Jobs, Careers, Employment, Aarknet

The newly elected president of the most powerful economy of the world, Barack Obama, has come in at a time when the economy is going into shambles. This challenging situation puts him in a lot of stress and responsibility as his decisions are not only going to affect America but also the rest of the world, since this is a “global” economic crisis.

USA trades with many nations of the world and many economies keep their reserves in US dollars. The banking system is so interdependent that the shocks will be felt by everyone, everywhere. A classic example is that of the recent setback of AIG.

Therefore, we need to view and assess the new President’s economic policies to forecast its affects on other economies. Housing, health, education, infrastructure, clean energy and “green” jobs are the essence of his economic revitalization strategy that is expected to create million of jobs in the USA and in turn bring the economy out of the prevailing crisis.