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Period: to
Economy Timeline
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Leadership-Obama Becomes President
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Trade: Recession causes shortages of loans to finance trade
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Budget-United States Debt-Ceiling Crisis
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Leadership-The Job After Steve Jobs: Tim Cook and Apple
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Leadership-Jack Lew becomes the next United States Secretary of the Treasury
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Trade-Oil trade deficits projected to decline considerably
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Savings-Younger generations savings rate is getting lower
-Young americans arent saving as much, and therefore when they lose their jobs are claiming unemployment because they havent saved enought to sustain themselves until they find another job.
-Causes the government to pay more people for unemployment -
Budget-Congress doesnt pass the budget plan on time
-Government shut down until they pass it
