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Leadership - Barack Obama's First Two Years Political Accomplishments
He helped the economic stimulus, bringing the financial system back from the brink of collapse, rescuing two automakers, universal health care, sweeping reform of financial regulation, and major changes in student loan programs, among many others. He and his party did everything in their power to grow the economy. Link text -
Budget - Debt continues to rise
Annual deficits have fallen substantially over the past six years, largely due to rapid increases in revenue (largely from the economic recovery), the reversal of one-time spending during the financial crisis, small decreases in defense spending, and slow growth in other areas. In 2007 it was 5 trillion and in 2009 it was 7.5 trillion and today it is 13.1 trillion. GDP rose from 35 percent in 2007 to 74 percent in 2014-2015. Fiscal policy going on since 2009-2015
http://crfb.org -
Savings - Ending sales of paper savings bond
U.S. Department of Treasury ending sales of paper savings bonds. Electronic bonds aren’t easily lost or misplaced as paper. The change was estimated to save taxpayers around 70 million over next five years. Link text -
High Level Economic Dialogue
This event was created to join both mexico and the U.S, intended to advance strategic economic and commercial priorities that are important to promote mutual economic growth, job creation, and global competitiveness.
Annually. Result. Deficit- Trade
(https://mx.usembassy.gov/slide/vicepresidente-biden-llega-a-mexico/) -
Barack Obama’s decision to delay the deportation of 5 million immigrants
In a primetime, televised speech on Nov 20, 2014, President Barack Obama announced he was taking executive action to delay the deportation of some 5 million illegal immigrants. He challenged those in Congress who oppose the policy to pass new immigration legislation.
http://assets.nydailynews.com/polopoly_fs/1.1933022.1410240144!/img/httpImage/image.jpg_gen/derivatives/landscape_1200/immigration-009-050114.jpg
Monetary policy. Area- Leadership -
Leadership - Trump's Economic Plan
Trump’s plan for the country is to decrease taxes for everyone, however this could cause 1 trillion a year to be added to U.S. debt. He also plans to cut government spending and “ease the burden of Obamacare”. Link text
