Do we need to go through a resection? I believe that we need to go through a recession because prices are getting out of control. People are spending more money than they are making. This needs to be fixed
Our president and leaders do not all agree that we need a recession. I think that the sooner we go through one the sooner that America will get back on it’s feet. Many countries are doing better than us because we are not acknowledging the fact that many people are struggling. They are worried on making things equal and spending money on things that they don’t need to worry about. For example, the University student loun pay back. I think that we need to stop worrying about other people saying things are not fair and trying to pick America up and get this country rolling again. Their is a 40% chance that in the next 12 month we might have a recession according to UBS. I think that it will get higher when more people are not working and have less money to spend out of pocket. 82% of people are worried about inflation and all the prices raising to high so no one will buy anything. Almost 71% of workers are saying that the amount of money that they are getting paid is not keeping up with inflation and the prices.
Our prime interest needs to be bigger than inflation. We are printing way to much money causing the value of money to go down. If we don’t go through a recession and soon we might not recover from this. I think we all need to start working again stop printing money and hit this recession head on. America is struggling we look week money is loosing value and we are all going to struggle if we don't have a recession. Our president is hiding this and is trying to get people not to think about it. We need prices to drop people to go to work or our great strong country might not be so strong.
Do you think we should go through a recession why or why not?
Do you think that our leaders are trying to ignore the prices going up?
sources:
https://www.forbes.com/advisor/investing/is-a-recession-coming/
Replies
So this is a tough topic to pull off in a half of page paper. Many students are going to be confuised about what a recession is. Alwasy start out by defining that. If people don't understand that, they are lost. I do think you did a great job with your thoughts and opinions but again, it's hard to explain in such a short paper.