Examine the effectiveness of recent economic concerns

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Why is this paragraph effective and examine why it is effective.

Recent economic concerns promoted President Obama to meet with credit card industry executives in April, 2009. National credit card delinquency rate has continued to grow in recent times, and President, along with congress, aims to end unfair fees and increase in interest rates. Additionally, the President asked that all terms, disclosures, and statements be clear and easy to read for consumers. confusing terms, frequently laid out in fine print, are thought to have led to nation's rising debt and deliquency.

Reference no: EM13104043

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