In your opinion, what is the most important economical issue facing the United States right now?
Based on my opinion, I strongly believe that the national debt itself is the most important economical issue facing the United States right now. It affects many aspects of people’s everyday lives whether its: personal needs, education, unemployment, etc. Since there are so many individuals in the country that are unemployed, it’s hard for them to attain what they need personally. The one’s that are being educated as a result to the debt, have less days of school, their teachers being “laid-off” which makes the students be in larger classes or having to adapt to new teachers, less school supplies such as text books and other important supplies they need. Also, those that are in college have hard time receiving financial aid or simply paying of their tuition. Therefore, they end up working part time or even full time; some even end up dropping out of school and just work instead because it’s just impossible for them to do both.
The national debt also means higher taxes which also affect individuals’ salaries and work advances. It makes them work fewer hours, have longer vacations (fewer days of work per year). This debt makes their loans increase dramatically some even higher then what their house is worth. This is what happens when taxes are not being used for public goods but on the other hand, as transfer payments. It reduces savings and investing as well. In general, the whole issue with the national debt is what is affecting our economy overall.
Alex – It’s true that the national debt is a very big issue plaguing our country. Is the national debt really the cause of cutbacks in education, unemployment, and foreclosures on homes? Or is the national debt the effect of the cutbacks in education, unemployment, and foreclosures on homes? You provide some good arguments and for the most part, they are well organized. Try to provide some specific details to support your arguments. For example, how are California state schools dealing with the cuts in the budget? How are state governments trying to deal with these cutbacks? Good start. Content 4; Organization 5; Total 27/36.
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