Currently analysts are blaming the high oil prices on our weakend value of the U.S. dollar because of the housing market collaspse and credit crunch. This record low is bringing rising fears of our economy. Do you think we are ever going to get ourselves out of this massive debt and rise to the top again or could this be the beginning of another Great Depression for America.
-Lauren Baker
POS 2001
Tuesday, April 15, 2008
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I'm not saying that the decrease of our economy hasn't hurt the wealthy, but I feel that with time there isn't going to be a middle class. You can already start to see it now. The middle class is sparse. It's going to be between the have's and the have-not's.
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