United States public debt

spreading in the United States internationally was, the catastrophic collapse of stock market price in 1932 ever since then everything went downhill. In 1933, banks started to lose all their money and go downhill just like everything else. All this caused people to go homeless, go into debt, and become unemployed, (1, 6)“unemployment had risen to between 12 and 15 million workers, or 25-30 percent of the work force”. All this caused depression and loss of confidence in the United States…

The ubiquitous nature of public schools in modern America can make it hard to fathom that it took over a hundred years from our nation’s founding for the federal government to understand the importance of funding an adequate system for public education. Currently, in the United States, a portion of the taxes collected by federal and local governments is allocated to the free education every child between the ages of five and eighteen. The current laws that only require education to be free to…

order to analyze a primary document properly it is important to understand what the document contains and the intended audience of the document. The Kellogg-Briand Pact contains three articles outlining the conditions of the treaty. The first article states that the countries that sign the treaty do not agree to use war as a solution for international controversies and that they renounce war as an…

Thomas Jefferson: A Contentious Patriot In the mere beginnings of his presidency in 1801, Thomas Jefferson knew he was to live up to the expectations of the American public. Rumors were circulating that Spain would give up control of the strategic ports of New Orleans back to France, Jefferson feared this greatly. Fervently, the idea of Spain giving the ports back to the original owner of the French ensued to become more of a possibility, so with this the President took action which may…

colonization of Latin America, most of the nation's farm lands were overrun by weeds, buildings were destroyed, and left in shambles because of all the civil unrest. Poor farmers were constantly in debt to the rich landowners because they were paid so little and the necessities they needed were too expensive. This debt was passed down from generation to generation in a system known as peonage. Political instability was another widespread problem in 19th-century Latin America. Most of the Latin…

to start paying off his debt while living in very uncomfortable conditions. His college debt prevented him from being able to start his career after he graduated, acting as a chain on him from reaching his potential. His experience and the notoriety that…

world has seen this with tyrants, and in the United States with taxes. Taxes are how the government makes money to support programs such as welfare, Medicaid and running the military. The more the government cuts taxes the worse things become. Supply-side economics, also known as Reaganomics, now known as Trumponomics is and will be a failure. Although many Americans get excited about cutting taxes, it leads to a larger budget deficit and more national debt, tax cuts also do not pay for…

Bubble Story: Mortgage Securitization, the State, and the Global Financial Crisis, Alan Walks describes Canada’s experiences during and after the financial crisis. To do so, Walks outlines four broad objectives: cross-examine Canadian policy history, challenge Canadian exceptionalism propagated by mainstream media, evaluate the policies pursued by the Canadian government, and finally deduce the implications on Canada’s mortgage market and rising household debt. The purpose of this paper is to…

In article “As He Promotes it, Some Question Obama’s Free Community College Idea”, written by Joanne Jacobs, the proposition of free community college in America is met with some reasonable hesitation. While Barack Obama plans to give out free community college, students like Felipe Bezerra do not see the reason why President Obama would do this and disagrees with Obama’s plan stating that “‘Tuition shouldn’t be free’ for those who could afford it”, And frankly I agree with him. There are…

is Human Trafficking. Many people may think human trafficking does not occur in the United States. In contrast, human trafficking is happening right in our own “backyards”. Human trafficking can be classified into different types of trafficking such as, sex trafficking, labor trafficking and organ trafficking. Sex trafficking and labor trafficking are to be the most popular types of trafficking in the United States. In this research paper, I will be covering the different aspects of human…