Economy

By ciarankav
  • Debt increases per family household

    Debt increases per family household

    Savings deficit gets hit as monthly debt bills are at a peak. http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.175.1270&rep=rep1&type=pdf
  • Job Losses

    Job Losses

    www.epi.org 3.4 million job losses from December 2007-2012.
  • Supplementary Financing Program

    Supplementary Financing Program

    "U.S, Treasury accounces a supplementary financing program consisting of a series of treasury bill issues that will provide cash for use in federal reserve initiatives." timeline.stlouisfed.org

  • Exchange Stabilization Fund

    "U.S. Treasury frees up $50 billion in order to guarantee investments in participating money market mutual funds." timeline.stlouisfed.org

  • Inflation went up

    Inflation increased causing the dollar to be weaker.
  • Obama Care projected to hurt budget deficit

    Obama Care projected to hurt budget deficit

    www.nationalreview.com The obama care and it's spending is projected to hurt the budget deficit by $6.2 trillion.
  • Leadership deficit of Obama

    Leadership deficit of Obama

    www.thehill.com Popularity of Obama falls to one of his lowest points causing the people to lose trust in him.

  • Currency Manipulation causes trade deficit

    The trade deficit got hit because of currency manipulation between US and China. www.epi.org