Monday, February 14, 2011

"A year of graduation," Obama to produce the exam results

A year ago on January 20, Washington, United States, from all corners of the 200 million people braved the cold to listen to the history of the United States, the first Black President-bellac · Obama pledge: we are in crisis, the United States will pull through!

A chance, Obama's "first grade" has graduated and was a lot of voters believe the "Roosevelt's second" he, what kind of results you can explain to supporters? is summarized in one sentence: "is fairly good, but also can do better. ”

Economic performance "fairly good"

In Obama's lead, the United States economy is finally in the second half of last year went out of the Roosevelt era the biggest crisis since so many millions are still looking for the "rice bowl" hope of the people; the force pushing in the White House, the United States Senate last December adopted a landmark health care reform bill, for the majority of the population has brought the Gospel; and on the perpetrators of this crisis — the Wall Street Journal, Obama also led launched the history of the largest financial regulatory reform.

Obama took office during the first year of performance of the famous magazine the Economist, the evaluation is "fairly good, but also can do better."

Obama's greatest achievement is soon led the United States economy out of the great depression was the most serious financial and economic crisis.

The Wall Street Journal last week on nearly 60 Economist surveys show that the industry is generally expected that released this month by the United States in 2009 for the fourth quarter GDP growth rate will reach 4.3%, much higher than the third quarter of 2.2%. But this year, the United States by GDP growth rate is expected to increase by 3%.

You can do better

Although commercial mortgage, and other areas still not reassuring, but United States financial services industry's situation has stabilized. As of the end of last year, the United States Government's TARP program funding has been recycled, and 1640 billion have produced at least 160 billion in profits.

In the not very satisfactory employment market, the Obama administration of a series of measures also achieved positive results. The White House, said the President last year, shortly before the emergency stimulus measures, keep up to 200 000 jobs. In addition, analysts expected, although economic growth continues to slow, but the United States over the next 12 months of work is expected to increase 140 000.

As for the crisis of the financial industry sources, the Obama administration has also taken more stringent measures for the purpose. Last month, the United States House of representatives passed a long 1279 page financial regulatory reform programme, once the Senate passed and the President's signature, the programme since the great depression will be the largest financial regulatory reform.

Last week, Obama also announced another unprecedented decision — to large financial firms to introduce the "financial crisis in liability fee". It is estimated that this new tax is expected to be 12 years or so to raise 1170 million, in the next 10 years to raise funds for 900 million. Of these, approximately 60% of tax revenue will come from the United States ten of the largest financial enterprise.

However, in the back of a prosperity, Obama still has too many problems to solutions. Continuing decline in the rate of public support, is his best warning and impetus. United States, the unemployment rate remains high as two digits, the last year of the loss of jobs up to 420 million. At the same time, the budget deficit on a trillion, still hanging in the United States economy heads of a sword. Also, how to restrain the resurgence of protectionism, and China, and other major trade partners to maintain good relations but also is Barack Obama the next few years an important subject.

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