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Leadership: Obama becomes President
In 2008, the first African-American was elected to the presidency. He was inaugurated on January 20th 2009. He was the president during the economic recession and had to deal with the failing economy.
This is fiscal.
(http://www.history.com/this-day-in-history/barack-obama-elected-as-americas-first-black-president) -
Savings: ARRA
President Obama and the Congress ass the American Recovery and Reivestment Act (ARRA), providing tax cuts and federal funds to create new jobs, save existing jobs, and our economic growth. The country's debt rises to a new height at $11 trillion while the deficit rises to $1.4 trillion
This is fiscal.
http://www.learner.org/series/econusa/interactivelabs/economic-timeline/ -
Budget: Health Care Reform Bill
Congress passes the Health Care Reform Bill, aimed to providing affordable, quality health care for all Americans.This economic policy made health care affordable for millions of Americans and helped the economy grow.
This is Fiscal.
(http://www.learner.org/series/econusa/interactivelabs/economic-timeline/) -
Budget: Debt Ceiling is Raised
With less than twenty-four hours remaining before America defaults on its debt obligations, congress votes for an the president signs a bill authoring an increases in the Us Debt. The debt ceiling is to be raised in a multiple process as Republicans and Democrats continue to debate over tax cuts, raising revenues, and cuts to entitlement programs such as medicare and social security
http://www.learner.org/series/econusa/interactivelabs/economic-timeline/
This is fiscal. -
Trade: April Trade Deficit
The monthly international trade deficit has increased in April 2016. There has been an increase in imports mainly on capital goods and industrial supplies and materials. The decrease in exports of services is reflected through travel and education.
This is fiscal.
https://blog.bea.gov/category/trade-deficit/ -
Trade: Trade Gap 10 Month High
The trade gap in the United States widened to 44.5 billion dollars in June of 2016 from 40.96 billion dollar deficit in the previous month. These figures rose because of the 1.9 percent increase in oil prices and rising domestic demand while exports only increased by 0.3 percent.
http://www.tradingeconomics.com/united-states/balance-of-trade
This is a result.
