Economy Project

By mandymarquard

  • Gold Prices rise to over $1,000

    Gold Prices rise to over $1,000
    Gold prices rise to over $1,000 per punce for the first time ever.

  • Oil and Gas prices rise

    Oil and Gas prices rise
    Oil barrels are now at $150 per barrel and gas prices are $4.11 per gallon.

  • Barack Obama is elected President

    Barack Obama is elected President
    With a record-setting $748 million dollar in campaign donations, the first African-American president is elected.

  • Barack Obama is sworn in as President

    Barack Obama is sworn in as President
    In his inaugural address he says: "The state of the economy calls for action, bold and swift, and we will act-not only to create new jobs, but to lay a new foundation for growth."

  • The word "Staycation" is added to the dictionary

    The word "Staycation" is added to the dictionary
    "staycation", which is slang for staying home while on vacation, and 100 other new words were added to the Merriam-Webster Collegiate Dictionary

  • 10 Large US Corporations Payed Little to No Taxes in 2009

    10 Large US Corporations Payed Little to No Taxes in 2009
    These 10 buisnesses payed almost or no taxes in 2009...
    -ExxonMobil
    -Bank Of America
    -General Electric
    -Chevron
    -Boeing
    -Valero Energy
    -Goldman Sachs
    -Citigroup
    -ConocoPhillips
    -Carnival Cruise Line

  • Fed announces second round of quantatative easing

    Fed announces second round of quantatative easing
    QE2 totals $600 billion in Treasury bonds

  • The trade gap fell 12.9% to $34.3 billion

    This is the smallest defecit since October 2009