This blog is home of the 21st century scholars course at East Knox High School. Those who visit must interact , debate, and discuss events that are important to our lives.
I'm not sure I could justify a yes or no answer for if the bailout was a good idea but I think it did help. Now what the money was used for may have been a bit frivolous. I know that people depend on bonuses as a part of their yearly income and might not be able to get by without them so I don't think that the big companies were wrong for still giving them out but I think they should have been MUCH smaller. Everyone is making less money these days so when your employer isn't doing good you should feel the effect. I think the government needs to come up with a plan to avoid bailing out companies ever again.
I do not fully believe in the bailout. I say this because the government does not financially sound to keep producing more money that we DO NOT have. We think to ourselves "Where is the Government getting all of this money?" We don't have it. The people of the United States aren't making as much money as we used to. The economy is getting worse and worse everyday. If you think about it our grandchildren are going to be paying back this debt that they are creating with the bailout money.
All students taking any type of flex-credit course must participate in the Current Events Blog. You are expected to discuss the articles and videos as well as comment or debate with other students. You must comment at a minimum of twice a week and correct grammar and spelling is expected. The blog will be updated Sunday nights or early Monday mornings. Depending on the discussions I may add additional articles later in the week. I will try to include current events that are important and relevant to your lives. If you find an article or video you would like me to post on the blog please email me at rgallwitz@gmail.com with the link.
I'm not sure I could justify a yes or no answer for if the bailout was a good idea but I think it did help. Now what the money was used for may have been a bit frivolous.
I know that people depend on bonuses as a part of their yearly income and might not be able to get by without them so I don't think that the big companies were wrong for still giving them out but I think they should have been MUCH smaller. Everyone is making less money these days so when your employer isn't doing good you should feel the effect. I think the government needs to come up with a plan to avoid bailing out companies ever again.
I do not fully believe in the bailout. I say this because the government does not financially sound to keep producing more money that we DO NOT have. We think to ourselves "Where is the Government getting all of this money?" We don't have it. The people of the United States aren't making as much money as we used to. The economy is getting worse and worse everyday. If you think about it our grandchildren are going to be paying back this debt that they are creating with the bailout money.