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Economy over the years
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Economy Inflammation
The economy went through inflammation to pay for the US's budget.
During an economy inflmmation, the prices of common goods are raised to pay off the debt of the US's government spending.
One of the reasons why things were inflammed was because in 2007 the surge was launched. This caused the inflammation rates to be at an all time high of 4.1%.
The need to spend extra money on troops cut into the US's government budget/ -
Budget Cuts
Budget cuts are put into a funny perspective SNL meeting -
President Obama affects economy
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Patient Protection and Affordable Care Act
We have the fifth largest in health care spending in the world.
Everything cost more in per-prescription in America.
Most countries have a system of price control United States doesn't do that it leaves negotiations up to individual insurers -
The PPACA
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Over spending in American households
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China importing
United States imports more from china than exporting because of this the United States is going deeper into debt. China -
Barack Obama's Debt
While President Barack Obama has been in office, increasing from $5,749,916,000,000 at the end of January 2009 to $11,825,322,000,000 at the end of January 2014 -
Increased Importing
Although trade with other countries is good, as of today, US's imported goods is at an all time high during the past seven years. Having goods imported decreases the need to manufacture things in the US, causing lack of jobs and more money to get things shipped to our country. -
Debt Graph
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Import/Export
ChartsIn this article it shows how much the United States imports and exports goods with China. In the chart it shows that the United States imports more from china than exporting because of this the United States is going deeper into debt. -
Import Gfraph