Thesis: Although many economists reported the end of the recession in June of 2009, this paper argues that the increasingly inflated prices for goods and services, the deflating employment wages, the larger lower class and the diminishing middle class are evidence that the recession has not ended. I. Economic recession, a period of time when the country’s economy is doing poorly, is important to everyone because there are so many negative impacts. Many people in the middle class have already experienced great losses and entered into poverty. Working people cannot buy as much with their paychecks because the ...
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