recession

=Recession....= During the decade, our economy has dropped, making it hard to keep our jobs and our homes. Many have been laid off and are forced to live in tents. During this time we ask ourselves, will it get better and does this mean we will go back into a depression?? I can't tell you we wont because it really is a big possibility. Our bad spending choices have helped lead to this horrible circumstance. Our President Obama has asked China for money to give to banks and help distribute to the people. Something very similar was done during the Great Depression. Will it work this time too?? In my opinion, it probably wont. I'm not saying it's a for sure thing. I just don't understand where we are going to be able to get the money to pay back the Chinese after we have recovered. I don't doubt that we will end up going into a form of the Great Depression. Maybe just higher taxes. But it could get bad.