Category: National Debt

The 2008-2009 Financial Crisis which is commonly known as the housing-bubble threw the United States but other international economies into a severe recession. The first crackle of this panic was the credit boom in mid-2007. This was all influenced based on the rapid growth in credit accompanied by unstrict standards and regulations. Following the credit…

This paper will address the numerous causes and effects of the United States National Debt, both on the US citizen, the US government, and the world. Firstly, however, a parallel must be made. Beginning in 2008, the Eurozone member nation of Greece entered a crippling and tumultuous economic downturn that has crippled its government and…

Our National Debt problem is the result of irresponsible governing and four types of deficits. The first deficit is a leadership deficit. Presidents in current times have been incapable of dealing with the deficit. A big drawback to dealing with it is the politicians fear of not getting reelection. Another deficit visible in our countrys…

There is a very delicate balance that needs to be upheld in order to prevent the US economy from collapsing completely. The countrys massive debt is a possibly fatal factor that could offset the fragile balance and plunge the nation into chaos. We need change that will make the lives of US citizens better. I…

We used to compare the Philippines, for instance, to an oriental pearl, coveted by colonists due to its rich resource, lush nature, and industrious people. Became a caged dovein time of Martial Law and fighting this we earned a title of sick man of Asia by early 1990 in Cory Aquino Administration. Then Fidel Ramos…

Many Americans feel threatened due to questionable job security brought on by economic issues and steadily building national debt. We have all heard the outrageous statistics of unemployment and the never ending battle of who is responsible for this in the first place. While some factors may play a major role in the reasons behind…