Pedro Garcia, 13, Smith Academy of International Languages, Charlotte: I believe that the economy is like a cycle. Say if people don’t buy from this company the company won’t have money and goes out of business. Bush is damaging our economy because he is wasting much money in the war in Iraq, buying weapons, cannons and tanks. Instead of giving that money to companies that we can benefit on. Gas and food prices are affecting my family these days. I could even buy a pair of shoes with 25 gallons of gas a week. Seriously the government should have an eye on businesses to make arrangements about it.
Sarah Kerman, 12, Piedmont Open I.B. Middle School, Charlotte: I believe the U.S economy is in a recession, no doubt about it. We need federal bailouts because they’ll help get our economy back on track. But we must start with the source of the problem. It’s like fixing a leak, do you try to patch up the leak or patch the source of the leak? The leaders of our country didn’t regulate who could get certain kinds of loans and the government let lenders get greedy. The lenders took advantage of lack of government regulation and gave loans to people who didn’t know what they were getting into. Now those people are in trouble and it’s affecting the investors on Wall Street. We need more rules!
Danielle Blake, 14, North Stanly High School, New London: I think that the government should be overseeing more businesses. I think that if the government did put regulations on businesses, then fewer businesses would get in financial trouble and not over charge people. The government should regulate more businesses in order for our economy to be go up instead of go down. If the government would oversee more businesses, then gas prices probably wouldn’t have gone up so much in the past few weeks. My family is feeling the effects of gas going up. We cannot go as many places as we used to.
Samantha Chandler, 14, North Stanly High School, New London: I think the government should oversee the businesses. Especially the gas business!!! I think our country is charging way too much for gas!!! I understand that gas is not cheap right now but that is not the way to earn the money back!! Gas prices rise and drop all the time, but not dramatically like it did that night when it jumped almost two whole dollars! Gas prices are the main reason for our country’s economical state along with the rising prices of groceries. A gallon of milk is like double the price it used to be! We need to bring all prices down on essentials like gas and groceries. Maybe our country thinks everyone needs gas so they will buy it no matter what the price might be. If the people would just stay at home, or walk, or ride the bus, gas prices might come down. I am afraid of what the gas prices are going to be when I drive in a year and an half!! We need to seriously do something about this!!!
Sarah Baucom, 14, North Stanly High School, New London: Right now, we are having one of the worst times in the United States. Gas prices are going up everyday, companies are going bankrupt, and more and more people are unemployed. I believe that the government should be in more control. The government needs to be in control of the way banks give loans out to future-home buyers. If the government watches this, then there will be less foreclosures and possibly even unemployment. Also I believe that if the government is completely in charge of the gas prices, then maybe the prices would be at a more reasonable price.
Camren Summerlin, 14, North Stanly High School, New London: I think that the economy is struggling because of the rising price of gas, which is what has sent us plummeting down in our economics. As the price of gas goes up, everything else goes up because we are an oil-based country. If that could be changed, it would help this economy. The money is out there but it’s just back in to the same hands that distributed it. What I am saying is that everyone who has money is who is responsible for the gas prices. I think that the government should do something about this gas crisis.
Sierra Wyrick, 14, North Stanly High School, New London: I think that the government should not raise the gas prices up any higher because some people don’t have the money for gas. The government shouldn’t raise it any higher because of people losing their homes. They shouldn’t just focus on themselves; they should think what other people think. I think that everyone is getting frustrated because the government is against what everyone thinks and they have the money to buy the gas while other people don’t. It goes up ten or more cents everyday.
Tiffany Weaver, 15, North Stanly High School, New London: I think that if we would’ve planned for things like this in the past then things would’ve been a little better in the future. The government should oversee gas prices and control them so they could possibly lower the prices. I don't think that individuals should control the gas prices. To make things right, all the problems should be put in the government’s hands so they can help solve the problems that we’re having today.
Whitney Thorpe 14, North Stanly High School, New London: The government should be seeing that many families don’t have a lot of money and can’t pay $5 for a gallon of gas. Many people have to get to work and take their kids to school. I think that the government should be trying to lower gas prices and quit raising them. Soon everybody is going to lose their jobs and kids are not going to be at school. Many people will go into poverty. Also places and restaurants are going to be going out of business since nobody will be going out to eat or going anywhere. My family is suffering through this same problem. We don’t go out as much and I don’t get to go out and hang out at the movies or the mall with my friends. The government should really start changing and lowering the gas prices.
Source: The Charlotte Observer