In such case, the now young generation will be faced with the disastrous outcomes of an uncontrolled federal debt.
Besides the negative impacts a large debt would have upon the economic and political backgrounds, the future generations ought to be concerned about the means of repaying the country's debts. As such, the next generations have two reasons for concern: facing the economic and political instability and ensuring sufficient profits to pay off the federal debt.
3) Debate on the federal debt
The debt debate revolves around the arguments in favor and against such an increased level of the government debt. The opinions vary based on the speakers' education, personal beliefs, priorities and interests.
For instance, those who prioritize national security and economic growth will agree with the colossal level of the national debts. They will state that the debt is necessary in order to insure a continuous flow of financial resources, vital for the development of new economic projects and consequently economic growth. Furthermore, the advocates of national security (such as the Bush administration) will point out that the population should not be concerned with the debt, as long as they feel safe within their country. In other words, national security comes first and, under no circumstances, should it be seconded by the intent to balance and pay the federal debt.
On the other hand, the advocates of political stability and sustainable...
Article III describes the judicial branch of government, including the Supreme Court. It establishes that there is one court, the Supreme Court, however Congress may create lower courts, although judgements and orders may be reviewed by the Supreme Court. The trials of all crimes, except those involving impeachment, shall be by jury and held in the state where the crimes were committed, but if not committed within a state, the
Cask of Amontillado to the U.S. National Debt Comparing the Symbolism in The Cask of Amontillado by E.A. Poe to the U.S. National Debt In The Cask of Amontillado, Edgar Allan Poe addresses a man who lures his friend down to a cellar with the promise of a fine wine and then walls him up and leaves him there because he feels the friend has wronged him (Poe's, 2003). Metaphorically, the
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