Description
Please write one or two large paragraphs to describe your critical thoughts and reflections about watching the Movie. Specifically, how do you think about the growing size of the national debts? Why the U.S. has such huge debt burden? If we do not take action to address it, what will happen to this country? Given the three approaches to reducing the national debt in the reading of “A Citizens’ Solutions Guide to Federal Budget” (on blackboard), which one do you like best, and why? Please write a paragraph to justify your answer.
Video and article is attached
Explanation & Answer
Attached.
Public Agenda (Agenda, pp. 2-8) published an article titled “A Citizens Solution Guide: The
Federal Budget” claiming that the United States is an “enormous enterprise” that irresponsibly
spends more than realistically budgeted. The national debt is a publically held liability that fuels the
federal deficit, politician have more money to spend when citizen purchase federal treasury bonds.
The United States has such colossal debt burden because of the financially...
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