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President Obama's state of the Union address - a worrying change?

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Tags: AsiaAustraliaBarack ObamaChinaDelhi School of Economicsdelhi-sri-venkateswara-collegeDenmarkEstoniaFinanceFinlandFraser InstituteGovernment of IndiaHong KongIndiaIndianIndian RupeeInternational Monetary FundLiechtensteinManmohan SinghNew ZealandReaganomicsRonald ReaganSingaporeSino-Indian relationsSouth AsiaSoutheast AsiaSwedenUnited StatesUniversity of DelhiWorldWorld Bank

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Barack Obama delivered his state of the Union address recently. It was his first major speech following his inauguration as the President of the United States for a second term. The speech reflected thinking that was horribly at odds with the reformist liberal trend sweeping the South Asian continent. Obama struck a strongly partisan tone with his calls for higher spending, higher bureaucracy and higher regulation, all to be financed by higher taxation. Globally, the people are realizing that ...

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