barack obama economic plan

Barack Obama economic policy is now faced with this very dilemma. So far, the U.S. economy which is run by the Republican leadership tends to the global market-oriented (market driven). Meanwhile, economic paradigm of the Democratic Party is strengthening the domestic economy is based on the growth of so little against the market economy system with the characteristics of strong efficiency and profit-oriented.

This type of economic system tends to maximize the capitalization of economic resources available. The objective is to reap all the profitable business opportunities. Alignments to the big investors so strong, so that the existence of large industries has impacted on the pattern of economic policies that run. Various strategies and tactics were effectively carried out throughout the competition won.

But in reality, the market economy system too far out of control. As a result, beyond a doubt the quality of the economy has fallen dramatically. In fact, banking liquidity drained away because of lack of attention to operational banking prudence (prudently banking system). Intermediary function started weak. Industrial companies have great difficulty in obtaining bank funding. Stock prices falling main. Capital markets can be contracted without predictable when it will end. The economy became less excited. In fact, swelled the state budget deficit and the GDP (gross domestic product) declined sharply.

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