National Debt Growth :: Argumentative Economy Economics Papers

National Debt Growth I believe that the growth of the national debtcreates a problem that is commodious to be of littleconcern. I believe that todays accessible programs are in big trouble, and just are not going to work in the future. For example, it seems to me the social securityis a dream program especially for the baby boomerswho can not expect a small population of younger peopleto digest the bills. I also believe that that a lot of government services waste money in obvious and obsurd ways. For example, the F-117 stealth fightersthat cost five coke million dollars and dont liveup to the performance capabilities that were oringinally proposed. The government should reduce spending and do what everyone else does on a slim budget and spend only what is neccesary to function and grow. I also stand for that we can no longer roll over debt since the national debt is growing faster than theeconomy. As a country I think that we need to look atthe possible and impos sible commitments that we canmake, and take a look at where we are going to get themoney. The treasury is all ready consideringborrowing money from social programs like the G-Fundand the Civil Service Retirement and Disablility Fund so the federal government wont default on its loanobligations. Although I dont think that it is good tocut from social programs, I do think that we need to decide if we want a national debt that cant be sustained and is bad for investment or a socialsecurity system that might not be around anyway. I also think that social programs in the government needs to be simplified, and operate in a more efficient manner. It seems to me that collectingtaxes, and handing out expenditures to many differentprograms, a lot of which I probably dont know what they are. It takes a lot of clerical work to run theseprograms though, and the money seems to get filtered