Economics & Sacrifice ~ America


In America, we are currently experiencing major economic issues. America has gone through depressions in the past. Recently, America has been changing not for the better, but for the worst. Today, America is slowly slipping back into depression while in the midst of the greatest recession since the 1940's. Thousands of people are loosing their jobs every day. Companies can no longer support all of their workers so they are laying off more and more each day. According to The New Depression, "When prices drop across the board companies are forced to lay off workers, lay offs lead to decreases in disposable income which in turn lead to decreased consumption. In order to bring in customers companies must drop prices further, thus setting off another cycle. If this spirals out of control we see massive joblessness, falling personal income, and prices so low companies cannot afford to produce or sell goods"(1). This cycle can ruin America if we do not fix it soon. So many families in America are facing money issues. Without a job available for them, they cannot support their family. Many parents are sacrificing so much of their time and their life for their families so they can have dinner on their table every night.

Not only are Americans making sacrifices for their families, so many people are sacrificing their time and money for others by setting up volunteer shelters. There are food shelters, homeless shelters and many other types of shelters all across America that run strictly off of volunteer work, that is work without pay. These people that volunteer at these shelters are sacrificing their valuable time to help out the less fortunate when they could be working to make money of their own to support themselves and their family.





This is a video of Robert Reich explaining the major things that are wrong with America's economy today. Double click the video to view the YouTube website.












This is a video of Robert Reich explaining the aftershock and the economic recession America is in today. Double click the video to view the YouTube website.












This is a music video of Price Tag by Jessie J. She is saying that money isn't everything and we need to fix our every day focus on money and enjoy our world today. Double click the video to view the YouTube website.