The Daily Business Digest

Barack Obama did not expect to lose their domain seat few days back to the Republicans, and that has resulted in his party losing the simple majority in the senate. That would mean that Obama will be forced to take lot of populist and mass appealing measures like taxing the fat cats in Wall street, spending more taxpayer’s money into stimulus plans etc.,
And all these may not be good for the US economy in the long term, and hence many analysts’ are worried about the uncertain times for the world’s largest economy.
Let us see how Mr Obama handles the situation and comes out with flying colors. Let us all wish him all the very best on the tough job.