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Current event summary - Article Example

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In an article entitled “Obama: Too many Americans still out of work” published online in the Msnbc Digital Network dated 30 August 2010, President Barack Obama stressed that the US economy continues to struggle rendering “too many Americans…still struggling to find…
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Current event summary

Download file to see previous pages... According to Obama, there are other ideas to improve the nation’s economy which he would discuss in the coming days. He emphasized that despite a 10-day vacation spent at Martha’s Vineyard, the status of the nation’s economy through continued assistance in small businesses, among others, remain in his agenda.
Obama clearly indicated that “"every single day, Im pushing this economy forward, repairing the damage thats been done to the middle class over the past decade and promoting the growth we need to get out people back to work" (msnbc, 2010, par. 8).
There was related news in the areas of spurring economic activities in the form of “extending Bush tax cuts due to expire this year for households making under $250,000 a year, upping the nations investment in clean energy, rebuilding more roads and highways and tax cuts designed to keep jobs in the United States” (msnbc, 2010, par. 4). By assisting small businesses, employment in these organizations would be secured and contribute to economic growth and enhanced competitiveness in the long ...Download file to see next pagesRead More
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