Annotated Bibliography
Taylor, Matthew J. "Federal Policy and the Great Recession | Policy | The State of Working
Washington 2011." Federal Policy and the Great Recession | Policy | The State of
Working Washington 2011. Economic Opportunity Institute, 2011. Web. 01 Mar. 2013.
<http://www.stateofworkingwa.org/2011/swwa/policy/federal-policy-great-recession.htm>.
This source shows the Great Recession through the state of Washington’s eyes. The point of this article was to show how an individual state took action and wrote this article to express the movement during the Great Recession.
This shows some biases because it is in the opinion of another state but it still gives us an inside look on what it was like for each state during the Great Recession. The goal of this source is to inform the reader about the Great Recession in the eyes of a state that is not really spoken much of during the time of the Great Recession.
This was a helpful source because it gave us another insight to how we approached a states view of things. I will use this source as an example because we have so many general examples, it will be nice to incorporate something so small, yet so powerful. I think that the topic shows how the government can sometimes poorly react to certain situations by making them worse than they really are before making them even remotely better.
Zandi, Mark. "How the Great Recession Was Brought to an End." Economy. Princeton
University, 27 July 2010. Web. 1 Mar. 2013.
<http://www.economy.com/mark-zandi/documents/end-of-great-recession.pdf>.
The main idea of this PDF was to inform the reader everything they needed to know about the Great Recession, whether if it was from the beginning to how it all started to the detail-colored graphs and finally to all of the government solutions that either were very beneficial or were a waste of time, effort, and money.
I believe that this is the most useful source that I have found so far because it shows every step of how the Great Recession dragged on by using graphs, charts, and explanations of each situation. This is not a biased source. The goal of this source is to help us use its primary sources to help make a stronger paper presentation.
This fits into our research because it has a lot of primary sources that weren’t very common at the time because of the fact that the Great Recession was so recent. This helps shape my argument because it shows that the government used a lot of money during this dark time in the economy.
Barone, Michael. "Responding to the Recession - Michael Barone - National Review Online."
NRO. National Review Online, 20 June 2011. Web. 01 Mar. 2013.
<http://www.nationalreview.com/articles/270001/responding-recession-michael-barone>.
The main ideas of this article were about the government's reaction to bringing the economy and this country out of the Great Recession. The article mainly surfaced on how the government lends money to banks, used money to pass laws and acts to help struggling businesses, and created a lot of government packages that are still talked about today like the stimulus package.
I believe that this is a useful source for many reasons. One reason for why this source is a useful source is because there are many different types of ways on how the United States of America’s government spent money to take the country out of the the Great Recession. I feel that another reason for why this is a useful source is because there were many ways that the government could have chosen to do this and the article mainly focussed on this certain area.
This source gives us an inside look on how the government used money that the did not have to pay out or help small businesses to pull the country slowly out of a recession. This source was very helpful. This source helps shape the argument because we can see that the government used money they didn't have just as the investors and banks invested money that they did not have, only to not have thing work and not work.
"The New Deal. Surviving the Dust Bowl." General Article: The New Deal. American Experience. Web. 6 Mar 2013.
<http://www.pbs.org/wgbh/americanexperience/features/general-article/dustbowl-new-deal/ >.
This is an article about the dust bowl. It talks about how Roosevelt reacted to it. It talks in detail about a lot of the things that president Franklin D. Roosevelt was going to do and what he has done with the new deal and how things turned out because of what he has done.
This will help the project because it shows how it affected the country and how the people reacted to the new deal. It also talks about how roosevelt reacted to the depression.
This website is important because it talks about programs set in place to help the country with financial situations from east to west.
. "Chart Book: The Legacy of the Great Recession." Budget and policy properties . N.p.. Web. 1 Mar 2013.
<http://www.cbpp.org/cms/index.cfm?fa=view&id=3252>.
Irwin, Neil. "Happy 5th birthday, Great Recession! I hope you get hit by a truck.." Happy 5th birthday, Great Recession! I hope
you get hit by a truck.. Washington Post, 29 Nov 2012. Web. 7 Mar 2013.
<http://www.washingtonpost.com/blogs/wonkblog/wp/2012/11/29/happy-5th-birthday-great-recession-i-hope-you-get-
hit-by-a-truck/>.
This website is about the fifth anniversary of the great recession. It talks about how in the beginning months of when the recession started, and how no one knew if it was going to turn out to be a recession or if it was going to turn itself around. In preparation President Bush started a $152 billion dollar stimulus plan to try and fight the fall.
This is a useful source for us because it shows that there was leeway for the fall to turn around. This can happen because the stock market can go up or down in a matter of days. Also the website talks about how economist thought that the whopping 8.9% shrinking of the economy was unfathomable.
This fits into our research because the part of the website that shows the reflection about how the new years coming will affect the country. It shows an increase for the economy. It incorporates a birthday in with it. It is the fifth birthday and the person who wrote the article wishes the worst for the recession.
Condon, Bernard. "Dow hits record, erasing Great Recession losses." Dow hits record, erasing Great Recession losses. US News,
06 Mar 2013. Web. 7 Mar 2013. <http://www.usnews.com/news/business/articles/2013/03/06/dow-hits-record-erasing-
great-recession-losses-2>.
This source is effective because it talks about the stock market. It shows that the people who did not panic and continued to sell their stock in 2008-2009 have almost fully recovered in the market. However it shows that the people who reinvested or added to their holding have not done well at all.
This is important because it shows for further reference that people should continue with what they know to do in a regular situation because it will be better for them in the long run. It shows that people should not add or take away anything in the stock market.
This is helpful for us because it shows how the stock market affects everyone not just people in the stock market. Many people have been affected by and are still being affected.
Dave, Grandlundo. Grandpa, Tell us again what life was like before 2008. 2008.
http://joyannaadams.wordpress.com/2012/09/08/did-the-democrats-crash-the-economy-on-purpose/Web. 7 Mar 2013.
<http://joyannaadams.files.wordpress.com/2012/09/cartoon-housing.jpg>.
This picture shows a grandfather in a cave with his grandsons. His grandsons are asking the grandfather to tell them about what life was like before 2008 because now they have to live in a cave with a fire and no clothes like cavemen. On the wall there are planes and cars and money drawings .
This is important because it shows that people lost a lot of things from the crash. Many people went homeless and had nothing to show for what they have worked for in previous years. They were forced out of homes and had nothing to do but ask what life used to be like.
We can use this because it is a good example of what life was like for some people. It of course is a big exaggeration. It is a funny cartoon to show that people have been suffering from the recession.
Schwab, Charles . 401k Losses Cartoon. N.d. n.p. Web. 1 Mar 2013. <http://beginnersinvest.about.com/od/macroeconomics/ig/Recession-
Investing-Cartoons/401-k--Losses.htm>.
This is a political cartoon that explains that the investments that people made were to big and caused the economy to crash. People thought that buying properties cheap will make them money but when everyone is doing it at the same time then it is not worth it. A lot of money was lost in the end. People thought the price of the property was the other thing that mattered. Was it actually that important?
We can use this because it makes you look at the great recession in a different way. Also after looking at the cartoon you can clearly see what was happening during this time.
Washington 2011." Federal Policy and the Great Recession | Policy | The State of
Working Washington 2011. Economic Opportunity Institute, 2011. Web. 01 Mar. 2013.
<http://www.stateofworkingwa.org/2011/swwa/policy/federal-policy-great-recession.htm>.
This source shows the Great Recession through the state of Washington’s eyes. The point of this article was to show how an individual state took action and wrote this article to express the movement during the Great Recession.
This shows some biases because it is in the opinion of another state but it still gives us an inside look on what it was like for each state during the Great Recession. The goal of this source is to inform the reader about the Great Recession in the eyes of a state that is not really spoken much of during the time of the Great Recession.
This was a helpful source because it gave us another insight to how we approached a states view of things. I will use this source as an example because we have so many general examples, it will be nice to incorporate something so small, yet so powerful. I think that the topic shows how the government can sometimes poorly react to certain situations by making them worse than they really are before making them even remotely better.
Zandi, Mark. "How the Great Recession Was Brought to an End." Economy. Princeton
University, 27 July 2010. Web. 1 Mar. 2013.
<http://www.economy.com/mark-zandi/documents/end-of-great-recession.pdf>.
The main idea of this PDF was to inform the reader everything they needed to know about the Great Recession, whether if it was from the beginning to how it all started to the detail-colored graphs and finally to all of the government solutions that either were very beneficial or were a waste of time, effort, and money.
I believe that this is the most useful source that I have found so far because it shows every step of how the Great Recession dragged on by using graphs, charts, and explanations of each situation. This is not a biased source. The goal of this source is to help us use its primary sources to help make a stronger paper presentation.
This fits into our research because it has a lot of primary sources that weren’t very common at the time because of the fact that the Great Recession was so recent. This helps shape my argument because it shows that the government used a lot of money during this dark time in the economy.
Barone, Michael. "Responding to the Recession - Michael Barone - National Review Online."
NRO. National Review Online, 20 June 2011. Web. 01 Mar. 2013.
<http://www.nationalreview.com/articles/270001/responding-recession-michael-barone>.
The main ideas of this article were about the government's reaction to bringing the economy and this country out of the Great Recession. The article mainly surfaced on how the government lends money to banks, used money to pass laws and acts to help struggling businesses, and created a lot of government packages that are still talked about today like the stimulus package.
I believe that this is a useful source for many reasons. One reason for why this source is a useful source is because there are many different types of ways on how the United States of America’s government spent money to take the country out of the the Great Recession. I feel that another reason for why this is a useful source is because there were many ways that the government could have chosen to do this and the article mainly focussed on this certain area.
This source gives us an inside look on how the government used money that the did not have to pay out or help small businesses to pull the country slowly out of a recession. This source was very helpful. This source helps shape the argument because we can see that the government used money they didn't have just as the investors and banks invested money that they did not have, only to not have thing work and not work.
"The New Deal. Surviving the Dust Bowl." General Article: The New Deal. American Experience. Web. 6 Mar 2013.
<http://www.pbs.org/wgbh/americanexperience/features/general-article/dustbowl-new-deal/ >.
This is an article about the dust bowl. It talks about how Roosevelt reacted to it. It talks in detail about a lot of the things that president Franklin D. Roosevelt was going to do and what he has done with the new deal and how things turned out because of what he has done.
This will help the project because it shows how it affected the country and how the people reacted to the new deal. It also talks about how roosevelt reacted to the depression.
This website is important because it talks about programs set in place to help the country with financial situations from east to west.
. "Chart Book: The Legacy of the Great Recession." Budget and policy properties . N.p.. Web. 1 Mar 2013.
<http://www.cbpp.org/cms/index.cfm?fa=view&id=3252>.
Irwin, Neil. "Happy 5th birthday, Great Recession! I hope you get hit by a truck.." Happy 5th birthday, Great Recession! I hope
you get hit by a truck.. Washington Post, 29 Nov 2012. Web. 7 Mar 2013.
<http://www.washingtonpost.com/blogs/wonkblog/wp/2012/11/29/happy-5th-birthday-great-recession-i-hope-you-get-
hit-by-a-truck/>.
This website is about the fifth anniversary of the great recession. It talks about how in the beginning months of when the recession started, and how no one knew if it was going to turn out to be a recession or if it was going to turn itself around. In preparation President Bush started a $152 billion dollar stimulus plan to try and fight the fall.
This is a useful source for us because it shows that there was leeway for the fall to turn around. This can happen because the stock market can go up or down in a matter of days. Also the website talks about how economist thought that the whopping 8.9% shrinking of the economy was unfathomable.
This fits into our research because the part of the website that shows the reflection about how the new years coming will affect the country. It shows an increase for the economy. It incorporates a birthday in with it. It is the fifth birthday and the person who wrote the article wishes the worst for the recession.
Condon, Bernard. "Dow hits record, erasing Great Recession losses." Dow hits record, erasing Great Recession losses. US News,
06 Mar 2013. Web. 7 Mar 2013. <http://www.usnews.com/news/business/articles/2013/03/06/dow-hits-record-erasing-
great-recession-losses-2>.
This source is effective because it talks about the stock market. It shows that the people who did not panic and continued to sell their stock in 2008-2009 have almost fully recovered in the market. However it shows that the people who reinvested or added to their holding have not done well at all.
This is important because it shows for further reference that people should continue with what they know to do in a regular situation because it will be better for them in the long run. It shows that people should not add or take away anything in the stock market.
This is helpful for us because it shows how the stock market affects everyone not just people in the stock market. Many people have been affected by and are still being affected.
Dave, Grandlundo. Grandpa, Tell us again what life was like before 2008. 2008.
http://joyannaadams.wordpress.com/2012/09/08/did-the-democrats-crash-the-economy-on-purpose/Web. 7 Mar 2013.
<http://joyannaadams.files.wordpress.com/2012/09/cartoon-housing.jpg>.
This picture shows a grandfather in a cave with his grandsons. His grandsons are asking the grandfather to tell them about what life was like before 2008 because now they have to live in a cave with a fire and no clothes like cavemen. On the wall there are planes and cars and money drawings .
This is important because it shows that people lost a lot of things from the crash. Many people went homeless and had nothing to show for what they have worked for in previous years. They were forced out of homes and had nothing to do but ask what life used to be like.
We can use this because it is a good example of what life was like for some people. It of course is a big exaggeration. It is a funny cartoon to show that people have been suffering from the recession.
Schwab, Charles . 401k Losses Cartoon. N.d. n.p. Web. 1 Mar 2013. <http://beginnersinvest.about.com/od/macroeconomics/ig/Recession-
Investing-Cartoons/401-k--Losses.htm>.
This is a political cartoon that explains that the investments that people made were to big and caused the economy to crash. People thought that buying properties cheap will make them money but when everyone is doing it at the same time then it is not worth it. A lot of money was lost in the end. People thought the price of the property was the other thing that mattered. Was it actually that important?
We can use this because it makes you look at the great recession in a different way. Also after looking at the cartoon you can clearly see what was happening during this time.