Consumer Project

Fed makes emergency move to lend around $1.3 trillion directly to companies.

Oct 7, 2008

Budget. The government is giving away money they don't http://www.dof.ca.gov/html/fs_data/LatestEconData/Chronology/chronology.htm#2007

Obama signs economic stimulus package

Feb 17, 2009

President Obama signed the $787 billion economic stimulus package into law.
The "American Recovery and Reinvestment Act of 2009" includes a variety of spending measures and tax cuts intended to promote economic recovery. http://www.dof.ca.gov/html/fs_data/LatestEconData/Chronology/chronology.htm#2007

The Affordable Care Act was signed into law to reformthe health care industry by President Barack Obama

Mar 23, 2010

Budget. Where did the money come from? http://www.dof.ca.gov/html/fs_data/LatestEconData/Chronology/chronology.htm#2007

Obama signs extension of jobless benefits

Apr 15, 2010

Budget. The government doesnt have the money for this.

The Federal Reserve announced a second round of quantitative easing through the purchase of $600 billion in long term Treasury bonds.

Nov 3, 2010

Savings. This spurs the economy and helps make it better. http://useconomy.about.com/od/glossary/g/Quantitative-Easing.htm

Obama signs debt ceiling bill

Aug 2, 2011

Leaderships. This demonstrates Obamas leadership by having the power to increase the debt ceiling. http://www.dof.ca.gov/html/fs_data/LatestEconData/Chronology/chronology.htm#2007

Obama signs free-trade agreements with South Korea, Colombia, and Panama..

Oct 21, 2011

The country is now able to trade freely with more countries. http://www.dof.ca.gov/html/fs_data/LatestEconData/Chronology/chronology.htm#2007

Obama signs into law the extension of the payroll tax cut and unemployment benefits

Feb 22, 2012

Budget. This reduces the amount of money the government recieves from taxes. http://www.dof.ca.gov/html/fs_data/LatestEconData/Chronology/chronology.htm#2007