What About Here At Home? With America at the heels of its President, it is now time to strike. Against terrorists, yes, but that’s not what I’m talking about here. It is time for the government to strike here at home. To reinsure safety to its citizens is the primary goal for the government right now – safety from foreign attacks, but also economic safety. In order to do so, I am offering an idea so profound, so absurd, that many of you will not be able handle it.
What the government should do right now is cut taxes. Tremendously. But wait a minute. We are entering a war and you want us to cut taxes? It is detrimental that right now we restore faith in investing. It is necessary in order for our economy to maintain, to ensure the survival of slumping businesses. Becoming clearer is the fact that we are beginning a long battle against terrorism.
In other words, war has begun. One of the main reasons the U. S. economy was so gigantic from 1992-2000, was the absence of nuclear threat. Once the cold war ended, Americans had little fear of invasion. Simply put, Americans believed they would live longer.
Therefore, personal discount rates declined, unleashing unlimited room for investment, and subsequently long term decline of interest rates. Now, we again face fear of nuclear attack. While it is fine for the President to insist on our spending, investing, and carrying on lives in normality, it simply is not realistic. To retreat this fear we all have, words will not do justice, only actions.
The Essay on What Were America's Fears During The Cold War?
There were many fears of the Cold War that the American people feared in the aftermath of the Second World War, which is stated in Document A. The American people feared the Soviet for two reasons. One reason was why the American people feared the Soviet was because the Soviet had nuclear bombs. The other reason was that the Soviet was the first to put up an orbiting satellite, which was Sputnik. ...
If taxes are cut, across the board, citizens will have more to save, and equally more to invest. As far as businesses go, a tax cut would allow not only for more production, but also for more research, and a larger paycheck for you and I. A large tax cut would also allow for new businesses to start, something very unlikely at this time without. An example of this are oil and drilling companies. With much of our oil coming from Arab and Muslim states, the time has come to drift away from dependency. If we could isolate ourselves financially from Middle Eastern states, then we have less to lose by going to war with them.
The United States certainly isn’t the only country whose major supply of oil comes from the Middle East. In fact, most of the world looks to these unstable states for the majority of their oil. So, not only would drilling increase the ability for isolation, but it would bring in foreign investors, who also have growing inhibitions, but currently have no other alternative. Included is the idea that the United States may be able to exact a higher exporting price, without decreasing investors. It’s a long road ahead, and America needs to be dramatic, and drastic. A severe tax cut is just the beginning, but a prudent way to triumph over a pending economic disaster..
