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Savings: Decline in US Savings
Losing the Future
A huge decline in savings beginning in 2007 leads to a decline in investments. This correalation shows the improtance of savings. -
Leadership: Wall Street Leadership Crisis
Wall Street Leadership Crisis
According to an article published in 2008, Wall St. was facing a leadership crisis because many big firms weren't valuing risk as much as short-term profit. This irresponsible act lead to many of their stocks tanking. -
Budget: Government Shutdown
Government Shutdown CNN
The the House and Senate couldn't agree on a spending bill leading to a government shutdown. Close to 800,000 people were furloughed. -
Budget: Congress passes budget
Budget Approved CNN
After already passing the House witha 332-94 vote, the Senate voted it past with a 64-36 vote. The bill was for the federal budget up into 2015. -
Leadership: Bush tax cuts made permenant
Tax Cuts
Bush's tax cuts had expired on December 31 only to be made permenant shortly after. This can be considered a leadership deficit because Many Democrats were criticizing the tax cuts only to help make them permenant. THis double back can be seen as weak and cowardish. -
Trade: Trade deficit declined
The Trade deficit at the end of June 2015 was 45.2 billion but in the month of July declined by 3.3 billion. This was because of a decrease in the goods deficit, but an slight increase in the service deficit.
