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Period: to
2007-current
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The Emergency Economic Stabilization Act
was made in response to the subprime mortgage crisis causing the Unites States to spend $700 billion to buy distressed assets. The Subprime crisis was a nationwide banking emergency that was caused by the large decline in home prices.
http://2.bp.blogspot.com/_ok4QjruQGwA/SPYsKa6ARXI/AAAAAAAABBM/ws2JnTo-ckY/s400/bilde.jpg -
Obamacare
ObamaCare aids millions of Americans by helping them afford better quality health insurance. This increases our taxes and insurance to help pay for the cost. Obama signed off on this law in 2010.
http://commdiginews.wpengine.netdna-cdn.com/wp-content/uploads/2014/01/obamacare-logo_full_640.jpg -
$1.3 trillion in exports
U.S. companies exported $1.3 trillion in goods and services during the first seven months
http://money.cnn.com/video/news/2012/09/12/n-obama-romney-china-trade.cnnmoney/ -
Obama in office for 2nd time
Barack Obama is the first president in more than five decades to win at least 51 percent of the national popular vote twice. Obama is the second president since World War II to win re-election with a jobless rate above 6 percent.
http://ionehellobeautiful.files.wordpress.com/2012/11/barack-obama-wins-dl.jpeg -
Peak of Oil Prices
Oil Prices are predicted to continue to rise drastically over time. This is not good news for the U.S. because it would mean that it costs more to import the oils.
http://i2.cdn.turner.com/money/dam/assets/130111030222-chart-oil-prices-01112013-monster.jpg -
Government Shutdown
Congress failed to enact legislation appropriating funds for fiscal year 2014, causing a government shutdown for 16 days.
http://en.wikipedia.org/wiki/United_States_federal_government_shutdown_of_2013#mediaviewer/File:Important_government_shutdown_notice_for_the_Stature_of_Liberty.jpg -
America's Saving Crisis
Inflation makes it difficult for more Americans to save money, making it harder to afford daily necessities and plan for the future.
http://static4.businessinsider.com/image/4f75ac0a69bedd670d000043/chart.jpg -
Current U.S. Federal Budget
The Unites States is spending $225 million per month on weapons and expenses. This amount of money is used to take care of the ISIS and to bomb Syria.
http://www.msdgc.org/images/about-msd/hearings_and_notices/public_hearing_cip_dec_2013/2014_Operating_Budget_Pie.png
