What is the crisis America is in? The crisis America is in right now is that the stock markets are going down. How are the stocks going down? Well, one of the reason is the war in Iraq. Because, of the war in Iraq America is in a huge war debt. Becasue of the war debt taxes are going up. Since the prices all merchandis is getting more expensive. With taxes going up so is gas prices, and oil. Corn is going up as well. Many farmers are don't have enough workers so they have to raise the prices on their merchandise. That's why America is in an economic crisis right no.
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