Thursday, 6 August 2009

Is Obama’s economic plan working?

Link to the article: Channel 4 News

Even with signs that the US economy is improving, high unemployment remains a major problem in the country's heartlands.

Unemployment in the US has hit a 26 year high - with almost 10% out of work. On the flip side, new claims for unemployment benefits have fallen by more than expected.

Last night President Obama headed to Elkhart, Indiana, home of the motorhome industry, where unemployment has quadrupled in just a year.

The president, however, insists his stimulus plan is working.