Difference between revisions of "Obamanomics"

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(Add citation for inflation)
(Removed citation as it is inaccurate; it is a forecast after further reading. Can't find any evidence of current inflation, rather deflation. Thoughts?)
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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<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.
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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.
  
 
==References==
 
==References==
 
{{reflist}}
 
{{reflist}}

Revision as of 22:56, 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, it is proving to be a failed system.

References