Obama on long-term recession

Obama appoints Nancy Killefer from McKinsey&company as “Cheif performance officer”

Barrack Obama warns the congress government for the long term recession in United States and urges the government on his economic aid package. This is the right time to react and if they fail at this time it could end up in devastating long-run problems. According to Obama Economic Aid Package, it can create about 3 million job opportunities in United States. Economic aid package plan includes tax cut to businesses and middle class workers, to help out which is suffering from serious financial crisis and even giving funds to raise the organization infrastructure. Nancy killefer , a senior director of McKinsey &Company is appointed as “CHIEF PERFORMANCE OFFICER” . McKinsey &Company is a top management business consulting firm throughout the world. She also worked as assistant secretary in Clinton treasury office. She will be the one in charged for reforming the government and restoring fiscal.