Obama’s economic policy

Like everybody I was fond Obama till election. But after he took office; everything got changed. I am sharing some of the key points of what I observed and how does it might affect US or US economy.

 

1. He loves US more than anyone - Yes he love US a lot. During his speeches at a university; there was a beautiful sentence I noted down when he said; Love your country and do for your country; don’t just compete with Bangalore r Beijing; instead of that become their Guru. This clearly shows his affection towards US and also what all he will for the country. I mean he will try hard to give them job and lastly it will result in loosing competitiveness of US companies as Banglorean and Beijing are not only cheap employee but intelligent too. Sometime more love causes more damage. Love your country but not emotionally. Use your mind for future development because of immediate policy changes. Otherwise US only will suffer.

 

2. He hates white a lot - I went through ‘Dreams from my father’. I felt it is more or less hattered nothing else. Looks he was quite upset with whites. If the power will be given to those people who hates other community then certainly the result will be bad. Everybody knows whites are better than black. What might be the reason. Might be possible to take revenge he will demote them from key position and give the power to those whom he like without considering the suitability of the candidate.

 

3. He wants to develop US to new level – Yap it’s true. He wants to make US much develop but again his decision is totally influence by the peoples demand of job. This is positive thing for the country but if he won’t take some key decisions certainly it won’t take time for US to face sharp competition from India or China in technology.

 

4. His speeches are amazing – It’s true. He has a charismatic personality. I compared his speeches with Clinton and Bush who are consider to be very good personality. Personally I found that he is much ahead to them. This is a strong point which will make other country to like him. He is a big diplomat as well.

 

5. He wants to become a big icon of US – To become big icon, he is ignoring companies who produce jobs in the country like in the case of GM, he asked them since the first day to file for bankruptcy, which finally cost them 2.5L jobs. GM was icon of US before but his foolish attitude makes them down. His ignoring attitude towards US Big companies resulted in heavy recruitment by those companies in China and India.

 

Let us see what will be the result of huge expectation from him.

 

Thing must not be as simple as he think of. :)