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Recession In The United States

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Throughout history there are many instances that times are hard, the poverty level is at a high , jobs are hard to find and the economy is very bad. During these times social construct changes greatly. Nations go through times of success but go through hard times as well. This is normal. During the 1990’and early 2000’s our nation experienced a recession. People were losing jobs rapidly, affecting many individuals and their families. This recession hit hard, especially in the city of Milwaukee. Many families in this city lost their jobs, houses and could barely afford to feed their families. Why? was a question that almost everyone asked. To help others understand the recession and show the effects of a recession on families, frontline …show more content…
This is when the recession first started to hit. Minimum wage was very low during the nighties and the idea of using people in other countries for labor for a lower cost was becoming more popular. Many big American manufacturers started setting up businesses in other places like Mexico. Many of Milwaukee's factories moved over seas, affecting most of the population of Milwaukee. Brigg’s and Stratton being a major one. They knew that they would not have to pay those workers overseas as much as an American would want for pay. This did not help for the United States at all. People were getting laid off from jobs because of this. The decade before the 90’s however, was different during the 80’s the economy was booming. Towards the end of 80’s this changed. The reagan boom during the 1980’s was great but it did not have a solid foundation. The problems from this started to uncover towards the end of the decade. In 1991 the United States lost 858,000 jobs.(wikipedia.org) After Reagan, George H.W Bush became president. He tried to fix things but it was hard when such a shaky system was put forth before he came into office. Many people had hope that a new president would fix the recession. Bush did make more jobs, however the minimum wage was still a huge problem. Families needed more than what they were making to be able to provide for their families and other necessities . As the time progressed and our nation moved into the 2000’s the economy was on and off shaky. There was another recession in the 2000’s again. During the 2000’s the world economy also was shaky which contributed greatly to the United States

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