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Monday, February 23, 2009

Obama is pressurized

As you all should know, we are having a recession currently and Obama is the new president of America, hence he is given the huge responsibility to save the world from total bankruptcy while have other problems such as wars.
The current recession is one of the worst, the last time we were in this kind of sticky situation we ended it off with a war. Obama's 800 billion stimulus plan is targeting at creating more jobs which in turn will generate a more confident mood according to one article in today's Straits Times.I think he is doing the right thing as this will get more investors to invest and get the market up and going again. If U.S cannot recover, the European Union will not grow after the sharp decline.
Obama has also a need to deal with the war in Afghanistan and Iraq, he has to review the policies given to meet their demands and not have a war in the middle of the recession. North Korea and Iran has also posed a nuclear threat on the United States as this weapons are of mass destruction. There also two emerging powers in Asia, India and China. Their economics has been growing rapidly recently.
Obama has to make wise decisions in order for America to retain its role in the global affairs.He is capable of ending the recession.Since the article is about Obama I think that this a character-driven story.
(Information from 23Febuary 2009 Straits Times Navigating the global crisis post)

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