USA deficit,towering $1.4Trilloins

[Mohammad Saleem Chaudhry]

M Saleem Chaudhry Obama faced a catch 22 situation,caused by multiple quagmires,of two wars(Iraq,Afghanistan)plus economic melt-down with treasury drained through tax cuts by Bush.Sky rocketing unemployment compounded the situation.A transformation is gigantic challenge,along with social agenda of Obama.