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Money to aid war
The US spent millions of dollars sending troops to Iraq to stop the militias. Cost of warfare and supplies increased with the amount of time spent in Iraq.
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Stock market crash
In 2008, the stock market significantly decreased since 2007, and the decline greatens more and more. Companies are experiencing up to about 50% decline. -
$700 billion bailouts
In 2008, the Senate passed a $700 billion bailout bill (TARP program) to free up cash loans. Instead the Treasury spent half of the bill for other programs and funds, causing industries to receive less money from the government. -
Obama wins presidency
In November of 2008, Barack Obama was elected president, promising to improve the economies debt and financial markets. He shoots to pump $800 billion into the economy and providing more openings for jobs.
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Global Warming Crisis
-Countries affected by harsh climate changes were given billions of dollars by the US to defeat global warming. Although the climate will lower in temperature by 2050, the amount of money invested in this project will keep the US in debt. http://images.nationalgeographic.com/wpf/media-live/photos/000/063/cache/what-global-warming_6372_600x450.jpg -
Savings
Just over one-third of Americans are going to the hairstylist or barber less often (37%) and have switched to refillable water bottles instead of purchasing bottles of water (37%);
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Free trade agreement
The free trade agreement between the US and Republic of Korea, entered in 2012, eliminated 95% each nation’s tariffs on goods within five years. It was the largest trade deal since NAFTA in 199.
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