The After Effects Of The Great Depression
The downfall of the Lehman Brothers may just be the omen of a major economic crisis.
We may very well witness the very beginning of the end of the United States of America.
After the great depression of 1929, Franklin Delano Roosevelt capitalized on public ignorance of economics, he managed to introduce such policies that have leeched our income ever since and hopefully it won't be for the generations to come.
Although not intentionally, but invariably FDR had managed to create a deep gash in the economic downfall by implementing some policies.
All employers were compelled to pay their workers additional fringe benefits in addition to the normal salaries.
Before this people's salaries were theirs and they had the choice of managing it in totality.
After these so called economic reforms took place now it is expected that the employers buy health care covers for them.
This has ripped off generations of Americans and hopefully in the future this reverses.
As a result it is much easier for insurance companies to large corporations that face individuals and it is most definitely that they have pumped zillions of dollars to influence lawmakers to act as catalysts and support their quest.
The American people actually are the real victims.
If this continues and the American people still stand silent, then it is most definitely going to lead to a very fascinating regressing change in the constitution.
Hopefully it shouldn't take too long to undo the havoc that had been caused in the 1930's.
Over all the years if there is something we should have learnt it should have been, that to vote for those who promise next to nothing, and you should remember this when you vote this November.
This year's presidential election would definitely have a big impact on the economy, the stock market, our financial institutions, even globally.
We may very well witness the very beginning of the end of the United States of America.
After the great depression of 1929, Franklin Delano Roosevelt capitalized on public ignorance of economics, he managed to introduce such policies that have leeched our income ever since and hopefully it won't be for the generations to come.
Although not intentionally, but invariably FDR had managed to create a deep gash in the economic downfall by implementing some policies.
All employers were compelled to pay their workers additional fringe benefits in addition to the normal salaries.
Before this people's salaries were theirs and they had the choice of managing it in totality.
After these so called economic reforms took place now it is expected that the employers buy health care covers for them.
This has ripped off generations of Americans and hopefully in the future this reverses.
As a result it is much easier for insurance companies to large corporations that face individuals and it is most definitely that they have pumped zillions of dollars to influence lawmakers to act as catalysts and support their quest.
The American people actually are the real victims.
If this continues and the American people still stand silent, then it is most definitely going to lead to a very fascinating regressing change in the constitution.
Hopefully it shouldn't take too long to undo the havoc that had been caused in the 1930's.
Over all the years if there is something we should have learnt it should have been, that to vote for those who promise next to nothing, and you should remember this when you vote this November.
This year's presidential election would definitely have a big impact on the economy, the stock market, our financial institutions, even globally.
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