Economy

Economy Timeline

By consumergroupEEK

  • BUDGET-Medicare

    BUDGET-Medicare
    In 2013, 41.7 million people were covered by medicare part A (hospitalization), 38.7 were under medicare part B (Medical care), 37.4 million were under medicare part D which helped with prescription drugs. With all of these people under medicare it became extremely expensive. If you receive any tests or help the person under medicare will have to pay 20%. This is a fiscal policy. http://health.usnews.com/health-news/medicare/articles/2014/10/15/the-unexpected-costs-of-medicare

  • SAVINGS- Unemployment Rates

    SAVINGS- Unemployment Rates
    In the spring of 2015 2.8 million graduates will enter the work force, but these graduates make us 40% of the unemployment rate. From 2009-2015 has been the longest and highest amount of unemployment since the ending of WW2. There is more millennials than baby boomers so the unemployment rate will go up. This is a result of monetary and fiscal policy. http://www.newsweek.com/2015/06/05/millennial-college-graduates-young-educated-jobless-335821.html

  • TRADE- Lack of Exports

    TRADE- Lack of Exports
    According to a report released by the U.S. government January 29, 2016, the U.S. exports dropped 5% in 2015, being the first annual drop following 2009’s Great Recession. CNN reports that this “is a reflection of the fragile state of the U.S. dollar.” This decline impacted the overall economy, stunting the percent of growth the economy grew in 2015. This is a result of fiscal and monetary policy. http://money.cnn.com/2016/02/05/news/economy/us-exports-fall-2015-recession/

  • SAVINGS- Personal Savings Rate

    SAVINGS- Personal Savings Rate
    Personal Savings Rate is the amount of money that a person saves from their disposable personal income. This rate is expressed as a ratio. As of June 2016, the rate was 5.30% compared to the 2.8% of in June 2007. The highest rate occurred in December 2012, reaching about 10.40%. This is a monetary policy. http://www.tradingeconomics.com/united-states/personal-savings

  • LEADERSHIP/TRADE- Trump's Foreign Policy

    LEADERSHIP/TRADE- Trump's Foreign Policy
    Donald Trump proposed a foreign policy which puts tariffs on imports from China to force China to renegotiate their trade agreements. Trump also proposes the idea of building a wall along the Mexican border encouraging Mexico to create a “more cooperative posture” with border enforcement. This is monetary policy. http://www.foxnews.com/opinion/2016/08/29/genius-trumps-foreign-policy.html https://www.youtube.com/watch?v=GlFPVDqKv64

  • LEADERSHIP- Hillary Clinton

    LEADERSHIP- Hillary Clinton
    Democratic nominee Hillary Clinton plans on improving the health- care system by providing the people with mental health care. Hillary plans on improving the system by initiating suicide prevention, higher payments for providers in the Medicaid program, and addressing drug and alcohol addiction. This is a result of fiscal and monetary policy. http://www.chicagotribune.com/news/nationworld/politics/ct-hillary-clinton-campaign-20160829-story.html