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Tag Archives: American Economy

American deficit hits $14 trillion!

The government deficit has ballooned to an all-time, eye-popping high: $14 trillion. And what does the frightful milestone mean for the average American? A whopping historical record $45,300 for each person. While the government spending debate has been going on for decades, the upcoming one will center around whether or not Congress will lift the legal debt limit or rework ... Read More »

Obama: Say no to bangalore,yes to New York

The most promised move by American President Barack Obama in his election campaign is about to be implemented. President Obama promised to create job oppurtunities for American citizen within 2 years. Seeing American economy growth as top priority, he quoted of implementing tax to the companies that provide outsourcing to countries like India,china,etc., Obama announced that it is an end ... Read More »