Major events and effects on American Economy 1990-2004 including Enron, 911, immigration, outsourcing, bush tax cut, internet, and statistical info. vanderbilt

Essay by BrthrbruceUniversity, Bachelor's July 2004

download word file, 22 pages 5.0

Major Events in American Economy:

1990- Present

5.7.04

Universidad de La Serena

Facultad de Ciencias Sociales y Ecónomia

Ingenería Comercial

FACTS ABOUT THIS DECADE

Population: 281,421,906 (2000 Census)

Unemployment: 5.8 million, or 4.2% (Sept 99)

National Debt: $5,413.l Million (1997)

Average Salary: $13.37/hr (1999)

Teacher's Salary: $39,347 (1998)

Minimum Wage: $5.15/hr (1997)

Life Expectancy: Male 73.1 Female 79.1(1997)

Auto Deaths: 49,772 (1997)

1990 Economy / Prices

--------------------------------------------------------------------------------

Economy

President: George Bush

Vice President: Dan Quayle

Population: 249,438,712

Life expectancy: 75.4 years

Dow-Jones

High: 3,000

Low: 2,365

Federal spending: $1252.52 billion

Federal debt: $3206.6 billion

Inflation: 5.4%

Consumer Price Index: 130.7

Unemployment: 5.3%

Prices

Cost of a new home: $149,800.00

Cost of a new car: $

Median Household Income: $29,943.00

Cost of a first-class stamp: $0.25

Cost of a gallon of regular gas: $1.16

Cost of a dozen eggs: $1.00

Cost of a gallon of Milk: $2.78

1995 Economy / Prices

--------------------------------------------------------------------------------

Economy

President: Bill Clinton

Vice President: Al Gore

Population: 262,764,948

Dow-Jones

High: 5,216

Low: 3,832

Federal spending: $1519.13

billion

Federal debt: $4921.0 billion

Inflation: 2.5%

Consumer Price Index: 152.4

Unemployment: 6.1%

Prices

Cost of a new home: $158,700.00

Cost of a new car: $

Median Household Income: $34,076.00

Cost of a first-class stamp: $0.32 (as of 1/1/95)

Cost of a gallon of regular gas: $1.15

Cost of a dozen eggs: $1.16

Cost of a gallon of Milk: $2.96

1999 Economy / Prices

--------------------------------------------------------------------------------

Economy

President: Bill Clinton

Vice President: Al Gore

Dow-Jones

High: 11,750

Low: 9,181

Federal spending: $1716.95 billion

Federal debt: $5978.5 billion

Unemployment: 4.5%

Inflation: 2.1%

Prices

Cost of a new home: $195,800.00

Cost of a new car: $

Cost of a first-class stamp: $0.33 (as of 1/10/99)

Median Household Income: $39,973.00

Cost of a gallon of regular gas: $1.17

Cost of a dozen eggs:...