Greenspan has cut the interest rates three times since the start of the new year and yet consumer confidence and the nation’s financial situation continue to slip. President Bush has concluded that only a massive tax cut will level out the economy and help to rebuild after the damage done lately. Bush wants to put money back in the hands of the consumer by making sure every social level is included in his cuts. The Presidents tax plan will lower the marginal tax rate for low income parents thus allowing, in theory, lower class citizens to join the middle class. The tax cut plans to give the largest percentage reductions to lower income families.
The lack of coverage for the bottom 40% only increases the gap between the poor and the rich and the middle class is gradually disappearing, which not only places this country at a moral crossroad but also threatens a heavy blow to the economy. Affordable healthcare is a civil right that all members of a free nati... ... middle of paper ... ...or United. The sooner this country loses the “every man for himself” attitude, the sooner the United States will be able to move forward as a nation. This country believes that the government must protect all citizens with the military, but what is the point in protecting a nation where there are people who do not care about looking out for their own fellow citizens? Investing in universal healthcare is just another (and certainly less violent) method of the government providing protection.
It collects enormous sums of money through taxation and then redistributes the money to select individuals. This reality would be fine if Americans thought for a moment that our government knew how to do that efficiently. Our eleven trillion dollar national debt tells Americans that our government borrows more and more money just to keep operating. Given a choice, most Americans would never willingly give our government any amount of money. Until there is serious welfare reform, Americans will have negative feelings toward the current welfare system and there will be animosity between the makers and the
While Bush has been gaining support from the people of America, Congress has been spending more money. Funds from the Social Security surplus have even been used for the war. Tax cuts to redistribute incomes have been added to the $40 billion already spent. Some people though, believe that the stimulus package should be scrapped. Lawrence Lindsey comments, “To kill them now, threatened a stock market collapse and a deeper recession.” All these events have been directed toward us because our nation will soon be in debt and we will have to cut down on spending to keep our economy up.
After 60 years of giving out thousands of billions of dollars to emergent countries, foreign aid must be stopped and be spent on helping America become more prosperous than before. Many people in the world argue that foreign aid is necessary for developing countries and should not be stopped from being given out. Scores of people argue that foreign aid is vital for the survival of the world’s economy. However, American aid has been going to countries that do not contribute to global development and is usually unknown to the charitable donator. When comparing America’s reason for foreign aid to other powerful nations, they do not share America’s views.
Today, this definition has been stretched near to the breaking. The budget proposal presented by the Presidential office blatantly seeks to strengthen the government and weaken the people. The budget claims a reduction in the deficit a... ... middle of paper ... ...resent form of democracy fosters a system of near endless debate followed by so many compromises that no one really wins in the end. With such an extensive and diverse system of government, it is not just impossible to please everyone but virtually impossible to genuinely please anyone at all. Works Cited "Congressional Progressive Caucus : The People's Budget."
Recommendations On average the United States spends $529 billion on foreign affairs that will never be able to return the money to the US government. Thus, it falls into the lost money category. If the government were to stop sending meaningless money in outlying areas that have no capital to return, the debt will be greatly reduced. Many of the solutions stated above are possible, but it is our recommendation that the U.S. government stop spending money overseas first. The country may still need to look into other solutions afterwards, but we believe this is a crucial first step to reducing the national deficit.
Therefore, congress rarely passes cutbacks; their concern for reelection is too great. Many sources conspire against any sort of reform of social welfare programs, some good, some bad. Originally designed to protect the elderly during the depression, welfare programs evolved to include all of the American poor, but also some factions that were not suffering. Abuse of these programs by corporations leads to a push to eliminate ways for the system to be exploited, but the need of the poor outweighs the negatives. Being the most powerful country in the world means that we should be able to take care of all of our citizens.
America needs to save money for her children’s college, 6. America needs to regulate mortgage companies and only give mortgages to people that can afford them, and 7. America needs to build up a huge amount of wealth and give a bunch of it away. All of these steps will be implemented while using a national budget, where every dollar is on paper, on purpose and when there are zero dollars left, there is no more spending done. It seems that in the past couple of decades there is this attitude that capitalism is evil, saving money is selfish and money is overall evil.
People can still restate it; first, recognizing “how much trouble we’re [Americans] really in,” and then, the citizens can determine the sacrifice they have to make to stop the declining economy and help the United Stared has the standard of living it used to have (567). Also, Americans have to accept that the government is playing an important role in the declining of the American dream and for that reason Americans have “become a hapless, can-t do society, and it’s, frankly, embarrassing. Here, Herbert offers a clear solution to bring the (wanted) American dream back, saying to his audience that Americans need to start taking this in consideration. Nevertheless, he presents a hasty generalization when attributing most of the economy problems in US to the government because what makes every country has a good economy is not mainly its government, but its citizens and the desires to prosper; Cal Thomas in his article “Is the American Dream Over?” [A response’s article of “Hiding from Reality] believes that people who think the government can make their life better are “putting their faith in the wrong place” and “displaying cult-like faith, which can be never fulfilled.”(570) It is a more sense argument; even thought this author is using a flattery fallacy to persuade his audience, he is clearly stating that people who have the desire to achieve their dreams can really approach the