Monday, April 11, 2011

Response to: Reagan's Recession

            History. It's what defines us as a people. From the earliest walks of life, we've had a history. A history of doing well in means to survive. A history of working our way from the bottom to the top. We're an intellectual species, that has created the world we know and live in today. We have moved mountains, and built institutions, in order to further our knowledge of this life. Yet, our history is not always beneficial. Sometimes, we don't learn from our past, and our future gets lost among the ruins. It's been said, that history has a way of repeating itself.
             Our economy entered the recession we are currently in during December 2008. Unemployment rates skyrocketed, and the people that were hit hardest were the middle class. People were not only worried about unemployment increasing more severely, but also rising budget deficits. A recession also occurred during Ronald Reagan's reign of presidency in the 1980's. So many circumstances surrounding the two crisis’s have quite shocking similarities. Why wasn't a change made - a detour taken - or a road block set up, in order to avoid such a large pile of confusion and distress?
               Had we opened our eyes wider, had we thoroughly examined the steps that led us blindly down the path of no return, would we be in a different situation right now? Had we tediously analyzed the exploits of our past, our history, we could have changed our position in the global economy today. What had we been more invested in? What was more important that our security, financially speaking. Could most people in this country be enjoying family vacations, and well-deserved leisure time, instead of scraping at the bottom of their purses for a few spare coins in order to purchase food?
               Universally asserting, we make mistakes as a whole. We also make mistakes individually. When did we forget that the key to evade making those faults again, was to learn from them? For such a perceptive species, we have lost the old pages of our book, because we are too busy writing new ones. The pages have been untouched for so long, that the words begin to fade away, and lose their meaning. Their edges are beginning to crumple, and become soiled in shades of yellow and brown. We need to save them, not rewrite them. We can't bury our past, we must cultivate it. It is what allows our future to thrive.

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