Albanians Responce to Economic Crisis

Citizens of Albany Georgia have been, and are still, feeling the weight of the United States economic recession. Recent interviews with Albany citizens showed that the overall life style has changed for many Albanians. In one woman’s situation, her husband lost his job and she is now supporting him and her two children with her salary she receives as a hair stylist. She stated that, “These economic times have been hard for us, but we are making it.” She also said that her family has had to cut back on spending, and that she is cooking more often. When asked about the economic crisis and when she thought the economy would be back in full swing, she replied, “I hope the economy can get back to what it was a couple of years ago, but I think it will take a couple of years to get there.” This reply shows that citizens of Albany are hopeful and optimistic that our economy will become strong again. She felt that President Obama’s stimulus plan had good logic behind it and she was ready and waiting for her stimulus check. The problem with this stimulus plan is that even though citizens will be receiving stimulus checks they are most likely to save this money. If this happens, there will be no new money going into circulation, resulting in the failure of this plan. One man agreed with this critique by stating, “People might be getting a check every month, but if they aren’t spending it, it’s not going to help the economy.” This will hopefully not be the case, and every ones stimulus money will circulate back into our economy, eventually stimulating it. Citizens of Albany share a hopeful attitude that the United States economy will get back on its feet, so that they are able to return to doing what they once loved like traveling, and eating out.