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The Economy: For better or for worse?

Just recently in the news, it was reported that Wall Street has gone up some. This is a big thing for them and can be a good thing because it can mean that the economy is possibly showing some improvement. However, America is still in a recession. Reports are showing that stock markets are becoming very low. A lot of people, including myself, are beginning to wonder if this a sign of another Great Depression beginning to happen all over again.

Ohio right now is at its highest jobless rate in six years due to the terrible economy. More places are going out of business, costing many people their jobs.

If this keeps up, what is going to happen next? Many people are already struggling financially, and many people with homes are losing them because they can’t afford to keep up with monthly payments. People are eventually going to become homeless if this keeps up. This is what I think is absolutely horrible. This is America at its worst.

A lot of people like me are still living at home or have moved back home because we can’t afford to live out on our own because of the high costs of everything today. Eventually we will be able to afford it, but with the way things are now, it’s pretty close to impossible!

The only thing that seems to be pretty normal right now is the price of gas. Let’s just hope that it stays low like this and continues to fall. With everyone struggling in some way or another, it’s extremely hard to do much of anything anymore.

I have nothing against President Obama, and I think he is doing a great job as our President, and he’s only been in office for a few months. I do believe that he has been making some good choices and decisions about what to do in this terrible time. He’s got some good plans, and I just hope that his plans will work and our nation will get out of this mess and get better. It will take time with these changes, but I believe it will happen.

I recently heard that 2009 will be a good year and will bring us good things. It’s a new year with new changes. All I can say is let’s hope for the best and hope that what I heard is true!