Federalism In Usa

The US Government has a multi-tiered governing system, known as federalism. This governing system separates federal, state, and local governments, by power and level of authority, in particular the economy. The President and Congress have the federal economy, states have their own and within those states are local governments over towns and cities. This paper will take a look at the roles of federal, state, local government in the economy and the Presidential reasonability in the economy. Also, it will address the issue of the USA’s lack of economic sustainment and strategies to fixing it.
The federal government is in charge of printing money, creation and collection of taxes, money borrowing, regulating commerce between states, and international …show more content…
It produced and manufactured everything from beans to construction material. Now, the USA is a consumption nation. Requiring the help of imports from many countries, more so Mexico and China. “We are selling off our assets and taking on massive debts to sustain a standard of living we can no longer afford”, (Thomas Heffner). This ideology that the government has adopted over the past few decades has weakened the USA, has rendered the US dependent on foreign countries for production and financing. Leaving the US with vast indirectness and self-sufficiency on other nations. This can be stopped through a couple of changes to policy. First, work on new trade agreements and second, mange our …show more content…
It brings in new goods, ideas, and people, but trade is killing the American employment. Trade with countries that can do the same job, but for less than half of the cost to pay workers. This leaves the USA work force at a great disadvantage. The USA needs to change its globalization trade policies to require that, to trade with the USA you workers must be paid competitive wages to the US and work in safe, regulated places.
Market management is crucial to the US’s longevity. Like in trade we should require nations to adhere to certain standards, but if they don’t this leaves the us at a disadvantage. Per Thomas Heffner we have giving our market power away to the WORLD Trade Organization, which killed the US with “free trade” agreements like NAFTA and KORUS. These agreements took jobs and infrastructure overseas almost immediately. The US should make new agreements that protect the wealth and employees here. New agreements that require better working conditions and pay for courtiers we trade with and border consumption tax,