I think most people don't believe it, but the old idiom is true, "Money does not grow on trees." If we continue to treat it like it does, it will run out! Some large cities in the United States are spending too much money and are having to cut back on a lot of building projects and jobs even really important ones like policemen and firefighters!
Read the article in your most recent weekly reader called "Debt City" and answer the following questions.
1. What is a recession?
2. Who is the recession affecting?
3. When do recessions occur?
4. Why are recessions a problem?
5. How can the recession affect you and your family? Give examples.
Please remember to also comment on things about the article that suprise you or that you did not know. Don't forget to also comment on someone else's comment in the class and add to it if you can!
Both comments are due by Monday, February 21!