Although I have not thought about it too much, I don't think America will ever go through another great depression. I definitely think that our country has severe economic problems; however, people are more aware of these problems than they were before the Great Depression, and there are many actions being taken by the government to help improve the economic struggle that we're in today; actions that could not be taken in the 1920's because some of the programs that are available today were not available before or during the Great Depression. If our country were to fall into another great depression, I would have to sacrifice all the unnecessary luxuries and all the unneeded activities I partake in. I might have to get rid of my television and my computer; I would no longer be able to purchase nonessential things such as coffee, gum, new shoes, new clothes, snacks, books. I would probably have to get rid of my cell phone because I wouldn't be able to afford the bill, I might even have to give up my cats because I wouldn't be able to afford their food and litter. My family might have to move to a smaller house or an apartment, and I might not have a decent meal every night. My family would probably have to give up the cars or at least one of them because gas is so expensive; I might even have to stop going to school if my parents couldn't afford to take me there every day. If my dad lost his job my family would really suffer because he is the only source of income in my household. My family might literally starve or freeze to death because we wouldn't be able to pay for food or the heating bill, or any bills for that matter. According to the author, the world in a 21st century depression would look much different than it did during the 1930's because "we are separated from the 1930's by decades of profound economic, technological, and political change." The author believes that a 2009 Great Depression would be "largely invisible because people would experience loss privately, not publicly." I tend to agree with this for the most part; people don't like to voice their struggles, especially when it comes to money. I think that, if the depression got bad enough, though, it would be far from invisible, and not as subtle as the author would make it out to be.
Sunday, December 6, 2009
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