Since 2009, when President Barack Obama was elected, U.S. economy has been facing a huge downfall and value of U.S. dollar is constantly decreasing. Unemployment rate is 9% and social security and military needs are not being met. In other words, the progress of American economy has come to a complete halt despite Obama's efforts to control it. President Barack Obama passed different bills to give military and non-military aids to Pakistan to promote stability of Pakistan’s e...
American economy Tag's Archives
Sep
24
2011feed
Who’s Responsible for The Destruction of U.S. Economy?
Thursday night, during Republican presidential debate on Fox News, Michele Bachmann said that President Barack Obama destroyed the American economy. Whether this statement is true or not? Let's take a view. Analysis shows that American economy has been constantly declining for the past 100 years. Franklin Delano Roosevelt (32nd president of United States) brought American economy a little down from it's previous state at that time. Richard Milhous Nixon (37th p...