Outline for essay on economic crisis

1.Causes of the economic crisis; leads to end of consumer spending
--Bad Home Loans;
--credit card debt
--foreclosures
--low consumer confidence; less spending
--Automobile business suffers; low demand; layoffs; losses
--War in Iraq; costs $10 Billion a month = greater national deficit
--5 million unemployed
--stock market crash from 14,000 to 7,000
2.Proposed Solutions of Individuals
3 Proposed Solutions for Businesses
4 What are the Costs? $1 Trillion budget this yr.
Budget $$$ for each project
Public debt, deficit spending
5. Conclusion: Restate hypothesis. Explain your
Main points; explain how the economy will effect you,
Your family, and/or your friends. Will you be helped? How?