Showing posts with label usa obama second term inauguration economy oil crisis greece prices income imports jobs unemployment. Show all posts
Showing posts with label usa obama second term inauguration economy oil crisis greece prices income imports jobs unemployment. Show all posts

Tuesday, January 22, 2013

Obama's first successful term analyzed

According to WSJ, they are the numbers of Obama's first four years as economic president.


Apart from the clear turn he wanted to make, and successfully made in cutting down government employers and opening jobs in the private industry, he managed a whole lot of side successes by not lowering average wage in this transition phase of the economy and lowering the oil prices. He succeded in making the last with both orthodox and ambiguous methods. This change owes its existence partly in the death of Osama bin Laden, partly in the invasions in some oil-producing countries, some of which were not achieved (remember the Kony 2012 campaign) and some of it in moves by his government that actually saved money for his people.

All in all, EconMan believes that he surely deserves another run and this blog fully backs him to bring further success for America and everyone whose interest collaborate with its.