Money Makes the World Go Round

                When I opened my English 111 and saw an article entitled The Shadow of Depression immediately thought about the world around me. My parents always trying to save all the money that they can, and I realized that they act this way because of their parents. My grandparents we in their early 20’s at the start of the great depression. My grandma did not make it through high school because he had to work and help the family. Even though things are not that extreme now a day they are still in the back of all our minds. Robert Samuelson, the author of this article explains the relationship between the current economic and the one during the great depression. Samuelson uses facts to back up how these two are in direct correlation; things such as the unemployment rate, and the contrast between the budget deficits. Another problem with today’s economic crisis is that people hoard cash. This is not just the consumers but also the companies. We all know that Money makes the world go around so if there is no cash flow then how is the world supposed to keep working? Samuelson ended his article by stating, “When people stop worrying about depression, when the shadow lifts, the crisis will be over.” I agree with this article because as much as it is good to save your money you need to spend to help your economy. I also think about local business. Next time you go out to a store try and look for ones that are not branches. Look for stores that are special to your area and help your local economy. Here is a song that makes me think about this article.

http://www.youtube.com/watch?v=6rechCN3FAk