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News, Jeffrey Frankel, Published on 16/01/2017
» Any assessment of Barack Obama's eight-year US presidency should start at the beginning: His first inauguration, on Jan 20, 2009. The US economy was in free-fall: Financial markets had seized up, GDP was shrinking, and employment was plummeting, with some 800,000 jobs being lost each month. And two ill-conceived and badly executed foreign wars were under way.