1. war on iraq
... that in turn will encourage the US central bank, the Federal Reserve, to leave interest rates on hold at a 40-year low of 1%. Low interest rates have also boosted the housing market, and encouraged people to re-mortgage their homes, releasing capital into the economy. But consumers have borrowed heavily to ... unemployment, with the Democrats still able to claim that Mr Bush will be the first president since Herbert Hoover to leave office with fewer people in work than when he came into power. Unemployment is not as high as when the first President Bush was defeated by the upstart ... ...
- Word Count: 2819
- Approx Pages: 11
- Grade Level: Undergraduate