Money! Money! Money!

1101 Words3 Pages

Money! Money! Money! America loves making money, spending money; however, what Americans including myself do not want to hear is that our country is struggling to make currency. In some way, somehow your everyday life is impacted due to a major issue you are dealing with. The issue that affected me greatly in the past and is still contemporarily affecting me is definitely the unfortunate recession our economy is facing which caused havoc in my family, and almost permanently damaged my hopes in getting somewhere with my education. Unemployment rates are at the absolute lowest, oil pricing is jaw dropping; businesses are losing massive amounts of money on a day to day basis. The economy is causing complete pandemonium and affected the lives of my family and me greatly. According to President Barack Obama who claims to help us progress and get out of this economic slump “Money is not the only answer but it makes a difference.” For the most part I agree with President Obama’s statement, however, for my family and I money was crucial due to the recession and the unemployment rates dropping at record numbers.

Money is essential and very necessary in my household. For the most part both of my parents never had any complications handling their bills, and house payments since I can remember. However, around January of 2008 both of my hardworking parents employed in management positions were struggling to pay the monthly mortgage due to a sudden loss of hours from their workplace. Everyday more and more Americans were getting terminated from their jobs. It almost seemed as if though our country was greatly slipping and the ability for middle class Americans to progress financially was very weak. Ross Perot once said “A weak currency is the...

... middle of paper ...

...ck Obama is doing all he can in his power to my understanding to regulate the economy and try and rebuild it as much possible. A recession is a very difficult thing to deal with, believe me I know. I am still dealing with it currently. If I am not mistaken, it seems to me as if money is really what it is all about. I believe the only reason our economy got this bad and the reason in why we are in a recessive stage is due to non other than greed. “There's plenty of juice to keep this economy going” (Steve Forbes). Ultimately the economy will rebuild itself. Once it does better itself and this unfortunate recession ceases to exist we must acknowledge that and maintain it that way for as long as we can. We would not want our great country the powerhouse that it is to be looked as a lost cause due to economical problems.

Works Cited not done yet.

Open Document