1. The Effects of the American Economic Crisis
... 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 mother of three held back tears as she described the effects of the dollar's weakening buying power. She and her husband both work and have been ... their routes, even for weekend errands, to cut gasoline consumption. Feeling the pinch, Americans are cutting back as their standard of living erodes. Asked b...
- Word Count: 398
- Approx Pages: 2
- Has Bibliography
- Grade Level: High School