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Savings Deficit- US Prime Rate Fluctuation
Following bad bank loans on houses that would be foreclosed, the US prime rate spiked at the peak of the US economic crises around 2008 and has gradually plateaued as the economy has stabilized. This is monetary due to the economy fluctuating and the rates of bank loans. http://www.moneycafe.com/personal-finance/prime-rate/ -
Budget Deficit- Social Security, Medicare, Medicaid
Much of the money that comes out of people’s paycheck goes directly to Social Security and other socialized programs. The money used in Social Security and Medicare and Medicaid goes to the elderly, poor, and unemployed. They had used programs like Medicare and Medicaid and Social Security to keep people above the poverty line. This is fiscal, because the governmnet directly helped out. http://www.cbpp.org/research/federal-budget/policy-basics-where-do-our-federal-tax-dollars-go -
Leadership Deficit-- Government Shut Down
From October 1-16 the government shut down after Congress failed to pass bills for government funding due to a disagreement on what to cut spending to. Republicans wanted to cut funding to President Obama’s healthcare plans while Democrats wanted to keep them. When they couldn’t agree, the government shut down and workers and organizations deemed unnecessary shut down as well. This was a result due to a lack of leadership. http://www.cnn.com/2013/09/30/politics/government-shutdown-up-to-speed/ -
Trade Deficit EU/NATO Russian Trade Embargos 2014
In response to Russia’s annexation of the Crimean area, the EU and NATO wrote trade sanctions to freeze Russian assets that businesses, and the government possessed. With these sanctions in place, the EU and NATO sought to aid the Crimea in stabilizing and growing as a democracy. This was a monetary action because it is there to help Crimea financially.
http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:L:2014:271:FULL&from=EN -
Trade Deficit; Domestic Shale Oil/Oil Pricing
Domestic oil prices from about 2008-2014 had been on the rise due to conflicts and trade restrictions on the US importing from the Arabian sub-continent. The US had known about areas in the nation that ha shale oil but lacked the technology to refine it until recently. Now gas and oil prices in the US are going down because of the shale being extracted from the Dakotas. This is a result, due to the drop in oil prices with trade deficit. https://hbr.org/2016/03/what-low-oil-prices-really-mean -
Leadership Deficit- Election Scandals
The primary candidates for both parties have been involved in multiple scandals. Democrat Hillary Clinton’s email security breaches and leaks about rigged polls, questions her integrity. Republican candidate, Trump’s waffling about immigration, gun laws, and foreign policies make him an unwitting candidate. Result, no legit leaders. http://www.inquisitr.com/3293844/hillary-clinton-vs-donald-trump-polls-america-does-not-want-clinton-or-trump-could-a-third-party-candidate-influence-the-election/
