America or Bust

Topics: Federal government of the United States, Ford Motor Company, Economy of the United States Pages: 4 (1414 words) Published: February 25, 2013
Joe Miller
Position Essay

America or Bust
There are widespread speculations about America’s economic situation. Some people talk about it just to talk about it. But then there are the people who really know what they are talking about. Many things can be done to improve the conditions that the economy is facing right now in America. The genesis of all problems occurring in the American economy is Washington. America can get back on track by cutting government spending, lowering taxes, and by getting the middle class back on track.

Why is America facing a deficit year after year? The answer to this can be found anywhere. The government spends more and more every year on menial things. The congressmen and women serving in the two houses of congress are paid a lot more than they really should. A congressmen’s yearly salary adds up to nearly $200,000 dollars per year. It may seem like they work a lot, but only work for 137 calendar days per year. This is much less work being put in than someone working day labor at minimum wage. The officials in Washington also contribute to our deficit with war, social security and Medicare funding. Each American pays into social security from his or her paycheck to ensure that they will get something back in the future. This social security fund may expire in the future because America is running low on money and keeps entering red numbers year after year. People believe that social security and Medicare are entitlements, but they are more complex than that. Social security is about numbers and money, but Medicare is about the well being of one single person. Medicare is about who lives, who dies, and who ends up paying for it. The war in Afghanistan is costing America billions of dollars per day just to keep troops content with food and ammunition costs. The war on terrorism is still being fought overseas, and still has not come to an end after nearly ten full years. This is one of the biggest setbacks for the...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • america Essay
  • The Americas Essay
  • america Essay
  • America Essay
  • Bust of Athena Essay
  • Boom and Bust Essay
  • .COM Bust Essay
  • Utopia or Bust Essay

Become a StudyMode Member

Sign Up - It's Free