EconomyAfter the events of 9/11, the U.S. economy becomes more precarious, unstable growth. Two wars in Afghanistan and Iraq plus the costs for the measures against terrorism in the country makes the defense budget and domestic security costs rise rapidly. The White House facing a large budget deficit situation. Unrest in the Middle East pushed the price of oil and gold up, towering drag according to the rise in the prices of many other commodities, while the dollar back off. The action then the negative impact to the economic recovery process, turning it into a vicious can't seem to end. In 2007, the global financial crisis broke out in America and spread. A series of large corporation declared bankruptcy. Consumer confidence plunged, the U.S. economy had fallen into recession again becomes more and more difficult.
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