I chose the article “The Shadow of Depression”. This article talks about the Great Depression and how it relates to the recent recession of 2007 and the depression of today. The comparison between the two is vague. At first the author talks about how the recession was so bad by today’s standards. An economic historian of the University of California at Berkeley said that “Unfortunately, the similarities [between then and now] are growing more striking every day” (Eichengreen). This is a very vague interpretation. An economic historian has a lot of credibility, but to say that between then and now, there are many similarities and that they are growing seems ridiculous. In 1933, unemployment peaked at 25 percent. In today’s depression, it only reached a peak or about 9 percent. I believe the author did not do the best job writing this article. He states at the beginning of the article that “…we are falling into a deep economic ravine from which escape will be difficult” (Samuelson). Every depression is a “deep economic ravine”. At first in the article, he starts with a scare tactic and then he goes in to some statistics about both depressions. After that, he talks about the government’s aggressive policies to help with recovery. Near the end, he talks about what other countries should do with their money to help with the world wide depression. Finally, at the end, he closes with the fact that if people stopped conserving cash and started to spend it, that that is what would bring us out of the depression.