Iousa

Group 1

By GroupOne1
  • Period: to

    Trade

    Between 2001 and 2010, the trade deficit with China eliminated or displaced 2.8 million jobs, 1.9 million (69.2 percent) of which were in manufacturing.
    fiscal
    -The trade taking place with China is disrupting our economy because manufacturing jobs are being lost due to the manufactured goods imported from China.

  • Obama Becomes President

    Obama Becomes President
    Fiscal Leadership
    Obama becomes president, and though he promised otherwise, his policies have not done much to lower national debt. Obama has left his work to others and has, therefore, allowed things like the national deficit to increase with spending on reforms in things like health care and he has failed to decrease our deficit because of his ignorance of many of the issues at hand.

  • Budget

    Budget
    Obama had released an economic stimulus package, which cut taxes, gave the unemployed more benefits, and funded the public to create more jobs. This managed to help stop the Recession by the Second Quarter in 2009.

  • Savings

    Savings
    U.S debt is increasing due to a recent increase in entitlement spending. Continuation of this can result in a financial crisis entirely driven by U.S. debt.
  • Period: to

    Budget

    The Treasury Department that the federal budget deficit for 2013 dropped to $680 billion from about $1.1 trillion the previous year which is the smallest deficit since 2008.
    -February 2014, the end of a fiscal year, the Treasury Department rules that 2013’s budget deficit is actually lower than the previous year. This event is a result of the U.S’s Fiscal policy.

  • Budget

    Budget
    The Treasury Department that the federal budget deficit for 2013 dropped to $680 billion from about $1.1 trillion the previous year which is the smallest deficit since 2008.
    -February 2014, the end of a fiscal year, the Treasury Department rules that 2013’s budget deficit is actually lower than the previous year. This event is a result of the U.S’s Fiscal policy.

  • Petroleum Imports Decline

    Petroleum Imports Decline
    US trade deficit sharply declined with a decline in petroleum/oil imports. This is the biggest decline in petroleum imports since 2009.
    Monetary
    Trade

  • Trade

    Trade