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Election of 2008
President Barack Obama was elected the first African-American president in the United States. His goals were to get out of the war in Iraq and to fix the healthcare situation which he both achieved.
http://www.history.com/this-day-in-history/barack-obama-elected-as-americas-first-black-president Fiscal. Leadership -
Affordable Care Act
http://annals.org/article.aspx?articleid=746295 Guarantees affordable health care to all Americans. Many complain that it is too expensive or that they do not need health care.
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GDP Growth
The real US GDP, which measures the total amount of goods produced in the country, increased by 1.9% overall since 2013. The increase of the GDP has helped the US economy overall. This goes under trade and result because the GDP is the exporting and importing of goods and the trade with others. http://www.statista.com/statistics/188185/percent-chance-from-preceding-period-in-real-gdp-in-the-us/ -
Agricultural Imports and Exports
In 2015, the exports decreased because of a slower world economy and strong US dollar. US imports continued to grow at 2% in 2015 as the real exchange rate has made foreign goods cheaper in the U.S. domestic market. This falls under trade because it deals with exporting agriculture to other countries and the global trade economy. http://www.ers.usda.gov/data-products/chart-gallery/detail.aspx?chartId=40061 -
Americans Not Saving for Retirement
http://time.com/money/4258451/retirement-savings-survey/ Many Americans do not save for retirement because they think it puts a strain on their spending money or because they do not know how important saving for retirement is. Having no money for retirement is very detrimental to a person’s future.
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2016 Inflation in the U.S.
http://www.usnews.com/topics/subjects/inflation
Inflation is the decrease in the value of money therefore prices increase. Inflation causes consumers to slow down shopping because prices are at a high. When inflation gets too high regulators take steps to try and balance this or bring it down. Inflation goes under Budget. Result
