Monday, November 24, 2008

Boston Depression 2009

Drake Benett, writer of the article Boston Depression 2009, says that a depression today would not compare to the last one. Even though people think they know what a depression would look like, they have no idea. Benett says that their would not be massive lines of people trying to get food, rather trying to get healthcare benefits. He says this because food was more expensive in the 1930's and most of people's money today is spent on health care. I like his ideas on how a depression now would not impact Americans as deeply as it did in the past with all the technological and ecnomic advances. Benett feels that many people will just be at home all day watching re-runs of there favorite television shows until the depression is over.