After reading "Depression 2009: What would it look like?", it made me think about going through another Depression and how scary it could be, this also scared me because I had never thought if it before. I honestly think that we could go through another depression. Then again, I don't think that the depression would be as bad as the 1930's. I think think the depression would be as bad as the 1930's because after the 1930's a lot of new systems were set up, like social security, which proved unemployment benefits, pensions, and disability payments, which can help a lot of people out. Also I think that it would a little bit easier because now banks have a system that even if the bank gets robbed your money is still secure.
My family would defiantly have to make a lot of sacrifices in order to deal with a depression. The first one would be that I would have to pay for a lot more than i have to now, like sports, food, and the money that I get at my job i would probably have to get more hours and cut down on my sports time. Another sacrifice that my family would have to make is that my brother would either have to get a job at college and pay for more of his tuition, or just come home. A lot of things would change if my parents lost their jobs both physically and mentally. First, I feel like the stress level in my home would go up with my parents worrying about how they are going to make ends meet. Second, I think that the unemployment check would go to food, and mandatory necessities and my siblings and I would have to 100% pay for everything we needed or wanted. A lot of luxurious would be lost.
According to the Author, Dreake Bennett, the world would look different from when it did during hte 1930's he states "the lines would't be outside soup kitches but a emergency rooms, and rather than itinerant farmers we could see waves of laid-off oicciec workers leaving home for foreclosure and heading for areas of the country werhe thers more work", in this quote he talks about differences in what would be bad during a depression. I honestly agree with him 100% I think it would be hard, but not in the same way as it was during the 1930's.
Thursday, December 3, 2009
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