Teens don't care about the national debt

Presented by Z.Harris, A.Adams, E. Black

What some teens don't realize is that debt is weighing us down and will catch up with us in the future. Since September 30, 2013 the national debt has risen 1 trillion. The national debt rises $2.36 billion per day. Each citizen's share of the debt is $55,638.09. With the debt rising at such a rate, the taxes will be higher. There will be taxes for everything. The pay checks will be lower because the tax increases. All in all if we don't start taking dramatic steps in trying to turn the debt into a surplus, then future generations will have to pay for it.

How we are hurting

You may ask how are we hurting, our lives have not changed yet. But we are over 17 trillion dollars in debt. To get out of this debt it would take all of Bill Gates money times 247. Even if we did get out of debt what is keeping us from crawling right back in to that hole. A big problem with the Untied States is that we are in last in the world for trade deficit.

Even Elmo knows we are heading down the wrong path.

We have felt no difference

The government is currently 17 trillion dollars in debt, but for most of the country they feel no difference. Most likely it will effect our future and the youth of our country. As the debt keeps growing their has to be punishment, sometime in the future. So the future will have to pay it off and that looks like it will be kids of the generation now. As the debt keeps growing it will keep getting worse and worse for the youth to make up. We are using the youth as our credit cards. http://waronyouth.com/ is a web cite that is totally devoted to trying to help the cause of the youth paying it off. They claim politicians are stealing money from the youth.

The youth is who will be feeling the pain

What we need to do for a change

There are many different things we could do to fix the national debt. One way would be to tax every person in the United States $55,730. If that happened all of the debt would disappear. Another thing we could do is just stop funding as much money to medicare and Obamacare. By not supplying them money that was save us millions of dollars to put towards our debt. But the biggest thing is that we are too far in debt that I don't think we will ever be out of debt.

facts about the national debt

  • $55,730 for every person living in the U.S.
  • $144,878 for every household in the U.S.
  • 102% of the U.S. gross domestic product.
  • 536% of annual federal revenues.
  • Those are the numbers to for every american person, to help us get out of debt.

    U.S. households are now actually receiving more money directly from the U.S. government than they are paying to the government in taxes. The government is giving away too much money and we are not earning enough money to get us out of debt.

    Back in 1965, only one out of every 50 Americans was on Medicaid. Today, one out of every 6 Americans is on Medicaid. Medicaid in the United States is a social health care program for families and individuals with low income and resources. The Health Insurance Association of America describes Medicaid as a "government insurance program for persons of all ages whose income and resources are insufficient to pay for health care." Medicaid is the largest source of funding for medical and health-related services for people with low income in the United States. A staggering 48.5% of all Americans live in a household that receives some form of government benefits. Our government is helping people but hurting our country as a whole. I do not think all 48.5% of those people need benefits. Also some people receive too many benefits, that they do need deserve. If people make no effort to improve their own lives why does our government help them out.

    This shows the general public has to take fault

    Can there ever be a change

    If we do go through the miracle of getting out of debt, what is keeping us from going right back in to debt. As history has shown we managed to get out of debt but 100 years later we started the climb to our biggest ever national debt. Human nature these days is getting what you want when you want it. Therefore, it would seem as if we would keep going down the path of making our national debt worse and worse. Most people seem to not care to change. It would have to take something drastic to make the peoples mind change and change their lifestyle. Here by we will probably always stay in debt.

    Around 1840 we had zero debt but it only took several years to reverse that

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