The recession is all over the news, and how it is changing how American’s think, act, and spend today. In a recent article in USA Today, the effect of the recent recession and strained economy is reaching everyone, and reshaping lives. The weak economy is restructuring what people have grown accustomed to in past decades. The dismal economy is having a profound effect on life in the United States; from delaying marriages and divorce to reducing car and home ownership, and private school enrollment (Recession reshapes life in USA, 2011). The recent downturn in the economy is wreaking havoc on the American standard of living and forcing more cutbacks into an already frugal lifestyle.
The amount of spending accumulated by our government in the course of a year is staggering, and despite our attempts to pay it off, our national debt is still increasing. If we continue down this road, disaster is inevitable. American government spending has increased steadily throughout our history. The Founding Fathers wanted to keep the federal government small, believing that a large government would quickly lead to tyranny. President
Our government controls the National Debt so that means they regulate and run every bit of money our Nation spends on whatever. The spending has gone out of control in the last 13 years, and most people think it is the presidents’ faults but they just simply agree with the deal that the rest of the government comes up with. When that happens, the already high debt number just jumps out of the roof and goes up even more. When Obama passed the new health care bill that added five trillion more dollars to the debt. Our own people in our country are contributing to the National Debt.
Many Americans found themselves very uphappy with the recent tax increases in 2013. They received their first check only to find it slightly lower then checks from the year before. There was a large outcry from the working class across America admonishing the current administration for further taxing the working middle class American public. The current administration estimates that universal healthcare will cost the United States over a trillion dollars over the next ten years. Many have safely assumed that this number could double, increasing a deficit on an already financially unstable government.
With poles shifting after each debate, it shows that debates have an effect on the candidates’ race to the top. Over the past decade, the economy has been on a steep downhill slope, creating a country full of debt and despair. Unemployment rates are high and prices are inflated. In the second Presidential Debate Obama used antistrophe when he stated that “Gov. Romney doesn’t have a five-point plan; he has a one-point plan.
As more and more families continue to fall below the official poverty line (which in 2005 was an estimated $19,971) the government feels a greater sense of urgency to fix this problem. With the inflation of everything, especially gas prices, it is getting harder and harder for families like the Flintstones to keep up with the Jetsons. The last that could be decided as a social issue has to do with my second social issue which is the economy. Sine the Bush administration has taken over the white house, the economy has not been very good in america. With most of all the U.S. funds going towards a worthless war in Iraq, americans have been feeling the heat of our poor economy.
We have already reached a pivotal point which was not projected until 2016. Each person who analyzes the causes may consider one cause more significant than the other, but each of these issues has contributed. The events and complications combined with the nation’s two-year recession, heaping debt, and growing unemployment have left a program that was in need of reforms, now in need of reforms so significant that its survival is impractical. Currently, we Americans are responsible for saving at least 60% of what will be required to retire comfortably. Considering Social Security’s ineffective reform options, Americans must take full responsibility for their retirement to secure a sound financial
Obama vs. Romney Obama vs. Romney The fight for building America upon itself compelling America into downward spiral is due to unnecessary actions that take place due to America’s money-hungry monopolies as well as the government. For money people it seems as though everyone who has money makes money, and the people that need money seem to need more every day. It seems that middle class people cannot seem to make a mortgage payment on time because gas prices are so high. The president of the United States needs to take a stand and change the money issues America is having. While both Barack Obama and Mitt Romney are family guys and in the running for becoming the president, Obama is a gentle caring man, who captures the hearts of Americans with his smile, whereas Mitt Romney is aggressive, and seems to always have to defend himself.
Samuel Guarino Mrs. Braniger English Composition 1 20 March 2015 Prohibition: Then and Now It will be forty four years in June since President Richard Nixon declared a “war on drugs,” identifying drug abuse as “public enemy number one.” A lot has changed over the course of these four decades in our society but our Federal Government is still fighting this losing battle that costs tax payers billions of dollars every year, a number that only continues to grow. Years from now our countrymen will look back on these days and see this “war on drugs” as the same failed experiment that the prohibition era was. Both prohibition of alcohol and the “war on drugs” have similar beginnings they were brought about by the urge of politicians to curb crime
A $10 billion fund to prevent foreclosures, funding for roads and bridges etc. Many things happened during the presidency, which were outright mishandled by the Government. “Cash for clunkers” completely ruined the used car market, sky rocketing the price of used vehicles, the utter collapse of the housing market, and unemployment rates skyrocketed. The Obama jobs act of 2011 was a total disaster. It was marketed towards the citizens of the United States as a tool to “put Americans back to work” without adding “a dime to the deficit”(Epstein, 2013).