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Word Count: 550
Recession Often times people in this country today take for-granted the comfort they have established over the past several years A booming economy and a bull market has set the standard for todays society giving us an optimistic outlook for tomorrow However more and more these days people are starting to use that dirty little word that would make any investor cringe That little nine-letter word that over the years has toppled giants crushed business and sent some into poverty Like a disease it rapidly moves about and if not addressed in the proper manner could lead to the death of a once raging market place So what is this cancer lurking about in our shadows today How does it affect you and me And what is the government doing to protect the working class citizen in this growingly unstable economy Recession now think about it when the word comes to mind or the subject is brought about in a debate the thought is pretty pessimistic isnt it For the past eleven years our economy has made record breaking growth It has turned your next door neighbor into a millionaire made things bigger and better than they have ever been and even made the American dream a little easier for some to obtain However as history shows for every term of upswing there has been an equal and opposite downswing Many times the thought is over looked but the fact is the economy is slowing at a very rapid state For example the Wall Street Journal reported in one of its latest issues that the GDP gross domestic product in the fourth quarter of 1999 had risen by 89 Only one year later in the year 2000 the gross domestic product reported in the forth quarter had only risen 18 So what does all this racket mean for you and me Well lets look at one simple economic value that almost every person
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