4 reasons why national deficiencies are harmful

4 reasons why national deficiencies are harmful

When politicians are part of a minority or non-power party, they often use a deficiency, excuse, or justification to fight certain programs that they reject! One of the most important tasks of managing public offices or polling stations that is best for people is a persistent deficit, untenable and unsustainable, irresponsible and can be harmful in the long run, the term! Why, while the Republican Party controls our three governments, are the same people the deficits if the opposition party oversees the executive agency? If no other American politician has completed this art, be hypocritical! In this sense, this article seeks to investigate, investigate, and briefly examine five reasons why the national deficit is a bad idea.

1. Public Trust: If a candidate, such as Donald Trump, arrives for irresponsible responsibility in the treatment of the economy, and if he is elected, President Trump and his political supporters do not seem to have ignored him to have tax legislation. Many then lose confidence in long-term vulnerabilities? Why do we believe that these elected officials who have spent the last eight years are against President Obama's agenda, stressing the need to avoid shortcomings, but now that they are trying to reach their agenda? personally and politically do they seem to make excuses and promises and say that they do not matter? Most people know that politicians often seek the truth, but have not gone too far.
2. Unbearable: The last time America had a balanced budget. It was in recent years, when President Bill Clinton was in office. Who does not remember Al Gore, who campaigned in 2000 to use a lock to protect social security? If individuals are to act responsibly in their personal budgets, what will happen if our government behaves differently, is responsible and / or sustainable? The current billions of dollars of deficit are certainly having long-term negative effects!

3. Debt Service: The longer our budgets are with these huge deficits, the greater the impact on the future. More and more revenue and public resources will be needed for debt servicing, which in the long run will hurt the entire economy.

4. International: The value of the dollar is affected by persistent large deficits for many reasons, but one of the most important is how others perceive the stability of our economy! Given that many components of the global economy are based on the US dollar, including pricing of commodities such as oil, etc., if we continue, this irresponsible approach to our economy will have a very significant impact. negative!

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