Difference between revisions of "Obamanomics"
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| − | '''Obamanomics''' is a school of economic thought and policy being pushed by the [[Obama Administration]]. With unemployment at 10.2% as of October 2009<ref>[http://www.newsmax.com/newsfront/jobs_lost/2009/11/06/282644.html ''Newsmax'': "U.S. Jobless Rate Hits 10.2%; 190,000 Jobs Lost"]</ref> and inflation also rising since the beginning of Obama's term, it is proving to be a failed system. | + | '''Obamanomics''' is a school of economic thought and policy being pushed by the [[Obama Administration]]. With unemployment at 10.2% as of October 2009<ref>[http://www.newsmax.com/newsfront/jobs_lost/2009/11/06/282644.html ''Newsmax'': "U.S. Jobless Rate Hits 10.2%; 190,000 Jobs Lost"]</ref> and inflation also rising since the beginning of Obama's term<ref>[http://blogs.wsj.com/economics/2009/04/17/what-deflation-consumers-see-inflation-rising/ The ''Wall Street Journal'' Online: "What Deflation? Consumers See Inflation Rising"]</ref>, it is proving to be a failed system. |
==References== | ==References== | ||
{{reflist}} | {{reflist}} | ||
Revision as of 22:41, November 6, 2009
Obamanomics is a school of economic thought and policy being pushed by the Obama Administration. With unemployment at 10.2% as of October 2009[1] and inflation also rising since the beginning of Obama's term[2], it is proving to be a failed system.