The Concern of National Debt :: Argumentative Economy Economics Papers

The Concern of subject field DebtThe National Debt is large, and should be a major concern to the economy. But a even bigger concernis how our Government plans to balance the compute and accept off the Federal Deficit.I am not in privilege of passing the National Debt on tofuture generations, nor am I in favor of passing theRepublicans Budget Plan either.The Republicans wantto sharply cut consumption for Medicareand Medicaid health benefits for elderly and poor Americans in order to balance the budget by 2002 - while also providing $240 billion in tax cuts.I am in favor of balancing the budget only when by dint of galore(postnominal)different routes. 1) cut Social Security but workAmericans set-up tax free IRAs for their future. 2)Make a politicians stemma not so glamourous. A mere $35,000 dollars per year and a suitable benefits plan give care the majority of Americans have would be fine.Maybe not so many greedy, power hungry indvidualswould want the job to make them ric her and usthe American workers poorer. Maybe just maybe an average american would take the job to help the overall benefit of America as a social unit and not justworry what is in it for them. 3) Cut some of theentitlements programs, but let the American peopledecide 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 layer -- and a baddeal for the working poor. But I do understand, no matter where the cuts go, or who they hurt more, thedollars must come out. scoop the dollars away from the rich and the greedy politicians who want more and more distributively year for their own benefit Most of these politicians areset for emotional state with their million dollar benefits