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- Recession Tales
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Recession tales takes you to the personal stories of people who are the most affected.
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Transcript
Narrator: America is considered to be one of the most powerful nations in the world. Many people aspire to come to this country because they believe their dreams will be fulfilled here. ‘America the land of opportunity’. However, lately things have become difficult in this dreamland. In recent years America has been going through some turmoil. Its economy has taken a turn for the worst; America is experiencing a recession. Dozens of company have had massive lay offs by the thousand. There are job freezes in careers in education and also in hospital work. Recent collage graduates are having trouble finding jobs as well. The real estate market is one area that has been hit in a massive way. Many homes across the country have been foreclosed. Also, many people have downsized by moving into smaller homes. Another group that has been affected greatly by the recession is middle class middle ag...
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