Thursday, October 23, 2008

Are We Going to be in a Depression?

The Article “How to Avoid Another Depression” by Mark Thornton, emphasizes the fact that the government should stop interfering with the economic crises that has affected America. The article first addresses the definition of a country being in a depression. Then the article points out some of the reasons as to how we ended up in this. Lastly the article gives reasons to why we should not have the government interfere with the economic crises. Thornton emphasizes the fact that businesses, such as Fannie Mae and Freddie Mac, should face bankruptcy and go through the hardships like every other business. I think this Article was well written. It really is not a long article and it states the facts straightforwardly.

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