Republican Plan Should be Vetoed :: Economy Economics Papers

Republican fancy Should be Vetoed I suppose that the Republican plan should bevetoed. I am againstthe resolution for the following reasons. One, the debt is too high as is, and cuts in smaller programs willnot dent this tremendous debt. Also, I commit that it is a concern to the economy. In the following paragraphs, Iwill elaborate. The national debt was 4.9 trillion dollars. This is definitely an unimaginable number for anyone tofathom. To add to this, it was recently passed to call forththe limit of the debt to 4.967 trillion dollars, justso the government would have tolerable to stay in operation.This democracy is not in constant bane of wars anymore, therefore, I dont see the reason why the national defence reactionshould go on high. To my recollection, the U.S. spendsmore on defense, than anything else. This should be theprogram to get cut, and not a program beneficial to societysuch as Medicare or welfare. We withdraw to turn away fromfunding the nucl ear missile to save this country some moneyOne last point on this section, pedagogics does NOT need to be touchedby federal cuts, unless the republicans enjoy being the least(prenominal) educated developed country in the world. The reason I believe that the debt is an issueto the economy is as follows. Its the word called swelling. As the debt increses, inflation growingsas well. Plus, with the raise on the debt limit, I fearthere will be yet another increase in inflation. Cuttingthe small programs would precipitate inflation, but it would happen at a slow rate. At the number 1 after all thecuts take place, concourse would fear spending and would increase savings. All, this would do is to stop the program of decreasing the debt. If, on the other hand. defense was cut, and money programs for Medicare, welfareand education were left alone, I believe that peoplewould increase their spending to a point of slightlydecreasing inflation as well, thus stimulating the