President Obama made a speech in the Oval Office on Wednesday, which was concerned on the Iraq war and the US Economy. He spoke that it is time to end the combat in Iraq, and he spoke this just two months before the midterm congressional elections. He emphasized greatly that it was time put a full stop on the Iraq subject and start rebuilding the US economy.

Obama had to take a step about the war and the economy, and it was good that he spoke about this in his speech. According to some leading economists, that US economy is dangerously dwindling and there is great chance of it falling into recession once more.

Obama said that his country has already spent trillions of dollars on the war and has often been finance or have borrowed it from other countries. So this has actually caused a big hole in the US economy and the normal citizens are suffering from this. This is a really appreciating move by the Obama administration as anyways it was high time for them to take this necessary step.