National Debt Growth :: Argumentative Economy Economics Papers

National Debt Growth I believe that the suppuration of the national debtcreates a problem that is great to be of littleconcern. I believe that todays genial programs be in big trouble, and just be not going to work in the future. For example, it seems to me the social securityis a dream program especially for the baby boomerswho can not persuade a small population of younger peopleto pay the bills. I also believe that that a lot of government services bollocks up silver in obvious and obsurd ways. For example, the F-117 stealth fightersthat cost five cardinal million dollars and dont liveup to the performance capabilities that were oringinally proposed. The government should reduce outgo and do what everyone else does on a slim budget and spend sole(prenominal) what is neccesary to survive and grow. I also cipher that we can no extended roll over debt since the national debt is growing faster than theeconomy. As a country I think that we command to look att he contingent and impossible commitments that we canmake, and take a look at where we are going to get themoney. The Treasury is all ready consideringborrowing money from social programs like the G-Fundand the Civil Service Retirement and Disablility Fund so the federal government wont default on its loanobligations. Although I dont think that it is good tocut from social programs, I do think that we need to decide if we want a national debt that cant be sustained and is naughty for investment or a socialsecurity system that force not be around anyway. I also think that social programs in the government needs to be simplified, and operate in a more efficient manner. It seems to me that collectingtaxes, and handing out expenditures to many differentprograms, a lot of which I probably dont know what they are. It takes a lot of clerical work to run theseprograms though, and the money seems to get filtered