US Economy

At the State of the Union, it is expected that Obama will turn to setting out more gritty detail on domestic priorities for this second term. Undoubtedly, a large part of the speech will focus on how the United States can protect their economic recovery and create jobs.
With Britain facing the prospect of a triple-dip recession America is examining its own austerity policies and looking to
How can President Obama make good on his campaign promises to strengthen the welfare state, invest in America's crumbling infrastructure and preserve American leadership in world affairs - all in a period of sluggish growth and continued economic uncertainty? The president will have the first of two important opportunities to provide some answers at his inauguration this Sunday.
Investors were clearly thinking along traditional lines last week and wanted Romney, but the Obama victory doesn't have to be such a bad result for them. Chances of reaching a deal to avoid the fiscal cliff have increased a little bit with the outcome of these elections. And the outlook for getting to a more comprehensive agreement on getting back on a healthy fiscal track have improved somewhat with a second-term president and less power for the Tea Party.
The exit polling data is clear. Apart from political party, no other measure explains the outcome of the election more than race and ethnicity. Not gender, not religion, not age.
More than 1,000 people live in dirty, rat-infested underground flood tunnels way beneath Caesar's Palace at The Luxor casino hotels. Disease and highly poisonous spiders are the major concern. Begging and 'dumpster diving' for food is how they survive. Many of those who call this home are former war veterans or those who came to Las Vegas in pursuit of the American dream. Drink, drugs and depression are now their way of life. So, who do the residents of underground Vegas want to win on Tuesday? I'll be finding out as I spend the next few days broadcasting for Sky News from Nevada.
The idea that the choice lies in either saving the climate or the economy is nonsense; dealing with the causes, effects and outcomes of climate change will provide a huge economic stimulus it itself. Which begs the question, what are they waiting for.
Mark my words the 2012 Presidential Election is all going to come down to Ohio. Other swing states like Florida, Virginia and Colorado are going to be important but looking at the electoral map, all roads lead to the buckeye state and its 18 Electoral College votes. The candidates know it and Ohio knows it too.
As much as I see Obama as a disappointment, I still feel he would be the lesser of two evils. And, many voters will see it the same way.
Despite mass unemployment, low-growth economy and falling living standards, privatization remains the ultimate dogma of the neoliberal doctrine.