Monday, January 10, 2011

GDP





People think that since we just went through a recession and that its almost over, that the economy will go back to what it was in a short period and it won’t because as history has shown us it does take time and doesn’t always get back to where it originally started. The problem is the debt and we have accumulated the most debt ever over the years. There are a lot of contributing factors to what contributed to our debt pile. Some issues have to do with the housing, unemployment, losing jobs to overseas, and the decline to the dollar. If we don’t solve this problem or at least find a way to slow it down its just going to hurt our nation for many years to come. -MC #30 

No comments:

Post a Comment