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Americans Saving 5.5%
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U.S. Citizen's Savings
United States citizens are spending more and saving less. "In 2011, it declined to 4.2 percent and further in 2012 to 3.9 percent. The first quarter of 2013, the personal savings rate was at 2.6 percent." Americans are under the assumption that spending their money will stimulate the economy. Saving money long-term will ultimately help the U.S. -
Image: http://upload.wikimedia.org/wikipedia/commons/8/8d/President_Barack_Obama.jpg
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Barack Obama is elected President
In 2008 Obama was elected president and he was the first African American President in the United states. It was a turning point in American History and he is a leader that will always be remembered for breaking down the barrier. -
Retirement Programs and Savings
Retirement The United States government is trying to get it’s citizens to start saving more. The government is putting in place retirement programs to persuade Americans to put their money away. However, many Americans do not have faith in these programs because the government is not always very responsible with their money. -
Image: http://www.crestfinancialgroup.com/files/49638/img-retirement.jpg
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Mark Kirk was elected to the Illinois senate in 2010
Mark Kirk, apart of the party, elected in 2010, is the Senator of Illinois. He can be senator up to six years. -
Image: http://upload.wikimedia.org/wikipedia/commons/a/a8/Senator_Mark_Kirk_official_portrait.jpg
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Americans Saving 2.6%
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Image: http://t2.gstatic.com/images?q=tbn:ANd9GcSJPQ0SB0fMPpz_3Zim4uqT8IFGsLxKFf3J41cOXJ4h1igUamcNcA
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Federal Spending
The fiscal spending in the year 2015 is estimated to be even more skewed than it is now. In 2014 over half of the U.S's spending went to the military. Americans should be aware of where and what the government is spending our money on. -
Image: https://static.nationalpriorities.org/images/fb101/2014/presidents-proposed-discretionary-spending.png
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Reducing imports
The United States have been working to lessen the amount of goods we import from china. In 2014 we decreased our total balance from -318,000 million to -186,000 million. This is a major improvement as we are beginning to rely less on other countries for goods and instead import our own. -
Image: http://www.tradingeconomics.com/united-states/imports
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Importing oil
Imports reached an all time high of 239,858 million dollars in April 2014. The United States is the world’s largest importer. Imports of crude oil account for half of what we import with consumer goods, automotive parts and engines, and capital goods making up the other half. -
School Funding
School Spending in the Us is going to face big changes in 2015. After the recession the schools have been facing difficulty but it is supposed to get better.
