When Barack Obama is sworn in as president of the United States on Jan. 20, he will inherit a series of problems more severe than at any time since the Great Depression. Here are just a few of the issues that he, the Congress and all Americans must confront:
The middle class is continuing its steep decline with unemployment soaring, and millions of people in danger of losing their homes, savings and health insurance. The dream of a college education is fading away for many working families as college costs go up while incomes go down. This year, as a result of the economic downturn, the bailout of Wall Street, ongoing tax breaks for the very rich and the war in Iraq, our nation will have a record-breaking deficit and a huge $10.4 trillion dollar national debt.