Economy project-Policies since 2007

  • 2007 Trade deficit- Trade

    2007 Trade deficit- Trade
    The overall U.S. trade deficit declined in 2007 after setting records for five consecutive years. The trade deficit finally reached its peak in 2007 when it dropped to $711.6 billion, a decline of 6.2 percent. This is under the trade category because the US was trading at its peak with other countries. This is considered a result of the two policies
    http://www.cbsnews.com/news/us-trade-deficit-declined-in-2007/
  • The housing market crash of 2007- Savings

    The housing market crash of 2007- Savings
    The Housing Market Crash of 2007 was the worst housing crash in U.S. history. The Housing Market Crash of 2007 was the cause of the financial crisis. This nearly caused the U.S. to experience another depression like the Great Depression. This is apart of the savings category because people put all their savings into their houses and then lost it. This is a result not a certain policy.
    http://www.stockpickssystem.com/housing-market-crash-2007/
  • Budget- Obamacare

    Budget- Obamacare
    ObamaCare is a US healthcare reform law. It expands and improves access to care. Its main focus is on providing more Americans with access to affordable health insurance, improving the quality of health care and health insurance, regulating the health insurance industry, and reducing health care spending in the US. Obamacare is a fiscal policy. This is under the budget category because the act decreases spending through regulations and taxes.
    http://obamacarefacts.com/whatis-obamacare/
  • Leadership- Government shut down

    Leadership- Government shut down
    The U.S. government shutdown from October 1st-16th, 2013 because the legislature didn’t have appropriate funds or good leadership to find a resolution. The Government shutdown because the Senate declined to pass the bill with measures to delay Obamacare.
    https://en.wikipedia.org/wiki/United_States_federal_government_shutdown_of_2013
    This is a fiscal policy. The government shutting down is under the leadership category because they could not come to a conclusion together.