The U.S Recession is back again and it is wide spreading throughout the world. Recession is back even though President Barack Obama and Fed did everything possible according to Keynesian irrationality of breaking windows to save the United States against the previous economic meltdown of 2008. In 2008-2009, when Obama introduced huge stimulus packages to save American jobs by investing American tax-payer’s money in those public and private sector ventures which were faulty, irrational and corrupt, he thought it will help America to retain its losing glory. The effect of his Keynesian steps were inspired and favored by the master of Keynesianism Mr. Paul Krugman who won the Nobel Prize in Economics on October 13, 2008 and Obama was also convinced about the magical skills of Ben Bernanke and while appreciating his magical skills, Obama said Bernanke’s background, temperament, courage and creativity helped to prevent another Great Depression in 2008. However, there were people who warned Obama, Bernanke and others that depression is nothing but the much needed corrective measure or the medicine for the ill economic conditions of the United States. They suggested that the market shouldn’t be disturbed further by inflicting more fiat currency in it as that …Read the Rest