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What is Happening in the United States?
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Essay by:Taylor Raleigh
Emporia State University
Currently the United States as well the entire world are facing difficulties. The United States is dealing with a huge debit built up over time, health care problems, social security insecurities and increasing tax rates. It is a scary knowing the country is in a recession and being compared to the great depression and the standard of living is decreasing. The United States has grown accustom to piling on the debit. For many years the government has been spending more money than they have been bringing in and then borrows money to cover the shortfall. Over time and with growing interest the United States has sunk the country into a ten trillion dollar debt. Taxes pay for many programs that citizens rely on and cutting taxes would mean these programs would have to be cut leaving many individuals in a world of hurt. The United States government needs to spend less on unnecessary items and leave social security up to individuals.
As the debit continues to grow none of the social security or health care problems are currently being taken care of. For our generation now, who have all been paying into social security could possibly never see that money again if something is not done. With budget cuts students may see scholarships not available or other financial aid money become unavailable. If school budget cuts continue children are definitely going to be affected. Inflation is making it impossible for some small businesses and even huge companies to stay open.
Tax rates are consistently rising, but where is the money going? Are all the tax increases really necessary if all the money was used wisely? Congress members try to bring benefits back to their state in any way possible. It does not even matter if it is an unnecessary museum or sod for the capital lawn. Pork barrel spending is out of control.
As a public policymaker, government advisor or an opinion columnist one solution would be to stop pork barrel spending and make decisions on what is really important for the country. Keep taxes where there at and use the money for the people who need it most.
Taxes do pay for many, many things most of us get some benefit from. I sure enjoy the nice roads and highways and the extra financial aid to cover part of my college tuition. Some people could not survive without the help of the government to help with things like food stamps, low income residences or health coverage for children. These are very important programs funded by the tax dollars of United States citizens.
Because taxes do pay for so many useful programs cutting taxes does not seem like a helpful option. Instead concentrate on what is really important instead of unnecessary items in stimulus packages or bailouts. The government spends billions bailing large corporations out, putting our country farther into debit and no one to bail the country out of their debit.
It does not seem right to have a uniform program when everyone makes drastically different salaries and requires extremely different care during retirement. Social security should become more of a personal responsibility. One solution for social security would be to stop automatically taking social security taxes out of everyone’s pay check and let each individual decide what they want to do with their retirement. This way people could decide for themselves how much they want to put into a retirement fund and they could go through a private company instead of using the government. With this option individuals could have complete control over their future and make their own decisions on how much to save for retirement. With this system people could stop paying into social security and stop worrying that they wore not going to get their social security benefits once they retire.
»A new report finds the main problem in getting the public to deal with our fiscal problems isn't opposition to tax increases or spending cuts -- it's their lack of trust in the government to spend their money wisely.