For this, I'm going to assume we resume with option "A".
Have we continued on our same terrible path of debt in our future of 2024? I believe that we do. I believe our economy is going to continue with this national financial debt, and as each year goes by, the debt gets worse and worse. We will be in the path of terrible destruction to our American economy, and more and more people will struggle throughout this expanding national debt. People will strive to get a good job and provide a safe, stable home for their families. However, even jobs will be harder to find if this prediction becomes true.
Slowly but surely, more people will lose their jobs as the amount of debt increases. Politicians might say our economy is improving, but their concerns does not involve money, because they live in a financially stable place. In all reality, our economy is not improving. It is the simple fact that the debt has stopped increasing, but definitely not improving. As Americans (as sad and true as it is), we have an urge to continuously purchase items that we don't need with money we don't have. Why? Because things such as ads, commercials, etc. tell us we need that certain item to "improve" our lives. We are spoiled, but we as the people of America don't like to admit that, where as places such as India and parts of Thailand suffer from poverty, and half the time don't have money to spend. However, people who live in such conditions know how to save and how to control themselves from buying unnecessary things. If a person in poverty got $5, they would purchase food or try to make improvements of their lifestyle, where as Americans will buy the hottest clothing, phones, iPods, jewelry, etc.
I can see myself struggling to keep my future job, let alone my home in 2024 if our economy continues to fall straight into the crapper.
How big will the difference be between rich and poor in 2024? Or even 2030? Will the possible downfall of the economy effect the wealthy a lot or a little?
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