College Student

The United States have 12.1 trillion dollar of national debt this year. It has been increasing from 1970. The federal debt has never decreased. The problem will probably be carried over to the next generation. Now, we need to reconsider about it.

Will there be a light at the end of this crisis?

During our current recession, the federal government’s huge deficit has increasingly been under a microscope; however, the deficit should not be the most important concern. In my opinion, the increase in the deficit is to be expected and it is appropriate because of the actions the government has taken to try to turn around the economy.

Everyone in every town of every state is asking one question, “What are we going to do about the national crisis?” Everybody and their dog is freaking out because they fear we will be headed toward another Great Depression. It seems as though every time our government tries to bring our country out of debt, it only gets worse.

I know why America is not recession proof. It’s because we the people that make up America are not good stewards of our money. There has been an over whelming flux of “recession talk” the past couple years. However I believe that I am not a participant of the recession of America because I have positioned myself to not be affected by this nation’s situation.

Did they make a mistake when writing the Constitution?

The economy has suffered a massive deficit of over 3 trillion dollars on the last few years. The most logical task for getting our economy out of debt is to increase a tax and stop borrowing money from other countries. How many of you consumers notice the extra cents off the next whole dollar you don’t spend on every purchase?

As a non-traditional student from Japan, it would be easy to say to America, just follow Japan. However, Japan has many difficulties which are similar to the ones facing the United States. The fatal day of financial capitalism suddenly arrived on September 15, 2008. Lehman Brothers in the United States collapsed with it debt; this “Lehman’s shock” still startles the world.

In an egg farm, chickens that lay eggs are useful and help the business make a profit. Most chickens lose their ability consistently to lay eggs after about one year of life. This causes the company to have to pay more to feed it than it would gain from the sporadic eggs it might collect.