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The Crash of 2008-09

Read these four articles on the Crash of 2008-2009.

  • Capitalist Manifesto, Zakaria (5 pages)
  • Franklin Delano Obama, Krugman (1 page)
  • FDR’s Lessons for Obama, Kennedy (2 pages)
  • Barack Hoover Obama, Baker (9 pages)

All four authors are very highly regarded.

You should also read this “truly terrifying data about the real state of the U.S. economy“. If nothing else, take a few minutes to peruse the data tables (you will find such data¬† useful when constructing your essay).

After you have read all of the articles you are to type a 1500 word (2 page, normal font and margins), single spaced essay which, in no particular order:

  • assesses what the Obama administration has done hitherto
  • evaluates historical precedents
  • prescribes a solution for the Obama administration
  • warns the Obama administration of potential pitfalls
  • cites all sources given above but does not abuse quotes (no more than 10% of your essay can be quotes)

We will discuss your essays in class. Oh, and don’t be surprised if there is a multiple choice and matching quiz on all of the readings. Good luck.

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