Wednesday, September 17, 2008
Economic Crises
We are in an economic crises and we should note that this isn't the first time we have been in one. I believe that the government should have little to know invlovement in the stock market. First of all I believe that you should only invest in stock market with extra money you have to spend and so if you lose it it won't effect you that much. The last time the stock market was this low was in 2001 after 9/11. It bounced back and was at its highest in 2005. I believe that there are enough regulations on the free market as it is and should be left alone. The economy will bounce back up as its always has throughout history. Even in the Great Depressions yes Rosevlet and his new deal helped a little but it was really WW2 that made are econmomy go up. Obama wants to add more regulations and that i believe won't help.
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2 comments:
I agree. People love to over exagerate. The economy usually fixes itself. If Obama starts messing with the ecconomy it will only hurt in the long run.
How do you think McCain will address this bailout? It seems like an issue that could divide the Conservatives that he needs support from.
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