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Budget
The United States housing bubble was an economic bubble affecting many parts of the United States housing market in over half of American states. Housing prices peaked in early 2006, started to decline in 2006 and 2007, and reached new lows in 2012. All of this will contribute to our national debt. That being said, this would fall into the budget category. (Budget) -
Savings
The financial crisis of 2007–2009, also known as the Global Financial Crisis and 2008 financial crisis, is considered by many economists to have been the worst financial crisis since the Great Depression of the 1930s. It threatened the collapse of large financial institutions, which was prevented by the bailout of banks by national governments, but stock markets still dropped worldwide. (Savings) -
Trade
Global trade fell by 12.5% in 2009, a collapse explained by factors such as a decrease in demand and the drying-up of trade finance. Although protectionism was not a major factor in this fall in trade, governments have faced pressure to implement protectionist policies and measures as a way of 'saving' domestic jobs and enterprises in the face of the economic crisis. (Trade) -
Leadership
Congress votes for, and the President signs a bill authorizing an increase in the U.S. debt. The debt ceiling is to be raised in a multi-step process as Republicans and Democrats continue to debate over tax cuts, raising revenue, and cuts to entitlements programs such as Medicare, Medicaid, and Social Security. (Leadership) -
Savigs
(2010) Congress passes the Financial Regulations Bill aimed at preventing the risky behavior and regulatory failures that brought the economy to the brink of collapse and cost millions of Americans their jobs and savings. Congress passes the Health Care Reform Bill, aimed at providing affordable, quality healthcare for all Americans. This would be in the savings category. (Savings) -
Trade
The U.S. Constitution states that all treaties made under the authority of the United States become supreme law of the land (Article VI). Since entering the WTO in 2001, trade with China has resulted in the loss of 2.8 million jobs through 2010. Those fortunate enough to retain their jobs witnessed their annual earnings decrease by roughly $1,400. American workers are put in direct competition with one another as more and more employers look to offshore production to nations with lower wage rate -
Leadership
Business men and women are discussing and expressing their disregard and displeasure in big leaders of our economy. “Those executives flying around in private jets and buying fourteen-hundred-dollar trash baskets are making every leader look bad” (http://www.gallup.com/businessjournal/118315/economic-crisis-leadership-challenge.aspx). The economy is most likely going to consistently dip before it gets better and rises. In most cases, there are two important leadership issues: Keeping a company o -
Budget
President Barack Obama and the Congress pass the American Recovery and Reinvestment Act (ARRA) providing tax cuts and federal funds to create new jobs, save existing jobs, and spur economic growth. The country’s debt rises to a new height at 11 trillion while the deficit rises to 1.4 Trillion. This would fall into budget as well, because it regards the country’s debt. (Budget)
