luni, 15 septembrie 2014

Where we were; where we are

 

It was six years ago today that Lehman Brothers filed for chapter 11 bankruptcy. It shocked Wall Street -- and plunged this country into the worst financial crisis since the Great Depression.

The fallout was immense.

The ensuing recession eliminated nearly 9 million jobs, threatened the American auto industry, and shrunk the economy by hundreds of billions of dollars. So when President Obama took office in January of 2009, he took swift action to rescue the economy and make sure that a crisis like this could never happen again. Thanks to the grit and resilience of the American people, our economy has added more than 10 million jobs, and is adding more every day.

Six years after the collapse of Lehman Brothers and a financial crisis that rocked our economy, we've made real progress. Want to know what that looks like?

See just how far we've come: Check out these interactive charts and listen to senior Administration officials talk about what we faced as a country -- and where we are now.

Click to make this graphic interactive.

There's still more work to do, but these charts and audio show where we stood when President Obama took office, where we are now, and what it took to get there. From breaking ground on new homes and building more cars, to selling more American products abroad and buying more at home, check out these graphics -- and listen to senior Administration officials talk about the critical decisions President Obama made.

Jason

Jason Furman
Chairman, Council of Economic Advisers
The White House
@CEAChair


 

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