Implications of Federal Budget Deficits and the National Debt on the Future (Updated)

A few facts need to be presented at the onset of this paper: In 1980 the national debt was less than 1 trillion dollars. By the year 2000, twenty years later, the national debt was around 5.5 trillion dollars. The national debt doubled under the Bush administration from $5.5 trillion to $11 trillion dollars. During … Continue reading “Implications of Federal Budget Deficits and the National Debt on the Future (Updated)”

National Health Care Deliberations

There are about 47 million people living in the United States who do not have health insurance1.   Many ask why the U. S. does not provide universal heath care when some other less wealthy industrialized countries do.  The answer can be found by examining a number of factors including national spending priorities, affordability, desirability, and … Continue reading “National Health Care Deliberations”

Implications of Federal Budget Deficits and the National Debt on the Future

A few facts need to be presented at the onset of this paper: In 1980 the national debt was less than 1 trillion dollars. By the year 2000, twenty years later, the national debt was around 5.5 trillion dollars. The national debt doubled under the Bush administration from $5.5 trillion to $11 trillion dollars. During … Continue reading “Implications of Federal Budget Deficits and the National Debt on the Future”