Sunday, May 17, 2020

Misplaced Government Spending Essay - 1099 Words

Misplaced Government Spending I am proud to say that I live in America, the land of opportunity. I am proud to live in one of the richest countries in the world. I guess you could say that I am a proud American. What other government has a national budget of $2 trillion? People say money cant buy happiness, but I disagree. The reason people say money doesn?t buy happiness is because they are spending it on the wrong things. Of the $2 trillion at the government?s disposal, $355.4 billion is spent on the military every year. I know that our President must fight terrorism and wants to spend billions of dollars in order to keep American citizens safe; however I don?t think that spending almost a billion dollars a day on military defense is†¦show more content†¦Which means that these sources are paying around $658.8 billion dollars a year and the federal government contributes the other 10% (www.ed.gov). This includes expenditures not only from the Department of Education, but also from other federal agencies , including the Department of Health and Human Services Head Start program, which is a comprehensive child development program that serves children from birth to age 5, pregnant women, and their families. They are child-focused programs and have the overall goal of increasing the school readiness of young children in low-income families (http://www2.acf.dhhs.gov/programs/hsb), and the Department of Agricultures School Lunch Program which provides nutritionally balanced, low cost or free lunches to more than 25 million students each school day (http://www.fns.usda.gov/cnd/Lunch/ default.htm). When these are subtracted, the Department of Education is left with 6% of the total education spending. Which in turn is $55.8 billion dollars and 2.7% of the federal governments budget of $2 trillion. Despite this large amount of money spent on the American education system, it is still not a reflection its quality. Perhaps if the government were to trim the fat on their national defense budget which will reach $451 billion by 2007, there might be hope for the education system in our country. Instead of spendingShow MoreRelatedThe United Kingdoms Spilt And How It Affects Their Gdp1773 Words   |  8 PagesThe United Kingdom’s Spilt and how it affects their GDP It is the responsibility of every government to defend its citizens in all matters when it comes to maintaining the economy. Every economy comes against different challenges including the business cycles that may stem from the world market. In this essay I will try to explain the actions taken by the United Kingdoms’ union government in trying to make sure that the economy profits from all citizens and reduce the whole load to it. I will considerRead MoreThe Debt Crisis Of The American Nation And All Around The World1476 Words   |  6 PagesIn the American nation and all around the world, the spending is increasing and the revenues of the households are falling (Truth, 2010). It was noticed in the year 2010 that the spending was about 24 percent of the Gross Domestic Product (GDP) hence this has made the federal budget to increase drastically from 33 percent to 62 percent in the year 2010. Therefore, another reason for the â€Å"debt crisis† is because of the federal spending which is projected to increase at a father rather than the rateRead MoreThe Health Care Crisis and What to Do About It1342 Words   |  6 Pagesis used in treating some of these diseases and there is no guarantee that the disease will be totally suppressed. The private sector spends more on health care and the government provides funds in enhancing the health sector. The aspect of spending more in health than in food triggers massive debate. The U.S. sees exorbitant spending on health care is an indicator of growth. Why not invest more in the food industry and spend more on the most nutritious diets? With this, you not only preventRead MoreMilitary Industrial Complex ( Mic )902 Words   |  4 PagesStates. In his farewell speech to the public, Eisenhower warned that this great complex that has been created carries great implications, and that though it may be necessary, the nation must be careful not to let it get out of control and have power misplaced. The Military Industrial Complex is the interweaving of the military with industries and corporations, and after the 9/11 attacks it greatly influenced the ready support for the war in Iraq. The United States after World War II was beginning toRead MoreBan On Tobacco Advertisements By The Government Of India864 Words   |  4 PagesBan on Tobacco Ads by the Government of India A Case Study 1. A summary of the arguments in favor of the ban on tobacco advertising. The arguments in favor of the government banning tobacco advertising generally begins with the belief that the government has the right to intervene in the best interest of its citizens. The banning of cocaine, which is generally seen as worldwide, is often used as an example of this. Public health is often the motive that is cited when countries such as Belgium andRead MoreEconomic Problem in the Philippines1582 Words   |  7 Pagesattention has to be paid to addressing to the internal problems of the economy and enhancing domestic-oriented growth. A policy of removing structural impediments to growth has to be adopted with lesser focus on foreign investors and exporters. 2. Misplaced Fiscal Austerity Practicing fiscal austerity just to get favorable credit ratings can be counterproductive. The Aquino administration, in 2011, pursued fiscal austerity and spent 2.1% less in the first 11 months than it did in the same periodRead MoreDecline in America 1437 Words   |  6 Pagesthat the Federal government has not been investing nearly enough in research and development, big corporations are more concerned with a quick buck than with spending time researching the next big thing, and that the â€Å"quality of education in math and science in elementary and high schools [is] plummet[ing]† (Lemonick 465). Lemonick is right on all three points. Although some might argue that the government should not be investing in new technology, there are ways for the government to create incentivesRead MoreHow Social Networking Can Be A Great Opportunity?1163 Words   |  5 Pagesnetworking can be a great thing because it allows people to connect with their families and friends all over the world. Moreover, in recent years, there is no doubt that many people are spending more and more time online, especially teens do not seem to care about their privacy as much as adults. People, spending time online with both positive and negative consequences. The more people are posting and telling others about their personal life, they are just harming their selves because they are openingRead MoreU.s. Foreign Trade Agreements1394 Words   |  6 Pagesstate-owned firms that had been previously expropriated, particularly the banks. The issue with the bank privatization, however, was that the expropriated ass ets needed a willing buyer, and investors were generally reluctant to buy a bank from a government that had seized it less than a decade before – especially at a high price – because of the fear of yet another expropriation. Nevertheless, many bankers were willing to pay up to three times the banks’ book values in a purchase due to the PRIRead MoreEffects Of Loans On Students By Suzanne Mettler1410 Words   |  6 Pagesthat doesn’t give them a chance to succeed. Mettler addresses this topic in her book, â€Å"Degrees of Inequality: How the Politics of Higher Education Sabotaged the American Dream.† She analyzes the relationship between money and politics, greed, and misplaced priorities, and how education produces more inequality amongst students from different economic levels (HU, 2015). In a dysfunctional system, something is wrong because eleven countries surpass the United States in the number of students graduating

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.