Essay About U. S. Economy And U.S

After Watching Iousa the Movie, How Do You Feel? What Questions Does This Film Leave with You?
Essay Preview: After Watching Iousa the Movie, How Do You Feel? What Questions Does This Film Leave with You?
Report this essay
Dilip ShresthaBTM101 (introduction Of Business)Professor: Santo TrapaniHW2:  IOUSA the movie comment September 29, 2015After watching IOUSA the movie, how do you feel?  What questions does this film leave with you?  It is about U. S. economy has major problem is Trade Deficit. We have more expenses than the Revenue. As a Result National Budget has negative balance. Total Federal Government Debt in 2015. At the end of FY 2015 the gross US federal government debt is estimated to be $18.6 trillion, according to the FY16 Federal Budget. It is increasing day by day. U.S is facing four major deficits 1) budget, 2) saving, 3) balance and payment4) a leadership budget deficits .Federal debt is up and down compared to many years. In 1835 U.S federal debt was $0.00. It was the only time in American history. In 1861-1865 debt passes $1 billion dollar for the first time in U.S history. At that civil war happened and federal debt was around 27% of GDP. World War I (1917-919) growing U.S economy allows greater debt level. It was around 35% Of GDP. Great Depression Year Begins 1929-1939. U.S economy debt around 44% of the GDP. When President Bill Clinton did a lot of budget balance. It was $4 trillion federal debt in 1992. Clinton Economic team realized that tax cuts were too expensive. 9/11 happened, military budget is dramatically high. Personal saving rate is decreasing day by day in U.S. It is also major problem of U.S economy. They spent more money than they have their income. Americans must saving for their better future and better invest those money for better future and for the U.S country.  Another problem is trade deficit. U.S is the largest importer of goods and services in the world and it exports goods and service less than it imports. Trade Deficit an economic measure of a negative balance of trade in which a countrys imports exceeds its exports. As a Result Federal government borrow money from people, and from other countries too such as Japan, China. One major problem is leadership deficit when terrorist attacked on 9/11/2001 into the U.S. War in Afghanistan and Iraq spent billions of dollar. In 2007 $8.7 trillion dollar federal debt because of those wars.real solution, use that borrowed money to increase military. When banks and foreign entities come to collect, blow them up instead of paying them back or just point the missiles at them and say, “What money?” See, the only way banks can collect money from you is because the coercive power of the state backs them up. If you refuse, they can send the cops after you. If you resist the cops, theyll send swat, then National Guard, etc until youre apprehended, killed, or victorious. However, on a global scale if someone like, say, china tries to collect the debt and we refused, what higher military authority could intercede and force America to pay? Imagine on a small scale in lets say the wild west, you borrow a gun salesman his one and only gun and bullets and promise to pay back with interest. When the gun salesman comes to ask for the money, instead of paying him, you threaten him with the gun you borrowed. The power of coercion and strength of arms is the last line of authority. People tend to value their own lives over money owed to them, so. basically…. you want to collect, China?. In fact money is just a tool for the banks, politicians, corporate leaders to keep humanity under control. To use this tool for their own interests to drown millions of people into it and keeps us in modern slavery. Do money really affects your real existence? Cant you live without that tool that infects all aspects of our life? It is the real retainer of our true existence in life thats makes us a whole. MONEY JUST CREATED SEPARATION, INEQUALITY, RACISM, PREJUDICE, HATRED, IT TURNS AGAINST EACH OTHER AND FORGET YOU TO HOW TO BE A HUMAN. It is the real causer of world problems in cooperation with the politicians, governments, banks and the list goes on. THESE THINGS ARE THE REAL ENEMIES OF HUMANITY. I dont want to live you in war, inequality, hatred. I want to live with you in joy, happiness, freedom. I dont care if you black, white, tall, small, bold etc,,, I do care about you because you people are the most important thing in my life, you people who can make me a better a person.. Also I have another idea to solve these problems he US doesnt have a budget problem! It has a revenue problem! The US just doesnt tax nearly enough! Especially at the top of the income scale! The solution is so simple! Just raise the taxes on the richest people, and borrow more! The interest rate is still very low! With the money you borrowed you can massively invest in infrastructure! The return of that investment is more than enough to repay the debt! We must free from war and we have to attract the many companies to manufacture the products in U.S create more jobs and give priority for Made in U.S products. It helps to export more than the import.  We must away from war. We must reduce military budget in our Country U.S.