-
President Barack Obama joined the G-20 leaders group meeting as a critical forum for economic policy cooperation and called on it to coordinate an international response to the crisis
The U.S. economy had been in recession for over a year for lack of money in the circulation
link -
The US goods and services trade went from 695.9 billion in 2008 to 315.3 billion in 2009. This happened because of the historic global recession that took place.
Monetary because the government had to tax citizens to make up for the money that was lost. Taxe went up after this global recession.
link -
Personal wealth/asset value is increasing, concluding why personal savings are decreasing.
Monetary result because asset value acts as substitute for post-recession easy credit/spending
link -
After Congress provided an unprecedented level of emergency funding for Ebola in FY15 in response to the West African outbreak, beyond regular appropriations for global health programs, FY16 returned to business as usual.
Fiscal result- increased government spending to stop a recession.
link