This
paper explores the
recession that the United States is now experiencing, and how it affects everything from
large business like the airline industry to paying for tonight's supper . The author also discusses how we can
prevent or slow down future recessions. The paper focuses the recession on a microeconomic scale, applying it to the author's own Western Kentucky. From the Paper: "The recession has
impacted almost everyone in our surrounding community, whether they were impacted directly or indirectly. It has impacted local small businesses, large
industries and companies, as well as individuals and families. All people in the economy are impacted by a recession. However, from the
current information that I have obtained, it looks as if the economy is on the rise and will soon be back to normal. Recession is a serious issue, but hopefully our current let down in economy has been a learning experience and next time we will be better prepared and can prevent an equal disaster."