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 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 steadily employed for the last twenty years. Three years ago, they felt financially secure. They could afford to eat out occasionally or shop at th...
- Word Count: 398
- Approx Pages: 2
- Has Bibliography
- Grade Level: High School