The main idea of this article is to show the recession in todays world. it is similar to Of Mice and Men because OMAM is based on the recession and so is this article.
2. According to the article, "Some Forecasters See a Fast Economic Recovery," what 'psychological factor' is mentioned as providing the U.S. society with a false sense of comfort?
It is providing a false sense of comfort is because everyone knows that predictions are usually never right. and the prediction is that we will have a fast recovery. so people think that we will have a long recovery.
3. Is there a similar psychological phenomenon that plays out in OMAM? [Hint: Where do the migrant workers' earnings go? Find support for your answers on pages 76-78 of the text.]
It is providing a false sense of comfort is because everyone knows that predictions are usually never right. and the prediction is that we will have a fast recovery. so people think that we will have a long recovery.
3. Is there a similar psychological phenomenon that plays out in OMAM? [Hint: Where do the migrant workers' earnings go? Find support for your answers on pages 76-78 of the text.]
The psychological phenomenon is played in OMAM because the reason we always get in recession is because workers waste there money when they get it. so in doing so people are waste money on things they dont need and then they go broke so we get in recession.
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