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The National Debt
Beginning of essay
For the past centuries, the american people dug themselves into a big
hole which is . In this paper I will discuss the history of
, effects on the debt/deficit, wais to reduce it and control
the deficit. has increased every year from 1945 to 1995. The
biggest increase of the debt was from the y ....
Middle of essay
....redit spree. A credit spree in my opinion is when we go out and buy everything,
but we put in on a charge (spending money we dont have.) The government cut
taxes and increased spending. The deficit exploded, but the american people
were happy using a credit card and charging everything. Republicans began using
accounts about “supply side” and “trickle down” economics. “Corporate welfare
prospered again, financed by more debt. “Between the years 1980 and 1990, the
national debt quadrupled. .... |
| Number of words: 484 |
Approximate pages: 2 |
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