This class is about you and your future. This blog will allow you to think about topics and how they relate to you. This site is for you to read, think, write and discuss your opinions and thoughts
Mrs Lisa Rowland: lrowland@middletowncityschools.com
Of course everything we are doing now will affect our future when it comes to retirement. Things such as war, taxes, and the presidential election are just some of the things that caused the federal budget to spike. The federal budget deficit for fiscal 2008 hit $455 billion, up from $162billion last year. And America has almost doubled its over all debut in only 8 years.
If we keep spending this amount of money on the war, the United States never will have a chance of getting out of this debt. This will be a burden on not only us when we become adults, but also, our children will be hit the hardest. The way this country has established its way of paying back the debt is out of control. They need to find a new of of doing it.
Yes this is a crisis. And soon someone should realize that money towards war and taxes just drives us deeper into debt. It will be extremely hard to overcome the debt in United States and like daniel said this is going to be a huge burden. What can we do? right?
It seems that this mess isn't clearing up as quickly as we'd hoped. Inevitably, it will be our generation's mess to take care of once we're tax-paying adults. Hopefully, the switch of presidents in Washington will lead to a brighter future for us economically.
The future right now is really hard to see, the current state of everything is very unpredictable. America has almost doubled its debt over the past few years. Money from the war and the money from taxes like Allyssa said is driving deeper into debt. However a lot is happening for our country, and anything can happen.
The economy's condition has increasingly worsened throughout the leadership of George W. Bush. With the deficit reaching $455 billion, it seems nearly impossible to pull ourselves back into economic stability. However, despite the war debts, tax cuts, and increased spending, hopefully the new leadership can make a difference for the upcoming years. Conditions will more than likely worsen before they can get better. The next couple years are going to be hard on everyone but hope for the future has surely come with the nation's decision in the 2008 election.
This is a problem, but no one wants to fix it. You cannot spend this much money and continue to cut taxes at the same time. For all of the entitlement programs, they will have to either raise the eligibility age, reduce benefits, or both. Or you would have to highly raise taxes. Hopefully, the bailouts will actually make some money later like the economists said it would.
We are in a big crisis right now. Since the start of the 21st century the U.S had 5.7 trillion dollars in total debt. We are up $162 billion since last year. Many things has caused this out rage from high gas prices, the wars, all the taxation, and the economy has all had a part of this. We need to get a move on things and get our stuff together.
We are in a big crisis right now. Since the start of the 21st century the U.S had 5.7 trillion dollars in total debt. We are up $162 billion since last year. Many things has caused this out rage from high gas prices, the wars, all the taxation, and the economy has all had a part of this. We need to get a move on things and get our stuff together.
the money that we keep wasting on the united states now such for wars and other things will effect us. we will never be able to earn back all of this money the united states will stay in debt. people need to start thinking about those things now before it gets any worse
I agree with daniel here, although i believe that even if the war stops completely, our debt will still never be paid off. we have ruined ourselves with excessive deficit spending.
11 comments:
Of course everything we are doing now will affect our future when it comes to retirement. Things such as war, taxes, and the presidential election are just some of the things that caused the federal budget to spike. The federal budget deficit for fiscal 2008 hit $455 billion, up from $162billion last year. And America has almost doubled its over all debut in only 8 years.
If we keep spending this amount of money on the war, the United States never will have a chance of getting out of this debt. This will be a burden on not only us when we become adults, but also, our children will be hit the hardest. The way this country has established its way of paying back the debt is out of control. They need to find a new of of doing it.
Yes this is a crisis. And soon someone should realize that money towards war and taxes just drives us deeper into debt. It will be extremely hard to overcome the debt in United States and like daniel said this is going to be a huge burden. What can we do? right?
It seems that this mess isn't clearing up as quickly as we'd hoped. Inevitably, it will be our generation's mess to take care of once we're tax-paying adults. Hopefully, the switch of presidents in Washington will lead to a brighter future for us economically.
The future right now is really hard to see, the current state of everything is very unpredictable. America has almost doubled its debt over the past few years. Money from the war and the money from taxes like Allyssa said is driving deeper into debt. However a lot is happening for our country, and anything can happen.
The economy's condition has increasingly worsened throughout the leadership of George W. Bush. With the deficit reaching $455 billion, it seems nearly impossible to pull ourselves back into economic stability. However, despite the war debts, tax cuts, and increased spending, hopefully the new leadership can make a difference for the upcoming years. Conditions will more than likely worsen before they can get better. The next couple years are going to be hard on everyone but hope for the future has surely come with the nation's decision in the 2008 election.
This is a problem, but no one wants to fix it. You cannot spend this much money and continue to cut taxes at the same time. For all of the entitlement programs, they will have to either raise the eligibility age, reduce benefits, or both. Or you would have to highly raise taxes. Hopefully, the bailouts will actually make some money later like the economists said it would.
We are in a big crisis right now. Since the start of the 21st century the U.S had 5.7 trillion dollars in total debt. We are up $162 billion since last year. Many things has caused this out rage from high gas prices, the wars, all the taxation, and the economy has all had a part of this. We need to get a move on things and get our stuff together.
We are in a big crisis right now. Since the start of the 21st century the U.S had 5.7 trillion dollars in total debt. We are up $162 billion since last year. Many things has caused this out rage from high gas prices, the wars, all the taxation, and the economy has all had a part of this. We need to get a move on things and get our stuff together.
the money that we keep wasting on the united states now such for wars and other things will effect us. we will never be able to earn back all of this money the united states will stay in debt. people need to start thinking about those things now before it gets any worse
I agree with daniel here, although i believe that even if the war stops completely, our debt will still never be paid off. we have ruined ourselves with excessive deficit spending.
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