United States, Financial and Economic Crisis

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The United States had a financial and economic crisis during thepresidency of Reagan because of the plastic money policy. Thoseyears became the beginning of the citizens credit card debt; however,during the Bush Jr. government, a financial attack happened in UnitedStates history, known as 9/11.The critical crisis began in the real estate market, affecting Obamaseconomic policy in his early presidential years. After that, theeconomy had been growing. At times it downsized but bounced backto recovery in 2010.