-
Budget- Deficit in 2007
In 2007, the budget deficit fell to 161 Billion USD from the prior year of 248 Billion USD. This was the lowest budget deficit in a while. The reason this happened is because the U.S government cut back on their in unneeded areas which lowered the deficit tremendously. This is considered a result. This would be budget because the government only has a certain amount of money to spend.
http://www.cnbc.com/id/21179989 -
Spending- Youth of America
The youth of america are not saving but instead spending most of their money. This is causing them to go in debt because they have nothing left to spend living paycheck to paycheck. The government or banks can’t invest their money if the people aren’t doing their job by putting money into the savings accounts. This would be monetary. This is also considered savings because it has to do with the government and people putting money in savings accounts.
http://www.wsj.com/articles/savings-turn- -
Leadership- Obama Elected
When Obama was elected for President in 2008 the national debt was about $11 trillion. By the end of his first term it rose to $16 trillion. This would be considered a result. This is leadership since Obama came in and became the leader.
http://www.mintpressnews.com/success-and-failure-looking-back-on-obamas-first-term/44364/ -
Leadership- Obama's second term
After Obama was reelected the national debt continued to climb. Now it is well over $19 trillion and will continue to increase as Obama finishes his second term. This is considered a result. This is leadership since Obama became the leader of the United States. http://www.usdebtclock.org/ -
Budget- Government Actions
The U.S government could save over 1.5 trillion dollars which could stabilize the debt over the next decade starting in 2013. If they cut back on spending and increased taxes, they could save 300 billion each year. This would be considered fiscal. This is budget because the government only came spend so much money.
http://www.wsj.com/articles/savings-turn-negative-for-younger-generation-1415572405 -
Budget- Deficit in 2015
In nearly a decade the budget deficit in 2015 grew nearly 300 billion USD which totals at 468 Billion USD. That number is better than the 2013 year which the deficit stands at a whopping 680 Billion USD. The reason these amounts are much higher is because the amount of spending Obama did was outrageous. The leading cause was Obama Care. This would be considered a result. This is also under budget since it shows how much Obama has been spending.
http://www.npr.org/sections/thetwo-way/2015/01/2 -
Trade- Trade Deficit With China
By 2015 the U.S. was in a trade deficit with China that totaled $365.7 billion. The deficit started because of the mass quantity of imports the US has from China. The lower wages for workers in China makes it cheaper for companies to imports goods from overseas.
https://www.thebalance.com/u-s-china-trade-deficit-causes-effects-and-solutions-3306277
This is a result. This is trade since it has to do with our trading with China.
