Tuesday, January 6, 2009

NYT Article and Power in OMAM

1. What is the main idea of this NYT article? What is its connection to OMAM?
The main idea of the article is that there is a recession and people are struggling to keep their house, and their job. In OMAM everybody works very hard because their is a depression and people need the money to keep their homes as well.

2. According to the article, "Some Forecasters See a Fast Economic Recovery," what 'psychological factor' is mentioned as providing the U.S. society with a false sense of comfort.
They mention that if people feel that whatever they are doing is working, they will feel that everything is back to normal, and it would create a strong sense that we are O.K. 

3. Is there a similar psychological phenomenon that plays out OMAM? (Hint: Where do the migrant workers' earnings go? Find support for your answers on pages 76-78 of the text)
They spend money on gambling and meaningless things, and don't realize that they need the money for necessities to live.


No comments: