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The following article was published in our article directory on February 21, 2011.
Learn more about SpinDistribute Article Distribution System.

Obama Lost The Economic Power

Article Category: Business

Author Name: Amanda xzh

U.S. President Obama has already lost to the U.S. economy is headed fancies, the hand of power now slip republican. Soros over to Democrats donation program of tens of millions of dollars.

The central news agency reports, soros accept CNN programme "Zagreb kali Fareed Zakaria and GPS" (GPS) access points out, the republicans will by refuse any measures of tax increase, trying to cut service expenditures.

According to CNN released draft soros says, interview republican will reach purpose, although republican aim is "more inclined to cut cut service expenditures, and complete republican ideology target, rather than to push the economy. This will be a negative effect on economic".

Obama 14 to congress 2012 accounting year budget, amount up to 3.7 trillion dollars. Federal budget deficit for the fourth consecutive year is expected to more than $1 trillion dollars. Republican control of the house has U.S. federal legislation through, cancelled hundreds of federal programs, total cut at least us $61 billion spending.

Soros says, in the republican budget cuts expenditure of enterprise's investment "still enough to promote the economic efficiency, thus unemployment remains will remain high. American January unemployment perched at 9%.

George soros says, the United States government may not be able to raise funds by bond market. "It is almost bound to happen, because we did not use of fiscal stimulus, because some of the ideology that government can't do a thing right, so you can't expect the government to help. Resources were idle, and the federal reserve is carrying out quantitative loose measures. I think that when this measures after they expire, will not continue."

George soros, says the United States will rise interest, thus stifle economic recovery.

According to the content of the respondents soros, house aspects temporarily not comment.

U.S. President Obama has already lost to the U.S. economy is headed fancies, the hand of power now slip republican. Soros over to Democrats donation program of tens of millions of dollars.

The central news agency reports, soros accept CNN programme "Zagreb kali Fareed Zakaria and GPS" (GPS) access points out, the republicans will by refuse any measures of tax increase, trying to cut service expenditures.

According to CNN released draft soros says, interview republican will reach purpose, although republican aim is "more inclined to cut cut service expenditures, and complete republican ideology target, rather than to push the economy. This will be a negative effect on economic".

Obama 14 to congress 2012 accounting year budget, amount up to 3.7 trillion dollars. Federal budget deficit for the fourth consecutive year is expected to more than $1 trillion dollars. Republican control of the house has U.S. federal legislation through, cancelled hundreds of federal programs, total cut at least us $61 billion spending.

Soros says, in the republican budget cuts expenditure of enterprise's investment "still enough to promote the economic efficiency, thus unemployment remains will remain high. American January unemployment perched at 9%.

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