The Economics of Super Congress Essays

The Economics of Super Congress Essays

Length: 1016 words (2.9 double-spaced pages)

Rating: Strong Essays

Open Document

Essay Preview

Ah the Super Congress, it is the last thing you would think of if asking the question what is a congressional committee. One has to wonder what people who make a run for Congress are really thinking. One also has to wonder about the sanity of a government who would appoint six individuals with nary an economics degree among them to decide the financial future of over 300 million people. That is exactly what this so-called Super Congress was appointed to do. Do they have a clue?

If you take a close look at some of the jokers we have in Congress right now you would wonder how they even learned how to run for Congress nonetheless figure out how to do their job of representing the people properly. The majority of people here in America tend to believe that the House and Senate members who are elected care more about special interest and those individuals and companies who donated large sums of money to their campaign funds want than they do about representing the whole of America. How many of you believe that Congress individually or as a whole is putting forth legislation which will benefit America in the short-term or long-term?

Although the tea party adamantly purports that America's deficit must be cut drastically to ensure the economic health of our country a great number of nonpartisan Republicans Democrats and most importantly economists disagree with them. Ian C. Shepherdson, chief economist for the United States firm High Frequency Economics cannot seem to understand what the goal of Republicans is as well as being astonished that Democrats have failed to hold what many consider as sacred ground. Mr. Shepherdson sees no reason why the United States would not move into a promising recovery state in 2012. However, as Mr. ...

... middle of paper ...

...hire American workers here in our nation and retooling our foreign trade policy to promote fair and equal trade rather than free trade would go a long way to provide some much-needed economic equality for the human productive capacity and America. An immediate doubling of the minimum wage would take millions of people off the Dole and create a spending boost that would provide immediate benefits to the GDP and start a cycle that would lead to increased employment and spending throughout the lower and middle class. Doubling the minimum wage could lead to small increases in the price of products but the increases would be so small that the inflation would be negligible.

Now I'd like to ask all of those out there who have interest in economics what is your idea to help restart the stalled economy of America as well as the stagnant economy of the entire first world?

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Essay on A Brief Note On The Civil War Congress

- Tax is a sum of money levied on incomes, property, sales, etc., by a government for its support or for specific services.(The American Heritage® Dictionary). According to the IRS website the origin of the income tax on individuals is generally cited as the passage of the 16th Amendment, passed by Congress on July 2, 1909, and ratified February 3, 1913; however, its history actually goes back even further. During the Civil War Congress passed the Revenue Act of 1861 which included a tax on personal incomes to help pay war expenses....   [tags: Tax, Taxation in the United States, Taxation]

Strong Essays
1308 words (3.7 pages)

The United States Debt or Alive? Essay

- Countries around the world are facing a dramatic recession, which is forcing them to spend capital they do not have. There are few sovereign states immune to the financial deficit that seems to even plague world super powers, such as The United States. This is unnerving due to the power and influence that the United States holds on the world stage. No matter how frugal the future budget may be and regardless of future financial success how will the United States overcome a deficit of 14.7 trillion dollars....   [tags: Economics ]

Strong Essays
1919 words (5.5 pages)

Essay about How to Solve the Foreclosure Crisis

- How to Solve the Foreclosure Crisis Over the past few years, the U.S government has proposed and put into effect many different ideas in hopes of at least slowing down the amount of Americans losing their homes within the U.S. during this recession but as a result, the amount of homes being foreclosed in America has continuously increased over the past few years. One bill that stood out the most was the bailout money given to hundreds of banks within the U.S. by President Obama and Congress totaling at an amount of almost $200 billion....   [tags: Economics]

Strong Essays
1106 words (3.2 pages)

Essay on Contrasting The Socialist and Capitalist Russian Economies

- A long-term study of the international market reveals that the Russian financial system is unique, due to its many economic changes throughout its historic existence. It is well documented that up and until 1990, Russia operated as a socialist economy. In contrast, during contemporary times it is conducted as a capitalist economy following the leadership of President Vladimir Putin. All through its socialistic era, there was a constant battle between the poor and those who privately owned their lands, fields, factories, corporations, and various other enterprises....   [tags: Econmomics]

Strong Essays
1527 words (4.4 pages)

Essay on From the Edge

- The United States of America is one of the most prosperous countries in the world. The American government was the government that was the power behind the United Nations and saved smaller, weaker countries from the rule of evil dictators. According to the Council on Foreign Relations, America has a duty to “protect peaceful people from predators” ( But, it seems that lately America has not been able to patrol the globe as efficiently. America is no longer the land ‘gleaming with streets paved with gold.’ It seems that one of the main reasons that the country is doing poorly is the huge debt that we have procured....   [tags: Economics]

Strong Essays
1170 words (3.3 pages)

Essay about The Diversification of Congress: Beneficial, Pernicious or Benign?

- The Diversification of Congress; Beneficial, Pernicious or Benign. Although the 113th Congress is the most diverse in (Jennifer E. Manning)Gender 98 Women, Ethnicity, Religion 18 specific, Occupations 16 specific, age, sexual orientation 7 openly gay or bisexual and abilities. Yet, it is the most unproductive Congress of more than 60 years. This class, plagued with indications of Internalized oppression and self-destruction, has produced less than 50 laws and has no adherence to the budget timeline this session....   [tags: Congress, Republican Party, Governement]

Strong Essays
1027 words (2.9 pages)

Food Stamps: An Important Government Transfer Program Essay

- Food Stamps: An Important Government Transfer Program Food Stamps are an important subsidy for poor families in the United States. The program began (in its most basic form) in the 1930s in response to the Great Depression and has seen many transformations since. Its original goal was to redistribute agricultural surpluses to needy individuals. It gained popularity in the early 1940s and in 1961, Congress launched a pilot program. The program became permanent under President Johnson's Food Stamp Act of 1964....   [tags: Economics]

Strong Essays
1369 words (3.9 pages)

Minorities in Congress Essay

- Minorities in Congress In forming a government for the people, by the people, and of the people, our Founding Fathers developed the idea a bi-cameral legislature. This Congress, composed of the House of Representatives and Senate, thus became known as the people’s branch of government. American children are taught in schools that anyone can be elected to Congress, so long as they meet the qualifications of the Constitution. So long as you meet the age and residency requirements you are indeed qualified to be a candidate for Congress....   [tags: Congress Racism Politics Essays]

Strong Essays
4214 words (12 pages)

Congress Essay

- There is a definite need for Congress in the United States. It serves many roles such as making laws, implementing national policy and watching over the other two branches of government. These are just a few of the duties of our U.S. Congress. Although they are essential to our government, there are potential problems. People are not always satisfied with the length of time involved in passing a law as well as the deadlock Congress can experience on an issue. Another potential problem people see with Congress is representation....   [tags: essays research papers]

Strong Essays
1721 words (4.9 pages)

Economics Essay

-      Definition of Topic: Economics is the study of supply and demand. It defines the ways that human beings allocate resources and how resources are distributed amongst a market. It allows you to see trends in current market places and predict what may happen in the future. Many different subjects were once regarded as a part of economics. Political science and even sociology were once considered part of the field. These subjects still play a major role in understanding economics but are also completely separate disciplines today....   [tags: Understanding Economics Essays]

Strong Essays
1694 words (4.8 pages)