A black guy is president. http://www.whitehouse.gov/infographics/u...
If the debt limit was $11.3 trillion when Bush left office and it is now hovering at $14.3 trillion, that means it increased a total of $3 trillion during the Obama administration or just a little less than 30%. Of course part of that $3 trillion increase was baked into the last budget that Bush signed. Over $800 billion was spent on the economic stimulus bill that Obama signed a third of which I believe consisted of tax cuts and credits designed to provide a supply-side stimulus designed to balance the Keynsian stimulus.
But a significant portion of the ensuing deficits have been a result of the same deficit drivers left over from the Bush administration which were unfunded tax cuts, two wars, Medicaid Part D and new borrowings to pay the interest on the ever growing national debt. The great recession, which occurred before Obama's presidency began, has accounted for a substantial drop in federal tax revenues and thus expanding budget deficits. So whoever you may think is most to blame for all or most of this mess, the fact is that until middle class hiring picks up dramatically because of robust private sector job creation there will continue to be insufficient consumer demand to really accelerate GDP growth.
We need to be focusing on growing the economy by developing sound policies that encourage capital investment and private sector job growth. That is the only way to get the American economy humming and generating more tax revenues organically. Individual and corporate reform which generates more tax revenues is necessary.
Health care entitlement reform is necessary too. Cutting spending that is duplicative or wasteful absolutely must be identified and eliminated as well. Other cuts or reductions of programs large and small may also be helpful, but they pale in comparison to the effect that sound policies intended to achieve full employment rapidly and to encourage capital investment in the American economy will do and they are not unrelated to smarter federal spending that will invigorate economic activity and generate more taxes organically apart from any tax code reform that may or may not occur in our lifetimes.
There are many pressing issues of national importance. The national debt is but one of them albeit a serous one that must be addressed. But policies that unabashedly promote capital investment, private sector job creation and economic growth will generate more tax revenues to pay our bills than anything else at this moment.
I can't find my reading glasses and I'm trying to watch Chelsea Handler too. So if I have made any mistakes, you have my sincerest apologies.
I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.