Trillion

massive and that too much additional spending will force the US federal government to default on its credit payments and go bankrupt. However, this argument fails at several levels. First of all, the federal debt level is already increasing at one trillion dollars per year (“Historical Debt Outstanding - Annual 2000 - 2015”). The federal government has yet to go bankrupt, and nobody seems able to identify the point at which the government will be in too much debt. Spending already exceeds…

I believe in America. Here, Freedom rings, opinions run rapid and we are brave. That being said, in an ideal world there would most definitely be room for improvement. This country is not what our founding fathers envisioned two hundred twenty eight years ago. My vision for America would be complete equality, complete acceptance, and for everyone to be grateful for what they have, instead of worrying about what they do not. My vision for America includes that all education be mandatory, so our…

endured through four business bankruptcies, Trump has acquired more money than he had before the bankruptcies. According to the website usdebtclock.org, a site that records an entirety of America’s debts, America amassed a debt of almost nineteen trillion dollars, and because Trump had a personal financial redemption following setbacks, he can assist America with attaining economic redemption following the country’s tribulations. Another reason a citizen should vote for Trump because of his…

college students receive financial aid, yet they still resort to student loans. 1. Student aid costs the government $80 billion dollars a year. (Trade Schools, Colleges and Universities, n.d.). 2. The total student loan debt in 2015 made up $1.3 trillion dollars. (Trade Schools, Colleges and Universities, n.d.) (Transition: Without a doubt, student loan debt is a rising danger to the U.S. economy. Now let’s take a look as to how some countries benefit from having free tuition). Second Main…

The United States of America leads the world in the production of natural gas. President Obama stated that the economic future for America will be fueled in large part by vast amounts of natural gas in his 2012 State of the Union Address. What the President failed to mention is how the process of hydraulic fracturing is effecting not only our environment but the lives of everyday Americans. Currently the Marcellus play is the largest operational shale play operating in the United States. This…

several sectors, which are food, finance, clothing, tourism, media recreation, pharmaceuticals and cosmetics. (Sunny, 2016) In 2008, the global Halal industry was reported to be worth USD580 billion and in just four years, it has amounted to USD2.3 trillion in 2012. The biggest halal product segment, which is halal food, accounts for nearly 29 percent of total halal product trade that comes to about USD 661 billion or 16 percent of the world's food trade. (Hooi, 2012) . In the last few years,…

The Downfall of America “Americans are finally seeing and feeling the effects of the Affordable Care Act, also known as ‘Obamacare.’ People who voted for Obama and supported Obamacare wanted other people to pay for their health insurance. They are now discovering they are’ the other people.’” (“How Obamacare is…” 1-6). Obamacare is changing America day by day. The new face of America happened within a matter of seconds. Thirty four Democrats and all 178 Republicans voted against Obamacare, and…

that should California become an independent country, it stands to access three core benefits. The first one is not to pay federal debts. Evidence drawn from figures availed by Mike Patton, the U.S. debt is nearing $20 trillion at a time when the country’s GDP stands at $29 trillion (Patton 1). While the internationally recognized safe public debt rate is 60% of a country’s GDP, the US debt rate has been more than 80% of the country’s GDP (Trading Economics 1). Figure 1 shows the current U.S.…

Current energy methods are destroying what we need to survive: the planet we live on and the air we breathe. Centuries of burning fossil fuels, mainly coal, oil, and other natural gases, has led to massive increases of a greenhouse gas called carbon dioxide. The number one reason that carbon dioxide is being released is for the generation of electricity through the burning of fossil fuels. In order to reduce greenhouse gas emissions, we need to change the source of our energy. An alternate form…

compromising our economy, drawing attention away from domestic concerns, such as the outsourcing of jobs, substance abuse and the falling of cities. I find it truly horrifying that, Currently, the national debt in America has surmounted to more than 65 trillion and BRICs- (Brazil, Russia, India, China -South Africa is noted in some articles as well) are now the current leaders in terms of advancements in economic…