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U.S. President Barack Obama Takes Office, Faces Some of the Biggest Challenges in U.S. History
When President-elect Barack Obama gets sworn into office as the nation’s 44th chief executive this afternoon (Tuesday), he inherits a country that hasn’t been this badly off financially since the Great Depression.
And President Obama can anticipate considerable sleep loss, for the recession-plagued U.S. economy and the accompanying financial crisis aren’t even the only challenges his administration faces.
He has not one, but two, medium-sized wars – one in Iraq and the other in Afghanistan – neither of which look easy to end with a fully satisfactory outcome. He has an ally, Israel, which has been threatened with annihilation by its enemy,…
20Jan2009 | Money Morning | 0 comments | Continued
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