Few US presidents have entered office with an economy in such turmoil as president-elect Obama.
But even before Obama is sworn in, Democrats are likely to push his agenda with urgency, because the economy otherwise could worsen quickly, complicating the task ahead. Below are some crucial issues that economists say will test the new administration, and how it might address them.
Technology: Obama has endorsed the industry’s call to raise the number of H-1B visas. But getting Congress to agree may be a challenge, given the recession and perception that foreigners are taking American jobs. The tech industry also wants more people to have high-speed internet access and hopes Obama will stand behind his stated support of net neutrality, which is a government requirement that telecom companies provide internet content providers equal access to delivery lines.
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