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{"id":705339,"type":0,"block_id":"rohroh_1362499157","theme_id":32,"user_id":245591,"path":"The-Effects-of-Economic-Policy","title":"The Effects of Economic Policy","pubtitle":"The Effects of Economic Policy","tags":"","public":true,"publicAccess":true,"private_link_enabled":0,"thumb":"https://s3-eu-west-1.amazonaws.com/infogram-thumbs-200/rohroh_1362499157.jpg","width":550,"copyright":"Rohit was here","properties":{"publishType":0,"transparent":false,"rtl":false,"export_settings":{"showGrid":true,"showValues":true},"whitelabel":false,"embed_button":"enabled","title_link":"infogram","custom_logo":"infogram","custom_link_url":"","embed_button_text":"Share","decimal_separator":".,"},"elements":[{"type":"particle","particle_id":16639636,"object_id":"47b8e342-eac5-11e4-a037-7b5f270fdca9","particle_type":"maintitle","picture":null,"text":"The Effects of Economic Policy","content_type":"","title":null,"shrink":null},{"type":"particle","particle_id":684021,"object_id":"rohroh_1362499157","particle_type":"quote","picture":null,"text":"FDR vs Obama","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":666649,"object_id":"rohroh1362501284","particle_type":"bodytitle","picture":null,"text":"US GDP History","content_type":"","title":"","shrink":null},{"type":"chart","chart_id":1055292,"object_id":"rohroh_1362499157","chart_type_nr":6,"data":[[["Past GDP","1920","1935","1950","1965","1980","1995","2010"],["USA","88.4","73.3","293.7","719.1","2788.1","7414.7","14058.2"],["USA Real GDP (2005)","687.7","865.0","2006","3610","5839","9093","13088"]]],"custom":{"smooth":true,"xlabel":"Year","ylabel":"GDP (Million US Dollar)","showPoints":false,"legacyTransposeDone":true,"switchRowsColumns":true},"colors":["#e84f2c","#ff9000","#e37900","#e4ba51","#e3b786","#825846","#59392a","#564c30","#897d6e","#627c82","#93af8a","#a0ba5e","#63ba5e","#5ebab2","#6596b7","#b477ba","#473057","#bc416e","#c896af"],"dimensions":[],"modifier":0,"sheetnames":[],"sheets_settings":[]},{"type":"particle","particle_id":684176,"object_id":"rohroh1362500277","particle_type":"bodytext","picture":null,"text":"In general, GDP has been increasing over time. Overall, the economic policies of the US are pretty good but I'm more interesting in what happened during the Great Depression and recent recession. ","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":882011,"object_id":"rohroh1365674799","particle_type":"maintitle","picture":null,"text":"FDR","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":684276,"object_id":"rohroh1362500909","particle_type":"bodytitle","picture":null,"text":"GDP During the Great Depression","content_type":"","title":"","shrink":null},{"type":"chart","chart_id":1055606,"object_id":"rohroh_1362500398","chart_type_nr":6,"data":[[["GDP","1928","1929","1930","1931","1932","1933","1934","1935","1936","1937","1938","1939","1940","1941","1942"],["USA","97.36","103.6","91.2","76.5","58.6","56.4","66","73.3","83.8","91.9","86.1","82.2","101.4","126.7","161.9"],["Unemployment","4.2",null,"8.7",null,"23.6",null,"21.7",null,"16.9",null,"19.0",null,"14.6","9","4.8"]]],"custom":{"smooth":true,"xlabel":"Year","ylabel":"GDP (Million US Dollar)","reverse":false,"showPoints":false,"legacyTransposeDone":true,"switchRowsColumns":true},"colors":["#e84f2c","#ff9000","#e37900","#e4ba51","#e3b786","#825846","#59392a","#564c30","#897d6e","#627c82","#93af8a","#a0ba5e","#63ba5e","#5ebab2","#6596b7","#b477ba","#473057","#bc416e","#c896af"],"dimensions":[],"modifier":0,"sheetnames":[],"sheets_settings":[]},{"type":"particle","particle_id":882431,"object_id":"rohroh1365678207","particle_type":"quote","picture":null,"text":"\"These are days when many are discouraged. In the 93 years of my life, depressions have come and gone. Prosperity has always returned and will again.\"","content_type":"","title":"- John D. Rockefeller","shrink":null},{"type":"particle","particle_id":684324,"object_id":"rohroh1362501361","particle_type":"bodytext","picture":null,"text":"After the economic crash in 1929, GDP decreased until 1933. Roosevelt introduced his New Deal economic policies in 1933 as well, after he inaugurated into office. This growth continues until the 1937, where GDP dips as the US goes into a small recession. GDP then spikes as war production spikes as the US enters World War II.","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":881594,"object_id":"rohroh1365670978","particle_type":"bodytitle","picture":null,"text":"During the Great Depression, Unemployment peaked at 25%, compared to 10% during the recent recession.","content_type":"","title":"","shrink":null},{"type":"chart","chart_id":1397049,"object_id":"rohroh_1365670653","chart_type_nr":3,"data":[[["Population","Unemployement"],["Unemployed","1"],["Employed","3"]]],"custom":{},"colors":["#e84f2c","#ff9000","#e37900","#e4ba51","#e3b786","#825846","#59392a","#564c30","#897d6e","#627c82","#93af8a","#a0ba5e","#63ba5e","#5ebab2","#6596b7","#b477ba","#473057","#bc416e","#c896af"],"dimensions":[],"modifier":0,"sheetnames":[],"sheets_settings":[]},{"type":"particle","particle_id":881914,"object_id":"rohroh1365673633","particle_type":"bodytitle","picture":null,"text":"The New Deal Policies ","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":881915,"object_id":"rohroh1365673650","particle_type":"bodytext","picture":null,"text":"FDR's New Deal policies were economic programs he created to help stimulate the economy. The first New Deal was enacted between 1933 and 1934, he had three main goals: Relief for the unemployed, Recovery the economy, and Reform economic policies to prevent this situation from arising again. These programs created jobs while increasing government spending. The Second New Deal, between 1935 and 1938 introduced things such as Social Security to protect social welfare and the Wagner Act to promote labor unions. ","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":882023,"object_id":"rohroh1365674929","particle_type":"bodytitle","picture":null,"text":"The Effect of His Policies","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":882047,"object_id":"rohroh1365675079","particle_type":"bodytext","picture":null,"text":"After enacting his New Deal policies, the economy started to recover slowly. This trend continued until 1938 where the economy went into a smaller economic downturn. After a year the economy started to recover again but it would take wartime production and a massive increase in government spending due to the entrance of WWII to completely get the US out of the economic downturn of the 1930's.","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":882080,"object_id":"rohroh1365675455","particle_type":"maintitle","picture":null,"text":"Obama","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":882120,"object_id":"rohroh1365675833","particle_type":"bodytitle","picture":null,"text":"GDP 2006-2012","content_type":"","title":"","shrink":null},{"type":"chart","chart_id":1397647,"object_id":"rohroh_1365675534","chart_type_nr":6,"data":[[["GDP","2006","2007","2008","2009","2010","2011","2012"],["USA","13377.2","14028.7","14369.1","13939","14508.2","14913","15695"]]],"custom":{"smooth":true,"showPoints":false,"ylabel":"GDP ($ billion nominal)","xlabel":"Year","legacyTransposeDone":true,"switchRowsColumns":true},"colors":[],"dimensions":[],"modifier":0,"sheetnames":[],"sheets_settings":[]},{"type":"particle","particle_id":882140,"object_id":"rohroh1365675996","particle_type":"bodytitle","picture":null,"text":"Unemployment Rate 2006-2012","content_type":"","title":"","shrink":null},{"type":"chart","chart_id":1397715,"object_id":"rohroh_1365676020","chart_type_nr":6,"data":[[["Year","2006","2007","2008","2009","2010","2011","2012"],["Unemployment Rate","4.7%","4.72%","5.8%","9.5%","9.5%","9%","8.2%"]]],"custom":{"smooth":true,"showPoints":false,"xlabel":"Year","ylabel":"Unemployment Rate (Percentage)","legacyTransposeDone":true,"switchRowsColumns":true},"colors":[],"dimensions":[],"modifier":0,"sheetnames":[],"sheets_settings":[]},{"type":"particle","particle_id":882227,"object_id":"rohroh1365676480","particle_type":"bodytitle","picture":null,"text":"\"Great Recession\"","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":882231,"object_id":"rohroh1365676506","particle_type":"bodytext","picture":null,"text":"Often attributed to US Monetary policy and risking lending by private financial institutions, the recent financial crisis started with the housing bubble collapse during 2007. This quick drop in estate prices created a domino effect crippling the economy on many fronts and bringing up unemployment to 10%, the highest in almost 30 years. US domestic demand decreased for 5 quarters and the wealth inequality between the rich and poor continued to grow.","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":882272,"object_id":"rohroh1365676864","particle_type":"bodytitle","picture":null,"text":"Obama Takes Office","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":882286,"object_id":"rohroh1365677042","particle_type":"bodytext","picture":null,"text":"Obama, like FDR, instituted liberal economic policies to combat the recession. He injected billions of dollars into the economy through \"economic stimulus packages\", much like FDR did with the New Deal policies. He has also set records for deficit spending, where spending exceeds revenue, over the past few years. Other things he has done is cut taxes, and pushed through a healthcare reform (Patient Protection and Affordable Care Act) in attempt to reduce spending. ","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":882352,"object_id":"rohroh1365677513","particle_type":"bodytitle","picture":null,"text":"Effects","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":882353,"object_id":"rohroh1365677528","particle_type":"bodytext","picture":null,"text":"Overall, Obama's economic policies has helped the economy recover at a slow rate. GDP has been increasing, and unemployment has been decreasing very slowly. Obama's economic policy looks for long term solutions rather than short term ones, so there is still a long way to go. Nation debt continues to skyrocket out of control and is an issue that needs to be addressed. Of course, the economy has to fully recover before any of this can happen so tax revenues can come back to normal levels so we can get out of deficit spending. If this doesn't happen, we might be stuck in a hole that we can't get out of. ","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":882423,"object_id":"rohroh1365678129","particle_type":"quote","picture":null,"text":"\"In the long run we are all dead.\"","content_type":"","title":"- John Maynard Keynes ","shrink":null},{"type":"particle","particle_id":882440,"object_id":"rohroh1365678269","particle_type":"maintitle","picture":null,"text":"Works Cited","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":882443,"object_id":"rohroh1365678280","particle_type":"bodytext","picture":null,"text":"\"Databases, Tables & Calculators by Subject.\" Bureau of Labor Statistics Data. N.p., n.d. Web. 11 Apr. 2013.\n\n\"New Deal.\" History.com. A&E Television Networks, n.d. Web. 11 Apr. 2013.\n\n\"Obama's Economic Policies Since Becoming President.\" About.com US Economy. N.p., n.d. Web. 11 Apr. 2013. \n\n\"US Gross Domestic Product GDP History.\" United States 1950-2010. N.p., n.d. Web. 11 Apr. 2013.","content_type":"","title":"","shrink":null}],"theme":{"createdAt":"2016-04-22T04:54:07.000Z","updatedAt":"2016-12-28T10:33:53.000Z","logoImages":[""],"charts":{"table":{"shapeFill":"e84f2c","headerColor":"#6f6f6f","cellColor":"#6f6f6f","headerBackground":"#eeeeee","cellBackground":"#ffffff"},"treemap":{"labels":{"name":{"fontFamily":"PT Sans Narrow","fontWeight":"700"},"value":{"fontFamily":"PT Sans Narrow"}}},"wordcloud":{"labels":{"fontFamily":"Arial","fontWeight":"700"}}},"color":{"bg":"#ffffff","text":"#000000","chart":{"bg":"transparent","text":"#7d7d7d"},"element":{"bg":"transparent","text":"#000000"}},"colorPresets":[],"localFonts":[],"font":{"common":{"fontFamily":"PT Sans Narrow","fontWeight":"400","fontStyle":"normal","fontSize":"16","textAlign":"initial"},"label":{"fontWeight":400,"fontSize":16},"legend":{"fontWeight":"400","fontSize":"16"}},"fontPresets":[],"fontFamilies":["PT Sans Narrow","Verdana","PT Serif","PT 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