The financial crisis in the form of sub-prime crisis which started in United states has now engulfed the whole world. Countries like China and India who command natural development growth is also started getting affected due to loss in export orders and service export orders.

United states has been creating world demand as it has been spending more than what it has been producing. Over the last two centuries there has been growth in demand and the supply has been from the developing countries.

Now the question is as there is a collapse of the wall street and subsequent effect in the many sectors of the economy like automobile, housing in terms of unemployment, excess production  etc what are the steps that is being done by the US government to take the economy back to growth?

The new government of United States under the leadership of Obama is going to come into effect from 20th January and there are number of issues to be handled from economics to international problems.

If the United States gives more bailout packages, then, which sectors are going to get the maximum benefit and how is it going to affect the unemployment and real economic output growth with in USA? Is there any change in the outsourcing policy ? Is there going to be more protectionist tendencies in United States?