Some states have adopted legislation to freeze foreclosures and give homeowners a chance to modify their mortgages. This has slowed the rate of foreclosures. However, there are still 25% more foreclosures this year when compared to last year.
Almost any given day there is a story about job layoffs or plant closing. So, Mr. President Elect it will soon be your move. Hope you have a real plan...
Here is one author's suggestion: How Obama should fix the economy
And while President Obama is at it, perhaps he can solve the drop out rate too. Surfer Dude says that if more teachers were like this Hungarian Teacher in the video, the drop out rate among young males would decline. Apparently some Hungarian teens played a game of Truth or Dare with their teacher. She decided to keep their interest with her rendition of a striptease. Parents were rightfully upset, but the local education officials have no plans to fire her. Her class attendance rate is nearly 100%. video of the incident (SFW).