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What kinds of economic policies will Obama administration take?
Nov 7, 2008 02:31
  • YVONNE
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US presidential election has ended and Barack Obama defeated John Mccain and became the first black US president. Congratulations to Obama! Mr Obama has win the presidential election but can he lead US to combat the financial crisis successfully? Will he stick to Bush's economic policies or just make his new economic policies? How his economic policies influence China and the other countries?

In the following weeks, Obama will build his own cabinet. Some source has reported that Lawrence Summers might become the new US Treasury Secretary. Lawrence Summers once served Clinton administration's Treasury Secretary. Do you think he will accept this job?
Nov 8, 2008 04:27
#1  
  • GARYKINKADE
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There are a lot of other factors and influences besides Obama and Lawrence Summers that may determine the Treasury Secretary position.
Nov 8, 2008 16:17
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  • MARRIE
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I just heard Obama planned to increase unemployment insurance considering the historic high unemployment rate, the figure is becoming more and more ugly. And his monetary policy could become conservative and other policis are to be in line with western euro's democratic socialism. I think USA is always taking the leadership in doing experimental development which involves lots of risks and chanlleges.
Nov 9, 2008 10:05
#3  
  • GARYKINKADE
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And even then, the official gov't statistic on unemployment is understated.
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Nov 10, 2008 20:31
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  • DREAMLIFE
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I am not sure what kind of economic policies Obama administration will take. But it is reported that Obama will review Bush's executive orders to see which he might abolish.
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