Why is the United States in the shape its in?I think it is due to Gas prices who agrees?

Expert Answers
bullgatortail eNotes educator| Certified Educator

Economically speaking, I primarily blame our prior president, George Bush, who took Bill Clinton's $3 trillion national surplus after two terms and turned it into a $10 trillion deficit. Bush managed to lead us into two wars overseas, one (the second Iraqi War) which seemed to be a personal vendetta against Saddam Hussein that crippled the economy. He also managed to reverse the positive international popularity of the United States enjoyed during the Clinton Administration, making our nation hated round the world as a military bully.  

e-martin eNotes educator| Certified Educator

If we are talking about why Americans are unhappy, gas prices certainly contribute to some negativity. Are gas prices driving down the economy? That's a different question and I don't know that we can attribute all the country's economic challenges to this single factor.  

In my limited opinion, I'd say that emotional factors are actually the primary cause of the nation's difficulties. Were we to collectively invest trust and belief into our economic system, we might see a greater level of actual investment.

litteacher8 eNotes educator| Certified Educator

I think that people are unhappy about gas prices, but they are not the reason for the economy's problems.  The bigger problems are actually due to the housing market.  There are still people being thrown out of their houses because they owe more than they’re worth.  Those houses sit empty, or sell for way less than their owners purchased them for.  This lowers the rest of the prices on the block, and the cycle continues.

pohnpei397 eNotes educator| Certified Educator

I don't think gas prices have much to do with it.  The country is struggling economically because of globalization.  We used to be able to make jobs that paid well for people who had little education.  Now those people have low-paying jobs or no jobs because the jobs are being done overseas. That pulls our economy down as well as making the people who don't have good jobs very unhappy.

Kristen Lentz eNotes educator| Certified Educator

Blaming the economy on high gas prices is over-simplifying the situation.  Gas prices are more of an effect than a cause.  A broader look at the United States' current difficulties would certainly have to include our over-dependence on foreign oil.  The United States needs to become energy independent.  We certainly have both the resources and technology to make this happen.

literaturenerd eNotes educator| Certified Educator

I have to agree that gas prices could be the reason for dissatisfaction, but I would not conclude that this is the root of why America is in the state it is in. Ultimately, there are far too many reasons to define one as being the reason for everything. I would tend to agree that globalization is a larger factor when it comes to the state of America.

goalabama | Student

I think that people are unhappy about gas prices, but they are not the reason for the economy's problems.  The bigger problems are actually due to the housing market.  There are still people being thrown out of their houses because they owe more than they’re worth.  Those houses sit empty, or sell for way less than their owners purchased them for.  This lowers the rest of the prices on the block, and the cycle continues.

Yes thats true but if the people did not lose there jobs they could

pay for there house when gas price went up everything that was tranported went up then small company laid people off and then people lost there home look back

at the cycle when things started you well find out it started when gas price went up sky high.