1. The Effects of the American Economic Crisis
Stretching the dollar has replaced recreation as the American family's pastime. In an economy soured by a volatile stock market and mortgage lender meltdowns, two-paycheck families are busting the budget on necessities. Even conservative spenders are growing weary. During a recent small group discussion, a ... of groceries this year is eating up discretionary spending, boston.com writer Robert Gavin says. Milk prices averaged a 26 percent increase, he reports, and egg prices jumped 40 percent. Even an ordinary red apple costs over $1, and unanticipated low crop yields in the fall harvest wil...
- Word Count: 398
- Approx Pages: 2
- Has Bibliography
- Grade Level: High School