The U.S. Economy Takes Another Negative Turn

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The U.S. Economy Takes Another Negative Turn

February 5. 2011

Barack Obama

U.S. President Barack Obama, is imploring American business leaders to do more hiring, as reports released this week indicate, job growth in the nation is "sluggish." However, the administration is not doing its part to ensure an economic recovery, as the wasteful financial methods it has chosen, is adding to national debt and international despondency, over the safety of investments in the country.

Businesspeople, nationally and internationally, are not encouraged when they witness flagrant spending by the government that is asking them to spend more as well, during a financial crisis. The U.S. government is currently engaging in conduct it told the American people not to do, borrowing and spending beyond one's means. Other nations continue to outpace America in recovering from the financial crisis and it is due to Washington's massive overspending.

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