Barack Obama
A recently released report indicates, the cost of living in America has risen, which is terrible in light of the fact unemployment has steadily done the same as well. To have these two components of the economy rising, reveals the government is failing in taming the current financial depression.
Normally, during a recession or depression, the cost of living begins to decrease, as retailers and service providers observe and adjust to the financial climate. This anomaly in America indicates that is not happening. This is most likely due to the bailout giving a number of companies in the corporate sector a false sense of security, leading them to believe they can charge people whatever they feel like.
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