Obama rides the US around the corner

Barack Obama's State of the Union address outlined a range of economic, social and environmental reforms. Despite criticism from the right, his plans will fuel an already promising American comeback.

US President Barack Obama is kicking off his second term with gusto, no doubt buoyed with increasingly favourable economic news and robust financial markets which are adding trillions of dollars to household wealth. Obama’s State of the Union address to Congress outlined a progressive policy agenda including the introduction of a carbon price. While he saw many economic policy challenges ahead given the depth of the recent recession, Obama was upbeat as he plotted the course for the next four years and beyond.

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