in 2011. The reasons for this figure can be attributed to the sluggish recovery of the economy and the laws pertaining to tax cuts in the last month. This report has revealed that Barrack Obama’s move to freeze [...]

House Building Rates Dip to Historically 50 Year Low In US

There emerged an unfortunate news on the US front when recent reports claimed that the US home building rates have fallen to nearly a 50 year low. This has raised concerns as the number of homes that are being built in the nation has fallen faster than anticipated. This is of course a main cause [...]

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