Monetary and Fiscal Events after 2007

  • Iraq War

    Iraq War
    Budget & Leadership Fiscal & Monetary According to Reuters.com the Us spent 1.1 trillion dollars of borrowed money, which later would cost 7.9 trillion. The iraq war put a serious burden on the Us treasury and contributed to the current financial situation that we are in today.
  • Kim Jong-un Named leader of North Korean Army.

    https://youtu.be/GGErzoSAFt8 In 2011 after a fatal heart attack Korea’s long time dictator passed away, passing the Kim mantle to his son Kim Jong Un. America is now threatened by a much more hot tempered and unpredictable leader.
  • IRS repays the taxed

    IRS repays the taxed
    https://static.esea.net/global/images/teams/119386.1455077032.jpg
    In 2013 the IRS made a major announcement they, would repay everyone who had not refiled until April 15their taxes up to 500 dollars a person at least.
  • Shortage of Oil- Budget Monetary

    Shortage of Oil- Budget Monetary
    According to Usnews.com, since June 2014 there has been a shortage of oil in the United States. Oil is roughly $45 a barrel of oil now and scientists are looking for other ways to obtain oil. Although there may be shortage in the US, we are importing oil from other countries.
  • Trumps Education Secretary Pick- Leadership Fiscal

    Trumps Education Secretary Pick- Leadership Fiscal
    According to CNN.com, Trump has picked his secretary of the Department of Education named Betsy DeVos. She’s had previous experience trying to repatch the Michigan schools, she has tried to open more charter schools there. People aren’t sure if Trump will stick with his decision promised on his campaign to eliminate the Department of Education. She has promised not to strip funding from public schools.
  • Trump withdraws US from TPP

    Trump withdraws US from TPP
    Trade and Monetary According to Aljazeera.com President DonaldTrump pulled the US from the Trans-Pacific Partnership which was a trade agreement between the US and 12 other countries. Trump thinks it would have been a disaster and decided to take us out of it. In turn he has talked about Us companies bringing jobs to our country instead of out sourcing.