The Concern of National Debt :: Argumentative Economy Economics Papers

The Concern of National DebtThe National Debt is large, and should be a major concern to the economy. But a even bigger concernis how our regime plans to balance the budget andpay off the Federal Deficit.I am not in favor of passing the National Debt on to future day generations, nor am I in favor of passing theRepublicans Budget throw either.The Republicans fatalityto sharply cut spending for Medicareand Medicaid health benefits for elderly and poor the Statesns in order to balance the budget by 2002 - while also providing $240 jillion in evaluate cuts.I am in favor of reconciliation the budget but through manydifferent routes. 1) cut sociable Security but haveAmericans set-up tax free IRAs for their future. 2)Make a politicians course not so glamourous. A mere $35,000 dollars per year and a suitable benefits planlike the majority of Americans have would be fine. perchance not so many greedy, power hungry indvidualswould want the job to make them richer and usthe American workers poorer. Maybe just maybe an bonny american would take the job to help the overall benefit of America as a whole and not justworry what is in it for them. 3) Cut some of theentitlements programs, but let the American people make up where to cut. The Government should haveon-line voting, so our voices are heard.The Republicans package is a tax cut for the rich, itsmuch more a tax cut for the middle class -- and a baddeal for the on the job(p) poor. But I do understand, no matter where the cuts go, or who they abide more, thedollars must come out.Take the dollars away from the rich and the greedy politicians who want more and more each year for their own benefit most(prenominal) of these politicians areset for life with their million dollar benefits