The whole purpose of entering college and doing school projects, such as this
blog that was required for an English class, is to grow as a person both creatively and mentally. Therefore, the point of this project was not to do it for a grade, although on the surface that would indeed be the reason behind it; we, the students, should have both learned and expanded our minds as a direct result of this blog project.
So, what have I learned? How has my understanding of the issue grown and evolved? How has my new knowledge shaped my understanding of the subject? How has my opinion on said subject evolved? These are some of the questions I asked myself so I could fully consider how this blog has affected myself and my thinking.
In choosing my topic, the way the
bailout money is to be spent to fix the housing crisis, I have most definitely acquired a new wealth of information with every post I've made. However, despite simply absorbing facts I've read, my perception on the issue has changed: I'm now much more aware of how complex the problem is, and how interconnected my problem is to other fields, such the as political and global aspects involved. Not only does this problem cross the perspectives of
politics and
economics, but of time (as politicians are looking into the past, plans like the
HOLC, to try and find solutions that can be applicable for today's crisis). I'm now much more aware of how the issue of the mortgage meltdown is an absolutely crucial issue that needs to be solved, because it affects both the United States' economy via the Stock Market, which in turn affects other world economies and other
world markets, which in turn come back and affect the US. The world's economies and markets are very much like a food web, where one imbalance can easily throw off all other aspects, as they are all
interconnected and interdependent on one another.
The thing that most surprised me, pleasantly nonetheless, is how through blogging on this issue I've gleaned a bit of hope; although the situation that the United States is in is indeed bleak, lawmakers and politicians are doing everything in their power to
fix the housing crisis. I have gone from not being knowledgeable and automatically having negative connotations about the bailout to feelings of optimism, learning that fixing the housing market will in turn help the Stock Market
rebound and provide a better buffer for the ever roughening economy. And while sides may hold differing viewpoints on how to go about finding a viable solution, all can agree on the important points that 1) the homeowners need a quick, yet reasonable,
solution and 2) fixing the housing market is one of the most crucial steps to helping the United States rebound out of its current situation.