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the debt

Title: the debt
Category: Law & Government / Government & Politics
Details: Words: 546 | Pages: 2.3 (approximately 235 words/page)


the debt

In the early days of our government debt was considered to be a last resort. The only justification for debt of any significant amount was a war. By 1849 the U.S. Government had accumulated a surplus of 70 Million Dollars. Immediately after the Civil War the debt stood at 3 Billion Dollars. By 1900 this had been reduced to under Billion. By 1919, the end of World War I, the debt had climbed to .5 Billion. In each of the …showed first 75 words of 546 total

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showed last 75 words of 546 total…and not just individual goals. I will be the first to admit that I am not an economist, and that I don’t know everything about the world ,but I do know that it can’t be as complicated as the politicians make it seem. I have given you the fact , and I have given you my simple opinion on what my generation must do to keep the American dream alive into the 21st.century.

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