Interview Project
Participants:
Asma V. : 21 year old college student
Tony D. : 56 year old piano teacher
Joanie A. : 72 year old retiree
1.
In
your lifetime, what city that you are familiar with has changed the most (both
positive and negative)?
Asma V. : In my lifetime the city
that has changed the most would be my home town, Bridgeport, CT. Over the
years, things have gone both ways. I remember when downtown Bridgeport was a
place where you could do great shopping, and then all of a sudden the big mall was
gone and downtown turned into a place that you wouldn’t dare go. But now a
days, downtown Bridgeport has turned into a cultural and arts center, there are
many small shops opening up, and a lot more people venture into downtown
instead of staying away from it.
Tony
D. Bridgeport, CT – there is higher crime, a
collapsing infrastructure, and corrupt politics
Joanie
A. Bridgeport, CT,
which was a major industrial city for most of the last century and was where my
family from both sides moved to live and work, has become the place where no
one wants to be…no jobs, no industry, high taxes, bad schools, slums and for
the most part, corrupt politicians running the city.
2.
In
your opinion, what president had the biggest positive impact on the economy?
Why?
Asma
V. From what I can
remember, the time of President Clinton was very economically positive.
Everything was just in the right place. It was during the 90’s that my family
was doing so well that we were able to move out of our two bedroom apartment in
the ghetto of Bridgeport to our current home in the north end of the city. I
remember family vacations and road trips during the summer. Everything was
priced just right and there was no reason to worry about the cost of something.
Tony
D. Franklin D.
Roosevelt, because he got the country out of the depression
Joanie
A. Ronald Reagan…he
was lucky enough to be governing in the good times
3.
What
is your first memory of a major economic event impacting your life?
Asma
V. My first memory of
the economy being bad was during the summer of 2008.This was the summer that my
first semester college tuition was due, and even with all the financial aid I
was getting, we still had a hard time coming up with the money. I even
considered, after my third semester at my school, transferring to a state
school which had a cheaper tuition
Tony
D. The Gas Crisis of
1974 when there was an oil/gas “shortage”, making gas prices sky rocket, and
causing long lines at the gas station and the act of getting gas to be more of
a times event then something you did casually.
Joanie
A. The war in the Middle East
4.
How
do you get economic news? How has this changed over your life
Asma
V. I usually get my
economic news from the internet or from hearing about things from my
professors. I never really paid too much attention to economic news until the
past few years, and it’s always been the same way.
Tony
D. Television news
broadcasts, the internet, the New York Times, and general reading. The only
thing that has changed over time is the internet.
Joanie
A. I get it from the newspapers, television
and people smarter than myself and it has not changed much over my life.
5.
What
is your definition of economics (when you hear the word economy or economics
what do you think about)?
Asma
V. Economics is the
study of the consumption of goods and spending of money.
Tony
D. The root of the
word “economy” comes from the Greek. It means efficient management of the household
and scarce resources.
(I swear that was
off the top of his head!)
Joanie
A. Having a good job and being able to afford
to live well, now and in the future
6.
How
do you deal will rising prices e.g. substitute cheaper brand, stop buying? Any
examples?
Asma
V. To deal with
raising prices, for example gas for the car, I try to use less, and try not to
drive unnecessarily.
Tony
D. Buy store brand
instead of brand name.
Joanie
A Stop buying what is
unnecessary, cheaper brands aren’t always bad, eat out less, don’t waste money
on things you don’t really need. Keep it
simple
7.
What
product or service has most changed over your lifetime?
Asma
V. The service that
has changed most during my life is the internet. I remember trying to get
online when I was nine or ten, waiting for the AOL dial up to connect, then
having to get off ten minutes later because I was tying up the phone line.
There was never really anything to do online either. I would sign on, check my
email, which was always empty since this was before the time of “spam”, check
to see if any of my friends were online so we could instant message each other,
and then sign off.
Tony
D. The internet,
telecommunications, electronics
Joanie
A. TELEPHONES!!!
8.
How
do you handle saving and how has this changed
Asma
V. I only work part time
since I am a full time student, so my pay check is pretty measly. But I have
two accounts with my bank, a checking account where I put spending money, and a
savings account, where I deposit a portion of my check into weekly. I used to
keep money at home, but I ended up spending most of it because it was within
arm’s reach.
Tony
D. I have a savings
account, always have.
Joanie
A. Don’t save…have
most of the things we saved for when we were young
9.
What
was the price of gas when you got your first car?
Asma
V. I think gas
prices were around $3.25 or so at that time.
Tony
D. Forty-five cents
Joanie
A. If I can remember,
about 19.9 cents per gallon (unbelievable, right?)
10.What
was your wage at your first job?
Asma V. Minimum wage, $8.25
Tony
D. Minimum wage,
around $3.50, or $4.00
Joanie
A. $1.00 per hour
Surveys