Post Recession In the UK
Currently the political pressure in the US seems to be put over one and only person - the US president Barrack Obama. His governance has been marked by the financial crisis that hit the States and the complications in the US economy. The country failed to cope with persistent issues that were brought within the system by previous governments and this is how Mr Obama suddenly faced problems that he could not adequately react to.
First issue was, as mentioned above the financial recession. The US lost quite a lot of capital and market positions, the unemployment rate (from emplyment areas like locum doctor job to smaller ones like council employees) in stable states like California increased dramatically and other essential reforms were put on hold so that the leaders of the country could focus in these issues of great importance. The bankcrupcy of several financial institutions, the reduced workability of companies like General Motors and Ford, the emergency policies by insurance companies and banks led the US almost to a point where everything seemed to be against the economy of the country.
With the end of the financial crisis, the post recession problems of the US are now influencing the reputation of a person who actually wanted to bring the change in the States. Mr Barrack Obama now faces not only the issue with the recovery of the US economy but has to also deal with the persistent military demands of the US - they still have affairs going on in the Middle East and Central Asia and these are some of the most funds requiring areas in the US budget.
So America is having a ’problem'- a president who is willing to contribute, a president with wider approach and apparently a good reasoning. However, the post recession events and conditions in the US slow him down and he is gradually loosing the confidence of the US public.
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