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Inauguration Obamamage
Inauguration of president obama (leadership)
Marking the beginning of a plus (+) $7,060,259,674,497.51 debt that only grows to this day. http://upload.wikimedia.org/wikipedia/commons/d/d7/US_President_Barack_Obama_taking_his_Oath_of_Office_-_2009Jan20.jpg http://en.wikipedia.org/wiki/United_States_presidential_election,_2008 -
Stock Market Low
Worst week in stock market in 75 years, economy had lost a whopping 159,000 jobs in the prior month (savings)
http://www.dof.ca.gov/HTML/FS_DATA/LatestEconData/Chronology/chronology.htm. -
Tax Cuts
Barack Obama introduces tax cuts and uses federal funds in an effort to retain/create jobs and encourage greater economic growth (budget) http://s190.photobucket.com/user/JekyllnHyde_photos/media/September%207th%202010/83085_600.jpg.html -
Minimum Wage increases
Federal minimum wage increases from 6.55/hr. to 7.25/hr- increases strain on business owners (budget) http://www.dof.ca.gov/HTML/FS_DATA/LatestEconData/Chronology/chronology.htm. -
Healthcare Reform
2010- Congress passed the Healthcare reform bill to try and better provide Healthcare to the American people (budget) http://ginacobb.typepad.com/.a/6a00d8341c2c6053ef01310f870691970c-500wi -
Affordable care act
Affordable Care Act health insurance exchanges take action (budget)
- The uninsured will have affordable options
- Insurance coverage expanded http://lancasteronline.com/business/local_business/how-many-businesses-cut-part-time-hours-because-of-the/article_ac4f4222-da0c-11e4-a781-8b89eae32ecd.html -
Government Shutdown
Two legislative houses unable to compromise on funding, government shutdown due to lack of funding for the beginning of the 2014 fiscal year. Lowered fourth quarter 2013 GDP by 0.6%, a loss of 6 billion dollars (budget). -
Russian Embargo
Russia bans import of beef, pork, fruit, vegetables, poultry, fish, cheeses and milk from the United States- decreases overall GDP of the United States (trade) http://www.dof.ca.gov/HTML/FS_DATA/LatestEconData/Chronology/chronology.htm.
