Economy 2007-Present

  • 2008 Election

    2008 Election
    ElectionVideoBarack Obama elected into office. First African American president.
    Leadership Category
  • Rod Blagojevich Charged

    Rod Blagojevich Charged
    Rod BlagojevichR
    od Blagojevich was charged with selling the senate spot Obama left when he became president.
  • GDP Decrease

    GDP Decrease
    Stats of the GDP
    Decreased at an annual rate of 2.8%
  • Savings

    Savings
    SavingsThe U.S. dollar becomes a target for China. China plans on trying to destroy the U.S. dollar. As Euros have been slowly losing their worth, they believe the U.S. dollar can slowly head that direction as well.
  • Budget

    Budget
    Govnt SpendingEntitlements (govnt program giving benefits to members of a group) were nearly 62 percent of total spending, while defense dropped to less than one-fifth (18.7 percent) of the budget.
  • 2015 Oil

    2015 Oil
    OilTotal petroleum imports fell to $23 billion this year, the lowest level since August 2009.
  • Oil Trade

    Oil Trade
    Oil TradeIn current dollar terms, this year in November the oil trade deficit was $11.4 billion, the lowest since 2003.