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The following article was published in our article directory on September 14, 2010.
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U.S. Economic Recovery Slow Pain

Article Category: Business Management

Author Name: Amanda xzh

President Obama has in his first few months at the news conference, conceded that the U.S. economy bounce back from recession in the process "painful and slow", but insisted that the economy will continue to grow, because his government is implementation of the new economic policy.

However, recent opinion polls showed that more voters do not agree with Obama's economic measures.

For the voters on the U.S. economy and unemployment anger, Obama is committed to promoting the development of a new 350 billion U.S. dollars of economic stimulus plans, including 200 billion U.S. dollars worth of business tax cuts, permanent extension and raised commercial research and development tax concessions in the next 10 years could save 100 billion U.S. dollars for the enterprise cost.

But Obama also admitted that, if the mid-term elections, voter turnout is based on consideration of the U.S. economy, then the Democratic Party fear will be lost.

Poll results are not optimistic about Obama

The latest opinion polls unanimously show that many Americans work on the Obama Air Pollution from critics of the economy. In addition, there are some people whether the Government can make the United States back on track skeptical.

From "National Journal" and the Allstate insurance company released a public opinion survey, 62% of respondents think the U.S. has been led astray. The data comes from in the end of August on a survey of 1,200 adults. Survey shows public support for Obama over the past few months, fell to 46%. Most of the respondents think the government should play a role in the economy, but many people are able to effectively deal with Washington is skeptical of Economic Affairs.

In addition, ABC and the "Washington Post" The joint poll showed that 33% of respondents believe that Obama's economic measures to make economic conditions worse, 30% of the respondents believed that Obama's economic measures to improve the economy . This is the first time that polls show more voters do not agree with Obama's economic measures. Economy to the American public dissatisfaction with the federal government to achieve the highest level in 18 years. From the 2010 midterm elections now just two months, voters in 53:40 ratio, support for Republican candidates to enter parliament, this is ABC and the Washington Post poll has been held since 1981, the Republican leader in the largest gap.

Scholars are not optimistic about the U.S. economy

The "Dr. Doomsday," said Professor Roubini at New York University pointed out that Obama proposed infrastructure and business tax cuts will not boost the U.S. economy. In his view, Obama proposed R & D and investment tax credits and other measures and infrastructure spending programs are in line with economic logic, but the scale is not enough to significantly boost the U.S. economy.

According to "miscalculation", as the U.S. unemployment rate is high, huge budget deficits, economic recovery is slowing down, other economists are not optimistic about the U.S. economic outlook.

"The New York Times" columnist Brooks said: "We are in another stage of the unemployment rate improved, wages have been declining for decades, the labor market problems are very serious and difficult."

Nobel Laureate Paul Krugman is also worried that if the Republicans return to power, would be a further blow to the weak economic recovery. He said: "If implemented, this week, House Republican leader Bernardo idea put forward by the economic consequences will be unimaginable, only jobs to reduce the deficit will continue expanding."

Another Nobel laureate in economics, Smith said: "We must face the fact that we almost certainly have a long hard."

Economic measures as fatal to the election

In the ABC interview, Obama said: "If the election is about 'whether people are satisfied with the status quo' and started to vote, then our poor performance, because it seems everyone feels that the U.S. economy than it is now supposed to be better. "

Obama said the Democratic Party is fighting for the beleaguered middle class, faction, and criticized the Republican in the Senate to prevent the adoption of a tax cut for small businesses and provide loans to the motion, so that they can expand its operations and hiring new ones. He also supported the continuation of tax breaks for the middle class, but the Americans to stop the rich tax breaks. He said that if the Republicans win Congress in the midterm elections in control, they will use their majority status to promote Yanchanggeren earning more than 250,000 U.S. dollars in the Bush era tax cuts, leading to economic recession once again.

In response, Republicans said Obama's economic policy has reloading the U.S. Treasury hundreds of billions of dollars, but failed to reduce the unemployment rate of 9.6%.

In addition, the election favored the Republican Party has long claimed that Democratic voters should be dismissed because of Obama's economic policies hinder economic recovery. Now they may use the poor to raise the ratio to prove that.

According to U.S. media reports, demographers estimate that the first Obama administration, the U.S. poverty rate could surge from 13.2% to 15%. May increase the tendency of poor pressure Obama to urge his re-election in 2012, Qian expanded government welfare programs though Republicans have criticized the Ta caused Lianbang expenditures and deficit surge, sway the election, these voters are very concerned about the affairs of the independent .

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