Does anyone think our economy is reliving the Great Depression right now?
I think so, cause I keep hearing about a rising unemployment rate. Where I work at, our sales are tragically low, probably due to high gas prices. I hear a commercial on the radio everyday about rising food prices and higher costs of living and credit card debt. So, what's anyone else's 3 cents on this? Is it as bad as I think it is?
Asked By: Adam Lambert Fan - 6/16/2008
Best Answer - Chosen by Asker
Not even remotely - our period now more closely resembles 1991-92 (which I remember being rough, but we managed... More
Answered By: Veritatum17 - 6/16/2008
Additional Answers (4)
The easiest way to look at a countries finances is the currency exchange. Right now people are not paying good money for the dollar. This country is in trouble. You better start saving, clearing your debt and keeping your job it's going to get rough.
Answered By: english_sweetie2001 - 6/16/2008
I feel we are very near to that point again. When people have to choose what medicines they have to fill and what they may be able to do without just to afford one, things have gone way to far.
Answered By: Card Fan - 6/16/2008
Industrial and technical economics preclude a Great Depression. Advances in information management enable analysis of models of catastrophic events. Resource availability and transportation technologies facilitate immediate and timely response to stagnant elements which are the identifiable causal factors of... More
Answered By: Clayton J - 6/16/2008
We have to start bringing jobs back into the country. Everything we buy now is made out of the country. The economy is scary right now. The government wastes our money........billions of our tax dollars leave the country in the form of foreign aid to help other people. Nasa is another example of waste....billions is... More
Answered By: bumblebee - 6/16/2008
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Local Candidates Across DC/VA/MD. Get It Together. Post a Job Today!
New job opportunities added daily. Search Virginia jobs now!
Legitimate Survey for Cash.Extra Money for You,Join Here!
Other Career Questions
Do most mechanical engineering jobs offer job security?
What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.