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Herd-Like Submissiveness Analysis

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Once Again, another article confirms the fact that our country is continually entering into even more economic turmoil. This is very frightening in a sense due to the fact that almost all citizens seem to be extremely submissive to the problem that lies in front of them. Snider states, “Maybe that was at least at the start a function of the haze which the severity of the crisis created, the general population being stunned sufficiently such that deference was the natural instinct. Human history is replete with examples of where crisis breeds almost herd-like submissiveness” (Snider 2). Understanding this concept is not far fetched when observing our government class as a whole. We are provided daily with new material as to how our country …show more content…

Also, “Economists started out promising full recovery and are now saying ‘at least it wasn’t worse.’ For a minor recession and several years of stagnation that might follow it, that would be a big deal. For the level of contraction in 2008 and 2009, where it spread all over the world, is a disaster beyond these childish qualifications” (Snider …show more content…

Moreover, “Economists have argued that the US factory worker who loses his job to Mexico or China is being given an opportunity to do better; that factory job is being replaced by a job as a software engineer or some other such that if the factory worker takes advantage of the opportunity will leave him far better off, not just financially, in the long run” (Snider 13). Undoubtedly, this concept is key when considering how globalization has started to infiltrate the way our national economy works as of today. Rising wage demands and higher taxes force corporations and employers to seek out other sources for locating their labor force. We must ensure that businesses seek out the creation of jobs within the United States and end this cycle of fleeing the country to locate elsewhere. Finally, “Emerging markets have been thrown into a constant state of turmoil from which they cannot actually emerge no matter what they do” (Snider 16). Entering into a state of recession does not only drastically affect the US but even moreso other nations around the globe. China and Brazil have reached a point of no return in a sense. Their economies have become even more unstable following the recession with next to no growth in their economic

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