The Economic Crisis in America
The Economic Crisis in America
The Road Of Despair
Abstract
We are going through a crisis that is sweeping the nation and affecting our people greatly. I will be discussing terrorist attacks; the war in Iraq, the falling housing market, government’s bailing out program, unemployment and the natural disasters which have played a key role in the direction our country has taken in the twenty first century. I will provide in-depth examples on how each event has impacted our economy and social circumstances. Each piece fits together like a puzzle and creates what we now have “The State of Emergency”. Are entering into what could be known as next great depression? Hopefully our government will act fast and dig us out off this rut that were are headed toward, before it is too late!
Introduction
Over centuries people from all over the world have migrated to the United States for the hope of living “The American Dream”. This country has stood for inalienable rites such as freedom of speech and religion. These specific rights have attracted millions to migrate into the United States. Immigrants have been driven here for the opportunity to prosper financially and spiritually. It’s for this reason; America has grown into one of the most powerful countries in the world. Other countries look up to us as an example of how to lead their own countries.
Within the United States it’s a different story. Since the industrial age started the people of America have become greedy. One of the most common phrases amongst Americans is “I want my children to have everything, I didn’t have”. This mentality has placed our country into a “State of Emergency”. This country has raised many generations to pose this believe and created a self-centered way of life. Now we have the rich, who get richer and the poor who continue to get poorer.
Since the beginning of twenty first century we have faced one ordeal after another.
The Road Of Despair
Abstract
We are going through a crisis that is sweeping the nation and affecting our people greatly. I will be discussing terrorist attacks; the war in Iraq, the falling housing market, government’s bailing out program, unemployment and the natural disasters which have played a key role in the direction our country has taken in the twenty first century. I will provide in-depth examples on how each event has impacted our economy and social circumstances. Each piece fits together like a puzzle and creates what we now have “The State of Emergency”. Are entering into what could be known as next great depression? Hopefully our government will act fast and dig us out off this rut that were are headed toward, before it is too late!
Introduction
Over centuries people from all over the world have migrated to the United States for the hope of living “The American Dream”. This country has stood for inalienable rites such as freedom of speech and religion. These specific rights have attracted millions to migrate into the United States. Immigrants have been driven here for the opportunity to prosper financially and spiritually. It’s for this reason; America has grown into one of the most powerful countries in the world. Other countries look up to us as an example of how to lead their own countries.
Within the United States it’s a different story. Since the industrial age started the people of America have become greedy. One of the most common phrases amongst Americans is “I want my children to have everything, I didn’t have”. This mentality has placed our country into a “State of Emergency”. This country has raised many generations to pose this believe and created a self-centered way of life. Now we have the rich, who get richer and the poor who continue to get poorer.
Since the beginning of twenty first century we have faced one ordeal after another.