World Watching After Obama Victory
The historic election victory of Barack Obama has the whole world watching the United States. The current economic crisis, the worst since the great depression, has been cited as a major factor contributing to Obama’s victory. The election is seen, in part, as a repudiation of Bush economic and monetary policies. Excitement about the election of Democrat Obama as the first black president has been tempered by the realization of the challenges he faces as the US economy teeters on the brink of recession.
