Wednesday, November 28, 2007

NY Times article

The American Economy may be slowing down and may continue to get worse. However, Americans have been through this before. Economies have always had there highs and lows. I believe there is always a solution to the problem and it will be found eventually. The government may or may not be making mistakes, but government changes and eventually someone else's ideas will be brought into practice. The slow down may be good for the United States. Maybe Americans need to be woken up and stop spending themselves into debt. You cant have everything you want. The world will continue to run one way or another and the United States will realize that. The world should be able to run with out depending on the success of the United States economy. I don't think that interest rates should be lowered. The american dollar has already began to decrease in value and countries over seas are turning all there money into euros. The united states needs to find a solution for this before the currency is worth nothing.

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