Tuesday, March 16, 2010

Blog #12:

"Public Works Projects" that were ran by the government to serve the public. An example of those were the NRA (National Recovery Act) and TVA (Tennessee Valley Authority). The NRA was in charge of government control over the price of products, insurance, etc. However, this project was outlawed in 1934 because the public felt as if the president had too much power over them. The TVA provided jobs to people during the Great Depression. The present day government is doing something similar by trying to set prices. Another project that is still used today is the Social Security.

I think the TVA would be helpful. Actually, both the NRA and the TVA would be helpful. The TVA would be helpful because lots of people are unemployed. Even people with bachelor degrees are working in jobs below then. Our unemployment rate is decreasing day by day. Sooner or later, if we don't even out the prices, so many more companies will go out of business and that would take away the jobs from more people. The NRA would be helpful because there is so much inflation in private companies. Everything is more expensive, with the rising percentage in tax too.

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