The analytic note written by such Democrats as James Carville and Stan Greenberg reads that the use of such a set expression as economic recovery is incorrect at best. This idea is explained the following way: the very notion of recovery is associated with the Republicans’ intension to put the US economy on the so called rails and with the fact that Obama’s administration had whole 6 years to implement this plan but they failed to do at least something in this direction, which essentially proves the inefficiency of this policy.
The Democrat strategists assure us that all those big words about improvement sound inconvincible at best and already start irritating the folks. At the same time, they express their concerns about the fact that in reality US politicians are do not care about all those problems and challenges they keep facing on a regular basis, Market Leader reports.
Still, there is a popular belief that the beginning of the economic recovery in the USA started after Obama moved to the White House. Prior to this, most economic indicators showed weakness but in Q3 2009 the US economy started showing signs of recovery. And they say, the US economy has been growing ever since. As of the rate of unemployment, it was around 7,8% in January 2009 and then reached the bottom at 10%. Since then, the rate of unemployment has been falling down. At this point, it is around 6,7%, which is confirmed by the official stats, courtesy by the US Department of Labor.
At the same time, the US Dollar is retracing against other majors again after recovering a little bit. The USD index is current trading around 79,78, Masterforex-V Academy reports. The closest strong levels of support are located at 79,385 и 79,06 while the key levels of resistance are around the mF sloping channel and pivot 80,74.
