Tuesday, December 7, 2010

Reply National Debt Crisis

In response to the article “National Debt Crisis” written by author Zachary Waggoner it has key points on the United States national debt problem. In the article it discusses key points on ways to improve the debt. One point is to increase the age of the retirement age for Social Security to 69. I would say that I would have to disagree with this tactic because it would have a huge impact on me and future Americans requiring them to work longer. I would like to agree with the author on the point that officials are being scarred to make drastic decisions because they want to stay in office. In this world today if an official makes a drastic change it could have a huge impact on his future in office. I also agree that the Government is spending millions of dollars on certain projects that are piling up debt. These projects are wasting millions of U.S. dollars and taxpayer money. I do have to disagree with the author on the point that we need stronger leaders to improve our debt. I believe right now we have some of the strongest leaders in office right now trying to cut our debt down. Right now President Obama is trying to get a tax cut deal passed. I also disagree with inflation being a problem right now. If raising prices right now is able to help reduce the debt and then in a few reduce prices I believe it worth the price. In the end I believe the author had key issues that supported the problem of the National debt and listed many good ideas to help the nation reduce the problem.