The economic policy of the U.S. is not only important to us but also to the rest of the world. The fact that our country spends so much more money worldwide than any other country is an important fact. We saw this effect recently when our economy had a crash that reverberated around the globe. We spend so much money supporting different companies through imports, that when we stop spending that money international business takes a nose dive. Our spending on travel and leisure is a large part of many country's GDP. The amount we provide in aid to many developing countries supports their growth. Our global impact tells the story of our importance in the global community. So why are we trying to suppress globalization? I believe it is mainly a form of control that we can exert over the rest of the world. U.S. corporations want to stay on top. They don't want the competition that would arise from international companies if they were given a larger share of the market. So again the power of the corporations exerts its control of our economy and thus their control of the world.
The economic policy of our country also plays a part in our day to day lives. The decisions that our government makes decide the amount of help that many citizens get. This is more important than ever right now. Congress and the President recently passed a budget proposal that would allow our government to stay "open" until the end of August. They are currently working on a budget for the year after that. The Republican controlled house is trying to cut spending in many different areas, including eliminating Medicare and Planned Parenthood. My concern with this is that they are attempting to eliminate things that affect us as citizens. I don't really understand why they don't cut cost somewhere else, like maybe in their salaries. In the past few years their has been a decrease in pork barrel spending but those costs still exist as well. Maybe it's time to get rid of those too. I also think it is a good idea to increase revenues. My extreme idea for this is to legalize marijuana and tax the hell out of it. If this is too extreme for the public then maybe we need to eliminate some of the tax cuts to the corporations and to the wealthy. These companies aren't going anywhere. If they decide to move to another country they lose huge benefits of being an American corporation. It also might be a good idea to eliminate the unnecessary bureaucracy. There are positions in our government that are a waste of money. I believe the President should sit down and (i'm sorry this eliminates some jobs) check the benefits against the costs of many government positions.
I guess my biggest problem with the recession that we're in is that so many people have good solutions, but our government doesn't care about the common man anymore. As said at the beginning, the corporations run our country and we need a change in the way government does business.
The economic policy of our country also plays a part in our day to day lives. The decisions that our government makes decide the amount of help that many citizens get. This is more important than ever right now. Congress and the President recently passed a budget proposal that would allow our government to stay "open" until the end of August. They are currently working on a budget for the year after that. The Republican controlled house is trying to cut spending in many different areas, including eliminating Medicare and Planned Parenthood. My concern with this is that they are attempting to eliminate things that affect us as citizens. I don't really understand why they don't cut cost somewhere else, like maybe in their salaries. In the past few years their has been a decrease in pork barrel spending but those costs still exist as well. Maybe it's time to get rid of those too. I also think it is a good idea to increase revenues. My extreme idea for this is to legalize marijuana and tax the hell out of it. If this is too extreme for the public then maybe we need to eliminate some of the tax cuts to the corporations and to the wealthy. These companies aren't going anywhere. If they decide to move to another country they lose huge benefits of being an American corporation. It also might be a good idea to eliminate the unnecessary bureaucracy. There are positions in our government that are a waste of money. I believe the President should sit down and (i'm sorry this eliminates some jobs) check the benefits against the costs of many government positions.
I guess my biggest problem with the recession that we're in is that so many people have good solutions, but our government doesn't care about the common man anymore. As said at the beginning, the corporations run our country and we need a change in the way government does business.
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