Barack Obama was back in the White House for a second term facing a political divide and financial challenges. Voters placed the economy at the top of their list of concerns and the president has a second chance to resolve issues around jobs and government spending.

THE CLARITY of the outcome of Barack Obama’s victory in the US presidential elections belies the considerably murkier future confronting the United States at a time of continuing fiscal and international uncertainty.

Nearly two-thirds of voters identified the economy as their number one concern, in exit polls on November 6, 2012. It remains unclear how Mr Obama, the 44th president, will a...

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 Edwina Rogers
Mr Obama won re-election with the highest unemployment rate of any president since Franklin Roosevelt’s re-election in 1936 when America was in the throes of The Great Depression. He is the only president since the Second World War, except for Ronald Reagan, to win re-election with the jobless rate above six per cent
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