Today sees Barack Obama become the 44th President of the United States. On the eve of his inauguration he warned that the recession in the United States could drag on for years unless the country agreed to pump record amounts of cash into the economy.
Consumers and companies are folding under the forces of a collapsed housing market, global credit crunch and the worst financial crisis since the 1930s.The US recession, which started in December 2007, is already the longest in 25 years. Consumers are looking for guidance on surviving this crisis and how to save for their futures.
Clearly this is a difficult time for any incoming President and his early decisions will be scrutinised around the globe. He will have many key decisions to take in the first few months of his presidency, but if you could get him to agree on one single topic, what would it be? Perhaps if we get enough people agreeing on this it may even be picked up in Washington!
Comments
Post new comment