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Free research papers and essays on topics related to: budget deficit

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  • Economics: Proposal To Cut The Budget Deficit - 426 words
    Economics: Proposal to Cut the Budget Deficit The federal budget is an explosive problem which if not acted upon soon, threatens to swallow the entire domestic income. I have placed together several decisions that create a minimal impact upon the economy, yet reduce the federal budget deficit by 2/3s. The aggregate demand curve ultimately will shift, not greatly, to the right as the economy is slightly increased throughout my proposal. To accomplish this feat, the plan to be presented to Congress in January will consist of many revenue increases and some spending increases and decreases. This plan will not decrease the entire deficit to a positive budget because the impacts of that kind of c ...
    Related: budget, budget deficit, deficit, federal budget, proposal
  • Us Budget Deficit Good Or Bad - 1,539 words
    U.S. Budget Deficit - Good or Bad? "Spending financed not by current tax receipts, but by borrowing or drawing upon past tax reserves." , Is it a good idea? Why does the U.S. run a deficit? Since 1980 the deficit has grown enormously. Some say its a bad thing, and predict impending doom, others say it is a safe and stable necessity to maintain a healthy economy. When the U.S. government came into existence and for about a 150 years thereafter the government managed to keep a balanced budget. The only times a budget deficit existed during these first 150 years were in times of war or other catastrophic events. The Government, for instance, generated deficits during the War of 1812, the recess ...
    Related: balanced budget, budget, budget deficit, deficit, good idea
  • Us Budget Deficit Good Or Bad - 1,539 words
    U.S. Budget Deficit - Good or Bad? Spending financed not by current tax receipts, but by borrowing or drawing upon past tax reserves. , Is it a good idea? Why does the U.S. run a deficit? Since 1980 the deficit has grown enormously. Some say its a bad thing, and predict impending doom, others say it is a safe and stable necessity to maintain a healthy economy. When the U.S. government came into existence and for about a 150 years thereafter the government managed to keep a balanced budget. The only times a budget deficit existed during these first 150 years were in times of war or other catastrophic events. The Government, for inezce, generated deficits during the War of 1812, the recession ...
    Related: balanced budget, budget, budget deficit, deficit, good idea
  • Spending Financed Not By Current Tax Receipts, But By - 1,531 words
    "Spending financed not by current tax receipts, but by borrowing or drawing upon past tax reserves." , Is it a good idea? Why does the U.S. run a deficit? Since 1980 the deficit has grown enormously. Some say its a bad thing, and predict impending doom, others say it is a safe and stable necessity to maintain a healthy economy. When the U.S. government came into existence and for about a 150 years thereafter the government managed to keep a balanced budget. The only times a budget deficit existed during these first 150 years were in times of war or other catastrophic events. The Government, for instance, generated deficits during the War of 1812, the recession of 1837, the Civil War, the dep ...
    Related: current state, current status, defense spending, federal spending, spending
  • Balanced Budget - 1,815 words
    Balanced Budget Balanced Budget Thomas Jefferson stated, I place economy among the first and most important virtues, and public debt as the greatest of dangers. To preserve our independence, we must not let our rulers load us with perpetual debt (Grinsburg 1). This quote illustrates the importance of maintaining a balanced budget; therefore, it is necessary to stand firmly resolved that the government should balance its budget. Three main arguments uphold this premise. They are as follows: 1. It is feasible for the government to balance the budget, 2. A budget deficit harms the United States through creating a trade deficit and increasing the national debt, 3. A balanced budget would benefit ...
    Related: balanced budget, budget, budget deficit, budget office, budget surplus, congressional budget, federal budget
  • Catherin The Great - 1,755 words
    ... ed remarkable results. Russia's primary exports were timber, hemp, flax, raw leather, furs, linen, cloth and iron. After the Treaty of Kyakhta was signed in 1768, camel caravans were soon passing to and from Manchuria. Russia exported furs, leather and linens to China, and imported cottons, silks, tobacco, silver and tea, among other commodities from China. As early as 1765 three quarters of the Empress Elizabeth's debt was repaid, and a budget deficit had been turned into a surplus. A decree issued by Catherine in 1764 to all governor-generals instructed them to take accurate census, map their provinces and report on agriculture and trade. They were to build and repair roads and bridges ...
    Related: catherine the great, peter the great, first person, domestic policy, resist
  • Chilean Economic Shock Therapy - 1,146 words
    Chilean Economic Shock Therapy Chile is seen to be the quintessential model of liberal restructuring in Latin America in the late twentieth century. After the overthrow of the socialist regime of Salvador Allende in 1973, Chiles government has implemented an authoritative economic restructuring program that replaced state intervention with market incentives and opened Chile to the global economy. This four-phase process transformed the economy from highly protective industrialized to an open free market economy based on agricultural exports. The process by which the Chilean economy was stabilized was termed shock therapy. Like other dramatic economic policy changes, the therapy caused the un ...
    Related: chilean, economic benefits, economic change, economic crisis, economic growth, economic policy, shock
  • Communism East Europe - 3,047 words
    Communism East Europe TITLE: Why did communism collapse in Eastern Europe? SUBJECT: European Studies B EDUCATION: First year university GRADE: first honour AUTHOR'S COMMENTS: I liked it. Interested to hear other people's comments. TUTOR'S COMMENTS: Well done!! Extremely informative. Well researched. Good Layout. Stress Gorbachev's role more. Communism is like Prohibition - its a good idea but it wont work (Will Rogers, 1927) (1) This essay will give a brief introduction to communism. It will then discuss the various factors which combined to bring about the collapse of Communism in Eastern Europe. It will examine each of these factors and evaluate the effect of each. Finally it will attempt ...
    Related: communism, east europe, east germany, eastern europe, western europe
  • Communism East Europe - 3,045 words
    Communism East Europe TITLE: Why did communism collapse in Eastern Europe? SUBJECT: European Studies B EDUCATION: First year university GRADE: first honour AUTHOR'S COMMENTS: I liked it. Interested to hear other people's comments. TUTOR'S COMMENTS: Well done!! Extremely informative. Well researched. Good Layout. Stress Gorbachev's role more. Communism is like Prohibition - its a good idea but it wont work (Will Rogers, 1927) (1) This essay will give a brief introduction to communism. It will then discuss the various factors which combined to bring about the collapse of Communism in Eastern Europe. It will examine each of these factors and evaluate the effect of each. Finally it will attempt ...
    Related: communism, east europe, east germany, eastern europe, western europe
  • Deficit Spending - 1,533 words
    Deficit Spending "Spending financed not by current tax receipts, but by borrowing or drawing upon past tax reserves." , Is it a good idea? Why does the U.S. run a deficit? Since 1980 the deficit has grown enormously. Some say its a bad thing, and predict impending doom, others say it is a safe and stable necessity to maintain a healthy economy. When the U.S. government came into existence and for about a 150 years thereafter the government managed to keep a balanced budget. The only times a budget deficit existed during these first 150 years were in times of war or other catastrophic events. The Government, for instance, generated deficits during the War of 1812, the recession of 1837, the C ...
    Related: budget deficit, defense spending, deficit, federal spending, spending
  • European Union - 792 words
    European Union In 1967, three European institutions merged. The three institutions were the European Coal and Steel Community (ECSC), the European Economic Community (EEC), and the European Atomic Energy Community (Euratom). When the three merged, they formed the European Community or EC. On November 1, 1993, the 12 members of the European Community ratified the Treaty on European Union, or Maastricht Treaty. The twelve members were- Belgium, Denmark, France, Germany, Great Britain, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain. The countries of the Benelux Economic Union- Belgium, the Netherlands, and Luxembourg- continue to and in some ways as a single economic e ...
    Related: economic union, european coal, european community, european currency, european economic, european union, monetary union
  • Federal Reserve Monetary Policy - 3,287 words
    Federal Reserve Monetary Policy If taxation without representation could rally the colonists against the British Crown in 1776, tight money and ruinous interest rates might be cause for populist revolt in our own day. Federal Reserve monetary policy also has severe social burdens, measured by huge changes in aggregate output, income, and employment. The imperious Fed, much like the English Crown two centuries ago, formulates and carries out its policy directives without democratic input, accountability, or redress. Not only has the Fed's monetary restraint at times deliberately pushed the economy into deep recession, with the attendant loss of millions of jobs, but also its impact on the str ...
    Related: economic policy, federal budget, federal funds, federal government, federal open market, federal open market committee, federal reserve
  • Federalism Poverty - 1,974 words
    Federalism & Poverty Many Americans believe that the federal government is too big, both in the number of agencies it directs and in the scope of its powers. Some people also think that the daily business of Capitol Hill has no effect on their lives, in part because they believe that politicians do not understand their problems. This dissatisfaction with Washington, D.C., in recent years has renewed debate over the division of power between federal and state and local governments. Federalism - the sharing of power between the states and the national government - has been a major issue throughout U.S. history. Thomas R. Dye defines federalism as "a division of power between two separate autho ...
    Related: federalism, new federalism, poverty, republican party, great society
  • Gambling, To Bet Money On The Outcome Of A Game, Contest, Or Other Event To Take A - 596 words
    Gambling, to bet money on the outcome of a game, contest, or other event. To take a risk in the hope of gaining an advantage; speculate. Gambling has many advantages as well as disadvantages. Children will be neglected and crime rates will increase. Nevertheless, aid in cutting the island's budget deficit and dropping the unemployment rate are just some of the examples that we can benefit from gambling. Should Casino gambling be legalized? That is the question that the people are pondering. There are many important reasons for opposing gambling because of its severe social consequences which ravage society. Gambling can get addictive and hurt people financially, emotionally, and yes, even p ...
    Related: outcome, casino gambling, food stamps, unemployment rate, tragedy
  • Lord Liverpool - 1,864 words
    Lord Liverpool How convincing is the argument that the year 1822 marked a turning point in the way Lord Liverpools government approached its domestic policy ? On the face of it , the year 1822 did mark a significant turning point in the way Lord Liverpools administration dealt with its domestic policy . The importance of the cabinet reshuffle after the imminent death of Lord Castlereagh in 1822 , and the perceived move toward Liberal Toryism following this date has been well documented by a number of early historians , including W.R Brock and Spencer Walpole. With the changes of 1821-3 Liverpool was able to gather round him a group of liberal minded men ready to take whatever opportunities ...
    Related: liverpool, prime minister, turning point, working class, parliamentary
  • Malaysian Country Analysis - 548 words
    Malaysian Country Analysis Malaysia A. Brief History In the first century AD, the Malayan peninsula was prominent in intl trade. Conquered by the Portuguese in 1511, then the Dutch in 1641. The British, who replaced the Dutch in 1795, developed large-scale productions of tin and rubber. The Japanese invaded Malaysia during WWII. Malaysia was formed after negotiating for independence from the British in September 16, 1963. B. Comparative Advantage (Early years up to pre-1980s) Natural Resources/Land - Malaysia has a total land area of 127,320 sq. mi. - abundance of sedimentary rocks such as limestone, shale, sandstone, and conglomerate. - Tin ore was Malaysias most important resource pr ...
    Related: malaysian, federal government, stock market, economic indicators, external
  • Mikhail Gorbachev - 1,199 words
    Mikhail Gorbachev One of the most dramatic and revolutionary changes in Russian history is the restriction of the consumption of alcohol. Mikhail Gorbachev instituted his anti-alcohol campaign on May 16, 1985 in order to decrease alcohol consumption by Soviet citizens and instead teach them the rewards of moderation. Some such rewards were a better life at home with their families, more advancement in their jobs, and better overall health. Although Gorbachev's anti-alcohol campaign was effective in generating some positive changes, it eventually failed, causing resentment toward the leadership, worsening health issues, creating illegal alcohol production markets, and increasing the budget de ...
    Related: gorbachev, mikhail, mikhail gorbachev, economic conditions, young boy
  • Polygyny - 1,616 words
    ... force. The senior wife is responsible for producing the agricultural wealth of the household, and if her warrior husband is absent or preoccupied for long periods of time, it is she who often functions as the effective head of household. Even though a husband may marry younger, more beautiful wives, he continues to regard his "big wife" with great respect and consideration (Rosaldo). In Mende, the head wife in a large polygynous household is given much religious as well as economic power. She organizes the agricultural work force, and stores and markets economic surpluses. Because of these roles, Mende head wives are seen as authority figures, and occasionally a chiefs head wife will suc ...
    Related: polygyny, american anthropologist, work force, public health, consideration
  • Retaining Staff Reducing Employee Turnover - 1,217 words
    Retaining Staff &Reducing Employee Turnover Introduction Employee turnover and the retention of valued employees are major problems facing business in the U.S. The average turnover rate is hovering at 15%. The costs associated with that turnover can be high - generally 25 percent of the individual's annual salary. Unemployment in the United States is at a 24-year low. Employee loyalty is down. Never before has it been so critical to focus on strategies for keeping good employees. However finding a solution to high turnover is not easy. One major incentive for retaining employees is the cost of turnover. Keeping good employees increases profits. Employee turnover is a direct drain on the bott ...
    Related: employee, employee compensation, employee loyalty, employee retention, employee turnover, high turnover, reducing
  • Russian Crisis - 1,566 words
    ... loyment problem, the decline in economic growth has set back attempts to reduce it. 3. High interest rates Another cause was the high interest rates which Russia was experiencing. For a critical period in 1998, Russian interest rates increased sharply as a sign of loss of investor confidence. In May 1998, interest rates on GKOs, that is Russian treasury bills used to finance government budget deficits, roughly doubled from 27.8% the month before, to 54.8%. They continued to climb and peaked at 135.3% in August 1998. Other critical interest rates also climbed to very high levels. The Russian Central Banks's refinancing rate spiked at 150% during the week of May 27 to June 4, 1998. While r ...
    Related: asian crisis, crisis, economic crisis, financial crisis, russian, russian government
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