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The subtitle for the most recent article published in our Weekly Reader says, "Many U.S. cities and states are running out of cash." Can you believe it?
 
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!
 


HeLEN
02/15/2011 14:15

I think the goverment should stop making us pay so much money.Also I think those things that you pay for a parking spot should be gone forever.

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McBride
02/15/2011 14:47

Don't forget to answer the questions too!!! :) Use your article in Weekly Reader to answer them!

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Jenny
02/15/2011 16:55

I can 't belive how many states have gone down. Well money doesn 't grow on trees. Does it??????

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carson
02/16/2011 15:06

I think that people should create new types of money!Maybe we could go back to collecting things that don't stop ending.Like gallons of water could be fifty bucks.We could reuse bricks and build smaller things that don't take up as much on mother nature!This is why we should we should recycle or the Earth is going to crumble and animals will die!

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Carson
02/16/2011 15:08

Sorry for that hopless comment that was dramatic.

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Brody
02/16/2011 15:23

A recession is a drop period in which there is a drop in economic trade and wealth.

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Brody
02/16/2011 15:28

Everyone has been effected by the recession.the one who's hurt most is the government


























































































































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Brody
02/17/2011 18:46

They occure when people are spending to much money.They are a problem because people get laid of their job.Recessions can effect our family because we don't have the money to buy what we need.

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Emma
02/18/2011 06:57

a recession is a drop period in which the ecomemy has been down and econimic trade and wealth.

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Emma S. Choate
02/18/2011 06:59

Recession can effect everybody

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Garrett the farrett
02/18/2011 07:02

1.a receion is when a goverment trade or econmic trade loses money2.the receion effects peopal because they don't get enough money to survive or they lose there job3.a receion happens when people have to much debt or can't pay there debt.4.receion causes problem because the boss has to fire people because they can't pay them because of debt and not enough money5.the receion effect my family because my parents could lose there jobs.brody you have a good point when you said"people are spending to much money."

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02/18/2011 07:03

1#A recciseion is when a town or city loses money and doesn't have enough money to owe another place and the town or city can't work properlly.
2# Really big cities like Dallas and Las Vegas so sometimes getting more for a city isn't always the best thing.
3#Usally when it's like a speacial holiday for a city or town. The town or city might want alot of pointless decoration for they're holiday.
4# It is proably a big problem because money is what makes the world not be in in peices today if it wern't for money.what i mean is it's always something you can use and you need a certain amout of it to survive so if a king didn't have any money he could'nt buy anything for his castle so it would look very lame.
5#Well,same thing with the if you were king. You couldn't buy much resorces or comfy chairs,couches or beds.If you don't have money you can't survive!That's why carrers keep you from being a hobo.

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emma choate
02/18/2011 07:03

i dont know the answers to the questions

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A.J.
02/18/2011 08:11

#1. WHEN PEOPLE RUN OUT OF MONEY.#2. IT WILL AFFECT BIG CITYS LIKE NEW YORK L.A. DALLAS.

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kenya
02/18/2011 08:12

1.a recesion is a city loses money.2. people dont get enough money.3.wen u need to pay debt.4.wen u have to fire people.5.u cant buy much if u dont have any money.

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Jenny
02/18/2011 14:34

1. a recession is when a city or town loses money.
2. the recession effects people and family's.
3. it usally happends when a big holiday, because people usally buy thing for people.
4. it is a problem because if there is not a lot of money bosses will have to fire them, and if they get fired people will not have money.
5. it could effect my family, because my parents could get fired, and not have enough money for food or to pay the bills and taxes. Emma had a good point when she said," Recession can effect everybody."

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douglas
02/20/2011 10:40

1.recession is when there is a drop in economic trade and wealth.
2.everyone is effected by recession but the government is being effected the most.
3.it usually happens on a holiday because the state buys stuff for decoration around some town or something or people might buy stuff for each other.
4.recession is bad because when business go out of business the people that had jobs in that business they don't buy stuff so other businesses go out of business so that is why recession is bad.
5.it can effect my family by say my dads store went out of business my family wont make as much money and we couldn't afford the taxes for are house and since other businesses go out of business other family's wouldn't be able to buy are house and the bank would take are house away from us and my family would be out in the streets.

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Tate
02/20/2011 13:34

If a resesion happened to my family we would not have a lot of food, water, home, and money.

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Tate
02/20/2011 13:37

Helen, I think the same thing about the government making us pay so much money.

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!!!madeline!!!
02/20/2011 15:13

1.A recession is a period in which there is a drop in economic trade and wealth. 2.I think everyone affects the recession and also citys and state governments too. 3.A recession occers when citys and states are running out of cash. 4.Recessions are a problem because it can affect peoples jobs. 5.It can affect my family because prices go up on food,gas,and bills.We could lose our jobs.Projects on building are abandoning.

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Benjamin
02/20/2011 16:33

1.Recession is a period of time in which there is a drop in economic trade and wealth.2.Acording to a professor from the university of Virginia he thinks that recession is affecting city and state goverments from all around.3.Recession occurs when we spend more money than we make.4.Recessoins are a problem because people borrow money that they dont have,and have to pay it back at high interest rates.5.The items that we normally buy are more expensive and we have less money to buy them with.

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Benjamin
02/20/2011 16:37

Great quote Madeline!!!Some of our parents and other adults could lose there job.

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emily
02/20/2011 19:27

#1:Recession is when there is a drop in the econmic trade and wealth.#2:Everyone is affected by recession,but the goverment is mostly affected.#3:Usually on a holiday days,because people buy alot of things then.#4:Recession is a problem,because people are loseing money and loseing jobs.#5:My parents may lose there jobs,and we could lose our house.

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emily
02/20/2011 19:33

I aggre with Madeline,so of our parents could lose their jobs.

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anais moore
02/21/2011 04:07

1.a recession is a period in which there is a drop in an economic trade and wealth.2.the recession is affecting everybody especally the government.3.mainly a holiday because you want to buy things.4.i think the problem is people losing money and jobs too.5.my parents could lose their jobs,then money,then eectricity and water,then our house.

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anais moore
02/21/2011 04:09

it's terrible that they could lose so much things just because they lost their jobs.

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anais moore
02/21/2011 04:12

i thought that was very smart about the whole recycling thing,carson.

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A.J.
02/21/2011 05:48

#3 THEY OCCUR JOB . #4 BECAUSE PEOPLE LOSE THEIR JOBS.#5 IT CAN MAKE A FAMILY POOR OR MAKE THEM HOMELESS

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Brody
02/21/2011 05:51

Good quote Garrett. People don't have enough money to survive. That is really bad.

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A.J.
02/21/2011 05:52

RECCESIONS HURT EVERYBODY GOVERMENT POLICEMEN FIREFIGHTERS BUISNESSES AND STORES

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douglas
02/21/2011 05:58

good point madeline poeple can lose their jobs realy easy and in fact alot of people have already lost their jobs.

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Garrett the farrett
02/21/2011 06:00

douglas you had a good quote when you said that your family could not pay for the taxes if they got fried because of resssion.

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anna*
02/21/2011 06:25

1.ression is a period in which
there is a drop in eccomnomic
trade and wealth.

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anna*
02/21/2011 06:29

2.ression is affecting the goverment.

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anna!
02/21/2011 06:34

3.ression occers when big cities run out of money.

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anna
02/21/2011 06:39

4.ressions are a problem because
cities are having to borrow money
from the whole state.

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Reagan!!!!!
02/21/2011 06:48

1.Recession is a time where different states owe money it's just some states have to owe money that they borrowed.So it's a econmic of trade and wealth.
2.The goverment are being affected.The states are being affected becausethey have to pay the money back and the might not have a lot of money afterwards.
3.It occurs when big cities have to owe money like New York City,California and many mor for diffrent reasons.
4.Why are recessions a promblem because many cities might go to waste.
5.It can affect my family by paying more taxes and the gas going up and paying more money at the grocery store and lot more reasons because it goes on and on and on.

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anna
02/21/2011 06:49

5
Your family will have to probely
suffer without food,clothing,shelter,
education or money.

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Reagan!!!!!!!!!!!!!!!!!!!
02/21/2011 06:51

Good thinking Madeline it can people can run out of cash.

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anna
02/21/2011 06:54

good point helen! The goverment should stop telling us to pay so much money.

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Shelby
02/21/2011 12:57

I can't belive there is so much recession,it's like from coast to coast! I wonder why it is only the big cities?By 2012 Los Angeles will have 438million$ in dept!It is so sad so many people are losing their jobs.

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Shelby
02/21/2011 13:33

#1.Recession is a period in which there is a drop in economic trade and wealth. #2.Everyone is affected in the recession, but city and state governments have been hurt the most. #3. Recession happens when money is spent that you don't have. #4. A recession is a problem because cities and states are out of money and people are loosing their jobs. #5. This could affect my family because one of my parents could loose their jobs.

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Shelby
02/21/2011 13:35

Brody,I like how you said that recession is affecting government and cities.

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melani
02/21/2011 13:45

Recession ocures when there is a
period in which there is a drop in
economic trade and wealth.

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HElen
02/21/2011 16:48

Awsome thinking Anais!! People are losing there jobs thats just nuts.

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Landyn
02/21/2011 18:10

1. Recession is a period in which there is a drop in economic trade and wealth.
2. Everyone has been hurt by the recession, but city and state government ahve been hurt the most.
3. Recession usually occurs when a deficit is in place. If a ctiy spends more than it takes in, the resulting debt is a deficit.
4. Recession is a problem because cities are cutting abck on services, some ctiy officials are slashing staff salaries and firing workers. they are also abandoning, or leaving, building projects and even cutting the number of police and firefighters.
5. Recession can effect my family and I by making the prices of goods we need go up. For example... when I was a bit younger, the price of bubblegum was about between $00.25 and $00.50. Recently over the past year, the price of one pack of bubblegum has gone up to nearly $2.00. Also, at some gas stations, the price of gas is, say $2.00, when at otthers, the same type of gas is $3.75.

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Landyn
02/21/2011 18:14

I think that it is crazy that people spend money they don't have on things they don't need.

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Landyn
02/21/2011 18:16

Good point Shelby. It is weird that mostly only the big citeis are being hurt by recession!

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Rhey
02/22/2011 17:02

Good point Jenny many states are going down, and money dosn't grow on trees.

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Rhey
02/22/2011 17:43

#1A decline in the and employment that last from 6 months to a year.

#2The recession effects everyone.

#3A recession occurs when people and goverments spend more then they make.

#4Recessions are problems because people are loseing there jobs and there pay is being decreased or dropped.

#5Recessions can effect my family by geting rid of all the fun stuff and then if you still don't have enough money you can't pay bills also less portection from police men and fire departments.

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Emma
02/23/2011 06:04

#3. When the city buys to many things that they have no money to pay it back with.

#4 New York, Vista, Calif., Honolulu,Hawaii, Detroit, Paterson N.J., los Angleles, Washington D.C., San Francisco.

#5 It can hurt my family by the price of gas.
































































































































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melani
02/23/2011 08:33

1.Recssion is when theres a period in which theres is a drop in economic trade and wealth. 2.Recssion can hurt you by loseing your house because you owe money or your job because they don't have alot of money to pay alot of employes. 3Recssesion ocures when a city spends more than it can.4.Recession is a problem because citys will end up paying alot of money,people are loseing there jobs, and there losing there homes.Recession can affect my family by ending up with to many bills,loseing there jobs,and loseing are home.

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melani
02/23/2011 08:39

I think recession is bad because gas prises are coming up, grocerys are more expensive, people are loseing there jobs,and there loesing there hoses because they owe too much money.

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Tanaiah
02/23/2011 12:02

A recession is a period in witch a state spends too much and has no money when they have to pay the workers The recession is affecting many of the poeple who live there recession ocurs when the city`s people are spending too much money it`s affecting the towns people by canceling projects and things.

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bavesh
02/23/2011 17:02

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Bavesh
02/23/2011 17:48

1.reccession is a moment where you are in debt and need money.Sometimes jobs were taken up during reccession.

2.The reccession mainly efects the people in the job because,if the prgramm is in debt,they need to take out some people from jobs.It also it effect the head of the pragramm because,he's going to loose people and money.

3.Reccessions occur in the time when everyone's in deep debt and when the chief of something is going to take out some people from his job.

4. Reccession is a problem because, everybody is being in the deep dept and loosing their money. Sometimes the d is going to take some guys out from their job because, the head can't pay salary for eveyony and he's in deep debt.

5.Reccessions affect my family like my dad's job would be gone and if i was in private school , my dad can't pay because his job was gone. we can't buy furniture because they cost alot than my dad's money. we can't keep my baby sister in daycare because it will cost too much. without daycare, my sister won't know how to communicate in Pre-k.

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MASON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
02/23/2011 18:10

1. A recession is "a period in which there is a drop in economic trade and wealth."
2. The recession is affecting everyone. "Everyone has been hurt by the ... recession."
3. Recessions occur when deficits occur. "If a city spends more than it takes in, the resulting debt is a deficit."
4. Recessions are a problem because cities have to cut back on important things like the fire department, the police department, and hospitals.
5. It can affect me and my family if we have a fire and the fire department doesn't come because they are too busy and they don't have enough people. Or a burglar might break in, and they can't send the police. Or someone might get hurt but the ambulance can't come because they don't have any room at the hospital.

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MASON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
02/23/2011 18:14

I think Douglas and Landyn both did a really good job answering the questions.

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01/26/2012 10:51

good post

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nice post

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03/24/2012 02:06

Nice article bro

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