The American Economy

By claireizzydaniela
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    Presidency of Barack Obama- Leadership

    Photo Obama Outperforms Reagan on Jobs, Growth and Investing Barack Obama has been called the best economic president. Obama has created thousands of jobs and effectively lowered the unemployment rate. The Manufacturing industry has grown and investors have also benefitted from Obama's presidency.

  • Approval of the Affordable Care Act- Budget

    PhotoObamaCare: Facts on the Affordable Care Act This new healthcare plan was approved by Barack Obama. It includes new taxes. These taxes will help to provide free preventive services and health benefits for Americans. The biggest part of this act was that it requires all Americans to have some form of health coverage.

  • Last troops pulled out of Iraq- Savings

    Last troops leave U.S. This war cost the US $800 million. It took 4,500 US lives and 100,000 Iraqi lives. The ending of this war was not only a step towards peace in the Middle East but also saved the United States millions of dollars in military costs.
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    Government Shutdown- Budget

    PhotoImpacts and Costs of the Government Shutdown This event had a serious impact on the US economy and hurt average American families all over the United States. It was the longest government shutdown in US history, with a combined total of 6.6 million furloughed days for government employees. The furloughs cost the government billions of dollars and the creation of several jobs.
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    US Iraq Operations- Leadership

    Pentagon: Iraq Operations Cost $560 Milliion So Far US Air Strikes in Iraq that have been occurring throughout the summer cost $560 million dollars, with an average cost of $7.5 million dollars everyday. There have been a total of 110 air strikes, with the purpose of protecting the Mosul Dam Area of iraq.

  • Job opportunities- Savings

    http://money.cnn.com/2014/09/05/investing/august-jobs-report-142000-added/index.html In July, the unemployment rate dropped from 6.2 to 6.1 percent, in July 2014. This drop was the first change in six months as 200,00 jobs were added. Americans still have fears on whether or not the economy will truly recover from the Great Recession. Those fears were right, as less jobs were added in August.

  • Lowering US Trade Defecit- Trade

    PhotoU.S. Trade Gap Narrowed in July Between June and July the trade deficit fell to $40.5 billion, a drop of 0.6%. American exports also increased by almost 1% and imports dropped 0.7%. These improvements in the U.S. trade deficit are a result of an increase in demand for US goods. These events could help the factory sector.

  • SolarWorld America Attacked by Chinese Hackers- Trade

    PhotoSolar Company Seeks Stiff U.S. Tariffs to Deter Chinese Spying The US has had a long standing trade dispute in China. A recent event with this dispute was that a major US Solar Panel Company alleged that Chinese Hackers broke into their computers. As a response to this alleged attack, SolarWorld asked the US Commerce Department to enact high tariffs against China.