Is the Recession Affecting You?

Well it’s official, the United States has been a recession for the whole year of 2008. A recession is defined as “a significant decline in [the] economic activity spread across the economy, lasting more than a few months.” I’m not a economic major, but I know when the stock market drops a couple hundred points a day it cant be a good thing. Also, when banks have to be bailed out, that’s definitely not a good thing. I really notice this recession hitting hard. People are unemployed, including me, and people can not get loans. Things really do not feel the same this holiday season, it feels like a lot of people are not shopping like they should.

Recessions are caused by things like war, inflation, and high interest rates. Lets just hope that our President elect and senators come up with a good economic plan because this recession has me kind of broke and I’m not feeling it.


Song for this entry – Young Jeezy – Circulate

About Edmund Adjapong

Edmund Adjapong, a native of the Bronx, NY, is a student at Teachers College, Columbia University. He is currently pursuing a Masters of Science in Science Education and received a Bachelors of Science in Biochemistry with a minor in Africana Studies from The State University of New York at Plattsburgh. Edmund believes every student learns differently. He also believes that engaging young men with media–despite its unconventional method–is an effective way to educate. Edmund enjoys working with and mentoring youth, especially young men of color, as they are our future. He fell in love with Hip-Hop after memorizing Puff Daddy's song "All about the Benjamins," in the third grade. Following the completion of his masters degree, Edmund plans on teaching science in a New York City public school and pursuing his Doctorate of Philosophy in Science Education. His ultimate goal is to become a science educator and researcher. This blog is a reflection of Edmund’s thoughts during his journey toward a terminal degree. For more information about Edmund Adjapong please feel free to contact him at: E.adjapong@gmail.com
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