Economy timeline

  • Emergency Economic Stabilization Act

    Emergency Economic Stabilization Act
    Emergency Economic Stabilization ActEmergency Economic Stabilization Act which authorized the US secretary of treasury to supply cash directly to banks
  • American Recovery and Reinvestment Act of 2009

    American Recovery and Reinvestment Act of 2009President Obama signs “American Recovery and Reinvestment Act of 2009” which included spending measures and tax cuts in order to help the economy recover.
  • The Wall Street Reform and Consumer Protection Act

    The Wall Street Reform and Consumer Protection Act the Wall Street Reform and Consumer Protection Act </a>signed into law which prevents excessive risk-taking that could lead us into financial crisis and provides protections to prevent mortgage companies and payday lenders from exploiting their customers.
  • Debt Problems in Europe and U.S. weigh on U.S. stocks.

    The debt problems in Europe and U.S. weigh on U.S. stocks.
    This was a big issues and that affected the U.S economy and screwed up banks and peoples savings.
  • Inflation Retreats on lower gas prices

    monthly inflation retreats inflation retreats
    Since gas kept on getting cheaper and cheaper people were saving more money.
  • Obama signs debt Ceiling bill

    Obama signs debt Ceiling billObama signs debt ceiling bill
    When Obama signed this bill it helped us try to get out of our debt. But it didn’t really help us that much.
  • President Obama signed a two-month extension of the payroll tax cut.

    President Obama signed a two-month extension of the payroll tax cut.President Obama signed a two-month extension of the payroll tax cut.
    Obama signed this hoping to get us out of our debt again but once again it kinda failed and really didn’t help the americans that much.