Essay by:
Maryam Sajid
Emporia State Univeristy

Money is getting tighter, unemployment is on the rise, and our national debt is in the double digits…in trillions of course. It comes to no surprise that we are in a recession. Some of us have no idea how we got to this point, but others are shaking their heads and wishing they were policy makers. But this is not just a problem for us, right now, in the present; this burden will be passed onto the next generation if we cannot fix the problem now.
How did we even let our debt get to this point? The two main causes are national debt and borrowing from other countries. In December of 2008, the wars in Iraq and Afghanistan cost United States tax payers about 1 trillion dollars. That’s twelve zeros (1,000,000,000,000)! Politicians in the past have foolishly lead the citizens of the U.S. in the dark about the real economic difficulties we now are dealing with. Our taxes are going to increase, social security may disappear for the elderly, and who knows what else.
What is done is done and there is no going back in time to make those critical decisions over again. But what we can do is educate ourselves on basic economics, and learn it well enough to then pass it on to the next person. We need to have U.S. companies provide jobs for people here. In that way, our economy will benefit because after earning money, citizens will turn around and most likely spend money locally. We will start having a booming economy again, as long as the businesses are sticking to modern ideas. The world calls for being ‘green’. Perhaps with the new presidential administration this will be possible. Maybe the government can even offer big corporations special incentives by providing jobs for U.S. citizens. Who wouldn’t mind a tax break here and there?




Re: What We Can Do

Maryam,

A general education in economics would certainly be beneficial to everyone. Additional jobs are also something that is definitely needed. By merely utilizing your plan, our economy, and many people, would be helped considerably.

-Amber Vanderhofe


Re: What We Can Do

You touched upon the two biggest components, Maryam: war and loans. You have great ideas, and I think if people started thinking outside the box like you, maybe we'd get something accomplished! Good work!
-Tiffany Humiston


Re: What We Can Do

Maryam,

Yes! Education in basic economics is essential for anyone to have a better grasp of how the world works financially! Through education, we can find more empowerment in people and act upon the problems at hand. Nice work, though you should elaborate a bit more on your subject matter!

-Ryan Wilson


Re: What We Can Do

Maryam,
Great job pointing out the causes of our nations debt. I agree that we cant spend our time now regreting the decisions already made, we must now just try and fix our situation for the present and future.
Raechel Lockhart


Re: What We Can Do

Maryam,
Great job pointing out the causes of our nations debt. I agree that we cant spend our time now regreting the decisions already made, we must now just try and fix our situation for the present and future.
Raechel Lockhart


Re: What We Can Do

Great essay! I definitely agree that being educated at least somewhat about the state of our economy is so important!!! Just like how debt started with someone not being able to pay someone, and then someone else can't pay the next person, and so on and so on, if one person is educated they can pass it on to someone else and then on from there. I believe that people having jobs is very important, but I feel like it is going to take more than people having a job and contributing to local businesses to fix the problem of our trillion dollar debt. However, it is a start.
-Jodi Herman


Re: What We Can Do

I really like your essay! You did a great job pointing out how serious this problem is and some of the consiquences it will, quite possibly, bring to our next generation.

Dell Jones


Re: What We Can Do

Your essay was easy to read and it pointed out the main points that we need to know about our debt. I think that it would help if everybody knew basic economics and became aware of how serious this debt actually is. Great essay....Miranda Meyer


Re: What We Can Do

Educating the U.S. citizens about the national debt and how it came to be is a great idea. If more people were informed they would be more likely to get involved in trying to correct the problem. You stated an awesome idea about U.S companies providing more jobs but now we need to come up with an idea on how they are going to be able to do that. Overall, great essay.
Adie Adkins


Re: What We Can Do

I really agree with what you say about "what's done is done"...no use crying about spilt milk, right? I agree that one of the best solutions is to educate people on the current situation and on how to prevent it from happening again. Right on! -DeZ


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