Read the following link that matches with our chapter 23 in class. This article will give us a nice spring board to begin conversations about the current data and what this tells us about the health of our economy.
After reading this article make 3 points supporting your belief about the health of our economy. Use the article and the data to support your points.
This article is due October 14th.
22 comments:
i believe the united states is slowly falling back into another recession. the unemployment rate is rapidly increasing. i believe obama is doing a lot to try and help the recover the economy. i think we will be able to get out of this recession.
woo-hoo another recession . . . that sucks, but so does doing these blogs, nonetheless i do them, because its a free grade but an annual income dropping $53,195 thats around 48 Monsters a day, like id ever drink that many, maybe 5 or 6
the united states is going into another recession slowly but sure. people are losing jobs left and right and people arnt finding jobs at all. the government is telling us all these ways they are going to try to make it by making more jobs for people but it always fails. in m opinion i just think the united states needs to get used to being in a recession.
I believe that, though the economy is TECHNICALLY out a recession, that's nothing to celebrate. You go to surgery, the first cut is successful, that's no reason to celebrate. Our economy may be improving slightly but the surgery is nowhere near finished.
I believe we are falling into another recession. However, the state of the economy is worrying me. I was talking to my father last night about the state of the economy, and he pointed out that the state of our economy now is very similar to how it was 100 years ago, leading into the Great Depression. I hope that this does not lead to a second Great Depression, with money situations as tight as they are. If this does lead to a recession, I don't think the U.S. will be able to handle it as well as the first time, since people cannot even deal with the economy as it is.
I believe Obama is doing all he can to help, whether he is being successful or not. Everyone puts him down, saying his plans suck, or that he's not doing anything to help the economy. In my opinion, we don't see what goes on behind closed doors at the White House. We only see his addresses, and many people don't even see those. How can we know whether he's doing anything to help? I think he is doing anything he can to pull off his ideas, which he thinks help the economy.
Sure it was announced that we are out of the recession but times are still hard. Unemployment rates are still high. Also the annual income is dropping. Lastly people are still having to make many sacrifices for things they have to buy. This is why I believe we are still in a recession.
the governments aid that we are out of a recession but it doesn't always seem like it. a lot of people are still unemployed. and if you get a job, it doesn't pay as well as it used too. and with less income people have to make a decision on what is more important to have. if we weren't in a recession things would be easier and you could enjoy more things.
I feel like our country is slowly falling into another recession. Our unemployment rate is going up again and there are no new jobs to help people find jobs. I feel like Obama is doing his best to help our country and i think he is doing a good job. Our economy is trying to slowly improve and i feel like it will take some time but will eventually make it out but not anytime soon.
I believe that the country is falling into another recession. There are so many people who are unempolyed and can't find a job along with so many people losing their jobs or suffering pay cuts. This makes life really difficult, especially when there is less money for the things we need. That is why I believe we are in a recession.
I think that we are on our way back into a recession. Although things were doing a little better, i think somebody jumped the gun. People are getting laid off everyday or they are still unemployed. It makes living harder cause it's hard to find a job, let alone one that pays what they're used to. the government is trying to help but it's not working very well. I think that if we try hard enough we can stop this before we go completely back into another recession.
So many people these days have lost their jobs and the unemployment rate has rapidly increasing. Also everybody lately has been trying to get jobs and they cant because since the economy is so bad, everybody has not been trying to get jobs but they just cant because they cant afford to loose anybody that already has a job.
I think that we are going into another recession so gear up.
i believe that the us is falling back into the recession. our unemployment rate is going up rapidly. but then again i don't think obama is doing everything he can do to help us get out of this recession. i think if he was doing his job we would have been out of the recession by now.
I feel like we are falling back into to a recession. first because the unemployment rate is still falling at a constant rate.
second the government says there going to try and fix it but never can.
Third we might but out of it right now but all the statistic show that we will fall right back in to one. So I am not going to be supprised if we do.
I believe we are falling back into a recession. Henry Farber even said, "Job losers are having more trouble than ever before finding full-time jobs." The lenght that people have been unemployed has increased to an average of 40.5 weeks. The hourly pay of people employed is not keeping up with the rate of inflation.
I think that the U.S is begining to go back into a recession. this is because the unemployment rate has sky rocketed, and the average annual income has fallen. People are also having to sacafrice more to buy the things they want.
While the recession is officially over, I believe that we may be falling into another recession. The unemployment rate is still high, average length of time a person who has lost a job remains unemployed continues to increase and the median household income continues to fall.
the governments aid that we are out of a recession but it doesn't always seem like it. To many are still unemployed. and if you get a job, it doesn't pay well and with less income people have to make a decision on what is more important to have. if we weren't in a recession things would be easier and you could enjoy alot more in life
I believe that the country is falling into another recession. There are so many people who are unempolyed and can't find a job along with so many people losing their jobs and suffering pay cuts. This makes life difficult, especially when there is little money for the things we need. This is why I believe we are in a recession.
I do believe that the U.S. is falling into another recession, if we even completely got out of the last one. There is still a massive unemployment increase and no one seems to be doing anything about it. Obama is trying but is not living up to the expectations the country had for him.
the government is telling us all these ways they are going to try to make it by making more jobs for people but it always fails.a lot of people are still unemployed. and if you get a job, it doesn't pay as well as it used too.
This worries me. Well, not me personally because if my income goes down, then minimum wage fell. But anyways, with the fed continuing to print money out of thin air AND incomes falling, that means that many people wont be able to afford a lot of stuff in the future. Less money that's less valuable... thank Ben Bernanke.
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