Depression 2009

I believe if history was to repeat itself, and there was a Great Depression happening now, it would look like an updated and less painful version of the 1920's Great Depression. Now of days, better improved technology is easily at our fingertips, which would help Americans get jobs, not stay out of work long if they were to get laid off, and allowing people to bring home money for their families for food, clothes, heating, electricity, hot water and etc. Also, now of days we have Social Security, FDIC, and other protections that protect the money we as American citizens put into the banks- and that we will be able to, somehow receive all of our money in return. As Social Security goes, as soon as a person reaches the age of 65 they are still able to receive their pensions despite the fact that the country may be in a recession or economic downturn. Also, American families seem to have a lot of stuff just laying around the house these days, junk and nic-nacs that could be sold for money if there was an economic downturn. Plus, if there ever was an economic depression as bad as the Great Depression, young people could learn that hard work always pays off, and jobs could be taken back by American citizens rather than being given to people in foreign countries, when the industry is here in our back yard. Thanks to many of the improvements and fantastic, uprising ideas of Franklin Roosevelt during the 1920's, it made it possible for the United States to never return to a economic depression as bad as the Great Depression. In conclusion, if the United States was in an economic depression similar to the Great Depression of 1929, it would not be exactly the same; and thanks to the improving technology and understanding of the economy itself, America would be able to get out of such an economic depression in less time.