items tagged with Barack Obama

The unemployment rate in the U.S. now stands at 9.5 percent and soon will top 10 percent. And the number of U.S. households on the verge of losing their homes soared by nearly 15 percent in the first half of this year. This has caused some economists to question whether the country is headed toward another economic meltdown - a point of no return. However, watching the news coverage of Barack Obama's adventures while in office, you might be forgiven for thinking there were no problems left to solve in terms of the economy.