If the income divide continues to widen as it did in the late 1920s, will we see Great Depression II?
959947
The republicans aren't going to blame the demo's for it, the republicans and the people will cause they will be the cause of it. Right now are economy is in better shape than it has been since 2003 and getting better. Until the demos take over.
406502
Prospects of golddigging .
1825
you could wait until 2050? inflation by then will probably make 250K not v. much. :)
394210
I absolutely think we can and will eventually have another economic depression.  The things you mentioned along with product prices going up, but work wages staying the same and the ever-fateful credit spending is slowly dragging our economy down.
10242
If more money is printed, inflation increases. An extreme example is pre-WWII Germany, where the Mark fell from 4.2 to the dollar to 1,000,000 to the dollar in August 1923 and 4,200,000,000,000 November 20th. The only way to fulfill the needs of everyone would be to equalize the amount of money that people have. As long as some have more than others, some people will not be able to buy what they need.
394549
no, it is just part of the business cycle. sometimes it's up - sometimes it's down.\n\nbtw, we have not been in a true depression for many years - mostly only recessions which is defined as 2 quarters of negative growth
385604
the rates are going to be the same, but the cutoffs will increase slightly due to inflation.\n\nHowever, these won't be announced for another few months.
341286
Not for long - the increased taxes would quickly slow the economy down and you'd either have to keep increasing taxes (screwing the economy), or cut the tax (defeating the purpose).
729986
Ha ha u stink, my teacher was a softy, we just finished reading of mice and men and he never gave us h.w.\nThe farm depression of the 1920s:\nGreat Depression in the United States, worst and longest economic collapse in the history of the modern industrial world, lasting from the end of 1929 until the early 1940s. Beginning in the United States, the depression spread to most of the world’s industrial countries, which in the 20th century had become economically dependent on one another. The Great Depression saw rapid declines in the production and sale of goods and a sudden, severe rise in unemployment. Businesses and banks closed their doors, people lost their jobs, homes, and savings, and many depended on charity to survive. In 1933, at the worst point in the depression, more than 15 million Americans—one-quarter of the nation’s workforce—were unemployed.\n\nThe depression was caused by a number of serious weaknesses in the economy. Although the 1920s appeared on the surface to be a prosperous time, income was unevenly distributed. The wealthy made large profits, but more and more Americans spent more than they earned, and farmers faced low prices and heavy debt. The lingering effects of World War I (1914-1918) caused economic problems in many countries, as Europe struggled to pay war debts and reparations. These problems contributed to the crisis that began the Great Depression: the disastrous U.S. stock market crash of 1929 (see Black Monday), which ruined thousands of investors and destroyed confidence in the economy. Continuing throughout the 1930s, the depression ended in the United States only when massive spending for World War II began.\n\nThe depression produced lasting effects on the United States that are still apparent more than half a century after it ended. It led to the election of President Franklin Delano Roosevelt, who created the programs known as the New Deal to overcome the effects of the Great Depression. These programs expanded government intervention into new areas of social and economic concerns and created social-assistance measures on the national level. The Great Depression fundamentally changed the relationship between the government and the people, who came to expect and accept a larger federal role in their lives and the economy.\n\nThe programs of the New Deal also brought together a new, liberal political alliance in the United States. Roosevelt’s policies won the support of labor unions, blacks, people who received government relief, ethnic and religious minorities, intellectuals, and some farmers, forming a coalition that would be the backbone of the Democratic Party for decades to come.\nSorry- this is the best I can find for education during the 1930s:\nEconomics dominated politics in the 1930's.  The decade began with shanty towns called Hoovervilles, \nnamed after a president who felt that relief should be left to the private sector, and ended with an alphabet soup of federal programs funded by the national government and an assortment of commissions set up to regulate Wall Street, the banking industry, and other business enterprises. The Social Security Act of 1935 set up a program to ensure an income for the elderly. The Wagner Act of 1935 gave workers the legal right to unionize.  John L. Lewis founded the Congress of Industrial Organizations (CIO) and conditions for blue-collar workers improved. Joseph P. Kennedy, a Wall Street insider, was appointed Chairman of the Securities and Exchange Commissions.
442159
Yes and no.  What is more happening is the middle class is changing, more people are falling into the lower middle class realm with fewer moving to upper middle class or higher or staying in the 'true' middle class.  It is a defitnate threat that the middle class could end up falling, but it is happening slow enough that most people dont really notice it but also slow enough that the problem can be fixed.
377843
Surely it may even go further down as the economy of USA is in very bad shape.
511338
Inflation, my dear!! \nThat's what happens after wars.  Wars stave off a dying economy, and our dear president has set up his successor for a nice drop in economy.  Savings are at an all-time low- people are not ready for the depression that is coming,a nd it is sad.  Save the best you can, you will probably need it.\nClick the link below for a detailed answer &#92;/&#92;/&#92;/&#92;/
107224
Unlikely, because as these two countries become more industrialized the growing strain on workd esources will snap and send us into a nasty depression. \n\n  The price of steel is astronomical right now, making it difficult on the oil companies, pushing up the price of oil. With all of the new construction in India and China, what other possible outcome is there? Perhaps a world war to stay off global starvation?
439220
Of course it will. Whether they go up or down will depend on what industry and if they're affected by the war.
868790
People of ALL races will lose jobs. Prices will rise, then they promised to raise minimum wage again. It will be a vicious circle of inflation!\n\n\nInstead, why not install a national Cost Of Living Adjustment (COLA) or all?
224878
There are a lot of WPA projects that are still around today... The New Deal also gave us the FDLIC (government insuring our money in a bank).. that's about all that one can be certain of without conjecture...\n\nHowever, many (including myself) believe that economic policies of the New Deal extended the great depression by eliminating many of the natural market mechanisms that would have restored the economy.  In fact, the New Deal policies in many people's opinions did not end Japanese Depression, it was the advent of the WWII that did.  At this point, if one was to believe in conspiracies, one would hypothesize that FDR forced Japan to attack us and invited the attack by giving the Japanesse an easy target.  At that point, the sky is the limit as far as what things would have changed if the U.S. remained neutral for the war.
551312
http://www.ask.com/web?o=0&qsrc=19&q=Will+the+equalization+of+the+%22US+Dollar%22%2Fcanadian+dollar+create+arbitrary+opportunities+when+the+2+currencies+merge%3F