Assignment# 6 A.Lowry

The article "Revenge of the Glut" was written by Paul Krugman for The New York Times. I believe this article was written to inform all Americans how the economic crisis began. It explains how not just us people in the United States are suffering from economics, but its also effecting the whole world. The article also points at the forclosing homes and where the turning point occured that made millions and counting lose their homes. And sources tell that Clinton's Aminstration put the housing crisis to arise, while Obama is trying his hardest efforts to keep millions of american in their homes. But basically, i really dont see us getting out of this mess no time soon. And the authors gives good thought and opinion, giving a little hope to the crisis.