Obama is fucking up the economy

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You are now logged in. Forgot your password? So, U.

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This article is from the archive of our partner. The President of the United States has many roles: commander-in-chief, head of state, chief comforter in times of tragedy, national model of the American dad. But President Obama has a unique role in American culture -- Explainer-in-Chief for Rap Music -- not only because he's the first black president, but because he's the first president who was in college in the s.

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Tim Geithner boarded the 6 a. US Airways shuttle to Washington last Wednesday at La Guardia, slid his rail-thin frame into seat 5C, then stared into the middle distance. Geithner is invariably described as boyish, but that morning he looked every one of his 47 years—and then some.

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Attempting to regain the political momentum after a calamitous two months in which his healthcare reforms were plagued by website failures, the president said reversing the growing gap between rich and poor was "the defining challenge of our time". Republicans in the House oppose the measure, which they say would be harmful to business. Obama delivered the remarks in Anacostia, one of the most deprived neighbourhoods in the capital, the day before hundreds of fast-food restaurant workers in more than a hundred US cities strike in a major demonstration over low pay.

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Tue 3 Jan As Donald Trump prepares to succeed him as US president later in January — a turn of events few could have predicted on that heady night in Chicago — we asked Guardian US specialist news writers to weigh up the Obama presidency: what did he achieve in various key areas of policy? And will it endure?

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You are now logged in. Forgot your password? Reason obtained a recording of the speech, however, and the most newsworthy thing about it is the simple fact that the public wasn't supposed to hear it.

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The president has packed his economic team with Wall Street insiders intent on turning the bailout into an all-out giveaway. Barack Obama ran for president as a man of the people, standing up to Wall Street as the global economy melted down in that fateful fall of He pushed a tax plan to soak the rich, ripped NAFTA for hurting the middle class and tore into John McCain for supporting a bankruptcy bill that sided with wealthy bankers "at the expense of hardworking Americans.

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Trump didn't fix the economy that Obama didn't break theweek. As a reminder, this subreddit is for civil discussion. In general, be courteous to others.

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On Wednesday, stocks in the Dow Jones Industrial Average showed its worst performance of after the bond market flashed a troubling signal about the U. The sell-off on Wednesday came after the yield on year U. Treasury bonds fell below the yield on two-year bonds for the first time since when the previous recession began. The Fake News Media is doing everything they can to crash the economy because they think that will be bad for me and my re-election.

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