Should Public Debt Be A Nation - 944 Words

It’s blatant that our once beloved nation has turned for the worse. In my opinion, America is currently struggling greatly in advancing ourselves as a nation. With that being said, 2016 is a special year due to the fact we have the obligation of electing a new president. Numerous amounts of people will be voting for their reputable parties; meanwhile, countless amounts of people will cast their vote for who they personally like. However, the vast majority of the population doesn’t look into the legitimate issues our nation currently possesses. Citizens should be looking for candidates that have similar perspectives on top issues as them, as well as a respectable character reputation. First, I’ll address what I perceive to be the greatest issue: Economy. Currently, the USA is in around a $19,000,000,000,000 (19 trillion), which is extremely high. We are in a financial predicament that keeps growing larger by the day. Public debt is at 13.6 trillion, while the intragovernmental debt sits at 5.34 trillion. Since 2001, more than 63,000 manufacturing facilities have been shut down in the USA; therefore, it’s not surprising that today less than 65% of all men hold a job. 35% of Americans are enrolled in a federal welfare program. Another awry fact: Medicare is growing at an intense rate, yet faces unfunded liabilities of roughly 39 trillion dollars over the next 75 years. This results in a need of a solution. To start, decriminalizing marijuana and taxing it would be highlyShow MoreRelatedUS National Public Debt Essay1200 Words   |  5 PagesThe national debt is the result of a states borrowing from its population, from foreign governments, or from int ernational institutions such as the International Bank for Reconstruction and Development. Public debts tend to be large-scale credit operations and are contracted on a national scale by central governments and on a lesser scale by provincial, regional, district, and municipal administrative bodies. In the U.S., public debts are also contracted by the states and by local governments, primarilyRead MoreHow The Rising Student Loan Debt1318 Words   |  6 PagesHow to Control The Rising Student Loan Debt The American Dream teaches us that if we work hard, earn a good living, and do our best that we will be able to live comfortably and happily with the fruits of our labors. In today’s society to achieve the American dream, one must first obtain a higher education. In order to do that though many students are taking out student loans and putting themselves further in debt. 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He sought to create a great nation capable of surviving in a world torn by war between Britain and France. His decisions set the path for future presidents and impacted our nation immensely. Washington created the first established foreign policy of the United States, the policy of neutrality or non-involvement. Having just defeated the English and gaining our independence, the US faced the challenging task of creating a new nation. In an effort to guard ourselves from involvement