It is evident that our nation is currently eighteen trillion dollars in debt and that amount is rising. I wish there was a way to cut this deficit entirely, but that’s simply not feasible. However, there are certain actions we can take part in to help pick away at that number, lowering the national debt. Ultimately, stimulating job growth is our first major stepping stone and I’ll touch upon how we plan to do so a little later on. Switching gears a little bit, the first vital component of our economy in which we wish to cut is NASA, freeing up seventy-seven billion dollars. The one and really only major con is that the technical progress for our mission to Mars will be put on hold. We have other minor actions that will be taken, but the next action I want to touch upon is cutting other health care programs, giving us back one hundred and fifty-eight billion dollars. All this means is that the prices for medicare will be raised, but in the grand scheme of things it is not that big of an issue for the everyday American. Ultimately after all is said and done our deficit will be diminished to 5.97 trillion dollars. The final part of our mission is called the “Fifteen Penny Plan”. We are seeking to tax every American just fifteen cents every pay check. This will mean a loss of maybe five dollars for the average American every year, that’s maybe one less sandwich at Subway once every fifty-two weeks. What will that do for the economy? It will create over one billion dollars in revenue for big time companies like IBM, JP Morgan, and more, for them to provide paid internships to help those with college degrees become more motivated and ready for the work force.
Unemployment Rate:
Currently, the unemployment rate is around 5.4%, which is okay, but not great. Barack Obama has a plan, which is five steps to create new jobs. The first step is to reduce taxes for small businesses to assure that they can grow externally as well as have the ability to hire more employees. The next step involves public works programs where Obama is putting Americans back to work while “rebuilding” our nation. The third part of his plan is called Pathways Back To Work For Americans Looking For Jobs. This portion includes innovative work-based reforms to prevent layoffs and give states greater flexibility to use funds that will best support job-seekers. The following part is essentially tax relief for every American and American family. The final part of his five step plan is possibly the most important, it ensures that the other four steps are paid for. I am in full support of Obama’s five part plan and I arrange to continue his policies for the future.
Taxes:
I think this is a really important issue and I think we need to declare what it means to be a “wealthy” American in present day 2015. For starters, I do believe that those who make little to no money should not be taxed the same as those who do make enough to pay taxes comfortably, but what I fear is using that as an excuse to not work as hard and strive for making more income. On the flip side I do not believe it is right to tax the “wealthy” American more than everyone else. Today, having even a mean household income of somewhere around $200,000 is not enough to be taxing those families more. With the price of college the way it is and other expenses through the roof, it’s simply just not fair. I do believe those who make over $1,000,000 and are living large on their own behalf deserve to be taxed slightly more and make up for the lack of taxes paid by those living in poverty.
Outsourcing:
By definition, outsourcing is a practice used by different companies to reduce costs by transferring portions of work to outside suppliers rather than completing it internally. In other words, we are sending many Americans overseas to work and ultimately create cheaper products. Many argue that this idea is essentially unjust; sending our own citizens overseas is simply just not fair, and in addition they’re making less money. I do agree with many of these arguments and it would be great to keep our own people in America, but as a realist I just do not think this is feasible. We are over eighteen trillion dollars in debt and we need to do anything we can to keep that number from rising more and more. By keeping these “portions of work” internally, it would cost on average thirty percent more than sending work off to other areas like China, Peru and Indonesia.
Our Plans vs. Them:
Why are our plans for the American economy better than those introduced by our opponents? Well, ultimately my team consists of five realists. What I mean by this is we are not going to sugar coat the issues America is currently facing, they’re too severe. We have answers to slowly pick away at that high number of debt. We have answers to slowly lower the unemployment rate. Progress is progress, and I think that is what a lot of the other teams are yet to realize. We are not only gradually building a better economy for our present, but setting up a future of success for the presidents to follow.
Trust:
Our plan for the economy is stable, consists of minimal risk and ultimately will produce results. Our fifteen cent tax reform is guaranteed to produce revenue for industries that have the leverage to produce high paying jobs for those educated Americans with jobs. Is anyone really suffering from this plan? No. Our concept of maintaining outsourcing is not what everyone wants to hear, but it’s the only way to keep that current flow and ebb in today's market. By eliminating outsourcing we’re going to increase debt tremendously, be paying significant more for everyday products and much more. Finally, “SAIL”, our plan to decrease class size will have the biggest impact on students. At the same time, more unemployed educators are receiving jobs. How great is that?