Sunday, December 6, 2009
Fostering Strength
We have had a lot of discussion regarding the economy, and the state which it is in. It seems to be the general consensus between the class, and the nation, that when the economy is down that this is a bad thing. I want to know why it is such a bad thing. I fully understand that having less money in your pocket means that you can go less places, and buy less things, and that you have to cut back on all of your expenses in general. My question is, though, is this really a bad thing? It seems to me that strength is never a result of easy times. People become the strongest when they have to work the hardest. I am in no way saying that another Great Depression is just what this country needs, but I think that we should complain a little bit less and look at the benefits of a recession a little bit more. We aren't going out all the time and wasting our money on things that we don't need. Instead we are staying at home with our families. We should take advantage of this time that we have, and worry less. We should allow our economic woes to foster strength within us as individuals and as a nation.
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I agree with your assertion that through difficult times in the economy, we learn to appreciate the value of money more. Although I agree with this statement, I feel the negative effects of recession surpass the positive outcomes. During an economic recession, individuals do not waste money on things they do not need because there is barely enough money to acquire necessities. In addition, countless citizens are struggling to find job opportunities just to support their families. Strength is an admirable attribute, yet realistically in modern society, individuals need money to survive.
ReplyDeleteI also agree with your statement that in difficult times people are not just wasting money on meaningless stuff, but spending money is essentially the same thing as putting it into a savings account. Either way business are getting your money, it's just a matter of which business is getting it. In general though people need money to survive so being in a depression is never a good thing. Being in a depression just causes mass job loss and panic. Money makes society work and in a depression, however large or small it is, money and jobs are sometimes hard to come by.
ReplyDeleteI think that you have some valid arguments but the negative affects of recession definitely outweigh any benefits that might come in the form of character buildup. People die, lose families, lose lives, and have to live lives that they were not intended to have when the economy takes a turn for the worse. Jobs are lost as a result of recession and this causes people to have to drastically change their livelihoods. While this may be good for some, in terms of greed and value, it can hurt others who might have medical bills or other problems that have a large impact on the outcome of their quality of life. While I do think it's important that people value what they have and their opportunities and the recession does shed light on that, the negative impact can impact lives beyond the point at which they can ever be repared.
ReplyDeleteI would agree that hard times can be beneficial to us as individuals. However, the problem i have with the recession that started long before the current administration, is that the government of then and now are not giving us answers to what seems to be unjustifiable acts regarding our fragile economy. Why are we bailing out the people who can't run their company? The federal government gave Pennsylvania stimulus funds which are going to be lost soon due to the 'happenings' of our state legislature. This means the loss of millions of dollars in social service initiatives that help the people who are suffering in this economic climate. Our legislators and politicians at all levels are getting paid and have good health care, but the people who need the stimulus money are not being helped because of party politics. If we are to become stronger out of this time of crises, then we as constituents need to apply more pressure to those who claim to represent us.
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