Are We Falling In The Same Slump As The Great Depression

Many people fear that our country's economy has still yet to recover and might even fall further into the slump that it is in now. Are we going to fall into a great depression similar to what was seen here in the 30's. Most likely not according to economists who wrote in "The Shadow of Depression" written by Robert J. Samuelson. According to these people our economic status is nearly as much of a problem as it was back then although if the country continues to be tight with their money we could see this depression last for longer than expected. Although its hard for citizens and companies to spend money at times when they know the dollar will fall short, it needs to be done to get money flowing back into the system to help revamp the economy. If people weren't so tight with their money and spent it wisely it could help to create more money flow to help us climb out of this depression. Another thing that is reassuring about our economic status is the fact that our country is a lot more developed than it was back in the 30's. We now have federal unemployment insurance that help many struggling families and it was non existent back in the 30's. The other role that is going to help revamp the system is the government which has tried to more quickly help with slumps in the economy than it used to. All in all we as a country can rise from this slump in our economy if we are willing to let a little more money go back into the economy to help get it on its feet again, because if we don't our economic future is uncertain.