America’s Future
America is at a turning point. The deficit and debt in America is out of control and unsustainable. We can continue with the status quo of tax and spend ideas, anything can kick on the road, or we can take difficult decisions and America to look for a place in the world. America’s future is not brilliant, but with current policies and the direction to go, the White House.
America is not a pretty sight to the current policy. Our outstanding debt, as I am now writing the paper, at $ 14,194,788,320,729.55. It is slightly more than $ 14 billion. In other words, the share of each citizen of the U.S. debt is around $ 46,000. Three times under the current policy, the total public debt to the amount of business in 2050 instead. Our deficit to reach 22.2% of our gross domestic product in 2050 and government spending will exceed income by 5.4% of GDP over the next 35 years. These are just some of the gloom and doom statistics that paint a bleak picture for the future of America if the changes are not made.
The main driver of our deficit and debt is of course in social spending. Benefit spending eats about sixty percent of the total budget of America. It is 60 cents of every tax dollar up to three state programs! These programs are the source of the expenditure rates, which are simply not tenable. Social Security, Medicare and Medicaid is expected that the size of the whole government to achieve in fifty years. Without major changes in these programs, we can not make significant changes to the tax problems that America faces.
Most Americans work hard every day, so some time on the road, they may have their own chance at the American dream. If we as a country to continue on this path now, without making changes that the American dream a Fata Morgana is made every day. The American debt overwhelm the ability of future generations to success and prosperity. The tax rate is so high on the mountain of debt that almost every dollar we make goes to pay the provincial and federal government. There is a future that I do not want for myself or another generation.
The problems that we are not permanent. We are always in a time when they can be solved. However, our window of opportunity smaller every day. There are simple solutions to the reform of our rights, but the demagogues on the left side is doing everything they can to get these simple reforms. It is a fact that if the rights that we reform, they are insolvent. It’s crazy to me that even if everyone in Washington knows that there is a problem that they are still none of it. This is complete madness. We as a people must demand that our politicians forget their next election and instead focus on fixing the most pressing problems of our country’s budget.
Article Source: http://EzineArticles.com /6618112
- Israel, the Jews, and American Foreign Policy
- What is Political Science?
- Columbus Day Weekend: Top 10 things to do in NYC
- Local Politics – Possibilities, Impossibilities, and New Questions
- Michigan State’s Edwin Baker hopes to build on breakout game
- Permission-Based Email Marketing Fundamentals
- Obama Birth Fraud – Was He Born in Kenya?
- Avoiding Business Politics Can Derail Career Success
- Universal Thinking
- Hello world!
