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source In 2008 Gas prices hit an all time high at nearly 5 dollars a gallon across the country. This was a monetary issue, to do with trade deficits. Americans all over were outraged and horrified at this economic event.
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sourceA Fiscal Policy
The Emergency Economic Stabilization Act was a bailout of the American financial system, primarily in response to the housing market crash. This is a fiscal policy which falls under the leadership as well as savings deficit. President Bush was taking immediate action. -
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This act, classified as a fiscal policy, included a variety of spending measures and tax cuts intended to promote economic recovery. It fell under budget deficit. -
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This bill was aimed at preventing the risky behaviors and regulatory failures that had gotten the economy into such trouble and lost Americans millions of dollars. This is a fiscal policy falling underneath budget deficit. -
<a href='http://www.dof.ca.gov/HTML/FS_DATA/LatestEconData/Chronology/chronology.htm#2008'
President Obama signed this extension to aid those who were unemployed for long periods of time. This was classified as a fiscal policy, and falls jointly under the budget and leadership deficit, because President Obama, as a leader was taking action to extend budgets for the people. -
