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Auto Bailout (Budget)
Congress passed a $25 billion bailout to help the Big 3 of GM, Chrysler, and Ford. By 2014 it cost $80 billion. http://useconomy.about.com/od/criticalssues/a/auto_bailout.htm -
Barack Obama Elected President (Leadership)
Since Obama took office in 2008, the federal debt has increased by nearly 70%. http://www.nytimes.com/2008/11/05/us/politics/05campaign.html?pagewanted=all&_r=0 -
American Recovery and Reinvestment Act (Budget)
This was a stimulus package signed into law as a response to the economic recession, http://www.recovery.gov/arra/About/Pages/The_Act.aspx -
Hurricane Sandy
Hurricane Sandy hits the East Coast and causes an estimated $65.6 billion in damages http://americasbesthistory.com/abhtimeline2010.html -
U.S. Gross Domestic Product (Savings)
In 2013 the United States Gross Domestic Product was $16.77 trillion. http://www.google.com/search?q=us+gdp+2013&oq=us+gdp+2013&aqs=chrome..69i57j0l5.2342j0j7&sourceid=chrome&es_sm=93&ie=UTF-8&gws_rd=ssl&safe=active -
Janet L. Yellen appointed Chair of Federal Reserve (Leadership)
The first female Chair of the Federal reserve was appointed by president Obama and confirmed by the Senate, http://business.time.com/2014/01/06/janet-yellen-fed-chair/ -
Republicans Take Majority in Senate (Leadership)
Conservative-minded Republicans took back the majority in the Senate for the 1st time since 2006 http://nypost.com/2014/11/04/republicans-making-powerful-bid-for-senate-control/ -
US Savings Rate (Savings)
The US Savings rate currently sits at 5.6%. http://www.google.com/search?q=us+savings+rate&oq=us+savings+rate&aqs=chrome..69i57j0l5.3717j0j4&sourceid=chrome&es_sm=93&ie=UTF-8&gws_rd=ssl&safe=active
