ECO 202
The American Economy 2008 ~ 2018
Latonya Parrish
Eco 202
Milestone one
Southern New Hampshire University
2008: The Global Financial Crisis
More than 25 subprime lenders filed for bankruptcy
2008: Congress Passes $700 Billion Bailout Bill
2009: The unemployment rate rose to 10.0%, the worst since the 1982 recession.