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Period: to
Recession Economy
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Strong Decline in US Trade Deficit
Trade DeficitThe trade deficit dropped 7.9% in the year 2008. This made the deficit the lowest it had ever been since 2003. This is a result of the monetary and fiscal policy. -
Bush Tax Cuts Extended
Tax CutsThe Bush tax cuts which where first put into action in 2001, were set to expire in 2010. A recent vote in congress has made many of these cuts permanent. This is a fiscal policy. -
Affordable Care Act
Health Care Reform The Affordable Care Act was implemented in 2010. Six years later it is a policy that is still used today that helps people afford health insurance. This is a fiscal policy. -
Leadership Deficit
Leadership deficitDuring this recession many politicians have been afraid to help the economy. Often times there are solutions that are never brought up by politicians. This is a result. -
Decline of Savings and investment
Decline in SavingsMany Americans are concerned about the decline of savings. In 2009 there was about a 5% decrease that the USA is still recovering from today. This is a result, -
Federal Budget Crisis
Federal BudgetThe federal budget has been dropping. But spending continues to go up. This is fiscal.
