Category: National Debt
-
US Budget Deficit and Public Debt
US Budget Deficit and Public Debt The 2008-2009 Financial Crisis which is commonly known as the housing-bubble threw the United States but other international economies into a severe recession. The first crackle of this panic was the credit boom in mid-2007. This was all influenced based on the rapid growth in credit accompanied by unstrict…
-
A Cause and Effect Essay on The Impact of National Debt on The US Government and Its Citizens
A Cause and Effect Essay on The Impact of National Debt on The US Government and Its Citizens This paper will address the numerous causes and effects of the United States National Debt, both on the US citizen, the US government, and the world. Firstly, however, a parallel must be made. Beginning in 2008, the…
-
The United State’s Debt Problem and The American Politician
The United State’s Debt Problem and The American Politician Our National Debt problem is the result of irresponsible governing and four types of deficits. The first deficit is a leadership deficit. Presidents in current times have been incapable of dealing with the deficit. A big drawback to dealing with it is the politicians fear of…
-
Impact of The National Debt on The Future
Impact of The National Debt on The Future There is a very delicate balance that needs to be upheld in order to prevent the US economy from collapsing completely. The countrys massive debt is a possibly fatal factor that could offset the fragile balance and plunge the nation into chaos. We need change that will…
-
National Debt is Everyone’s Problem
National Debt is Everyone’s Problem We used to compare the Philippines, for instance, to an oriental pearl, coveted by colonists due to its rich resource, lush nature, and industrious people. Became a caged dovein time of Martial Law and fighting this we earned a title of sick man of Asia by early 1990 in Cory…
-
How The Economic Challenges and a Constantly Rising National Debt Has Continued to Threaten Job Security
How The Economic Challenges and a Constantly Rising National Debt Has Continued to Threaten Job Security Many Americans feel threatened due to questionable job security brought on by economic issues and steadily building national debt. We have all heard the outrageous statistics of unemployment and the never ending battle of who is responsible for this…