Balanced Budget essays

Balanced Budget essays Thomas Jefferson stated, "I place economy among the first and most important virtues, and public debt as the greatest of dangers. To preserve our independence, we must not let our rulers load us with perpetual debt" (Grinsburg 1). This quote illustrates the importance of maintaining a balanced budget; therefore, it is necessary to stand firmly resolved that the government should balance its budget. Three main arguments uphold this premise. They are as follows: 1. It is feasible for the government to balance the budget, 2. A budget deficit harms the United States through creating a trade deficit and increasing the national debt, 3. A balanced budget would benefit the United States by providing extra funds for social programs, tax cuts, and Argument 1: It is feasible for the government to balance its On of January 7, 1998, the U.S. Congressional Budget Office released a budget forecast that "shows the federal budget to be in effective balance, with a projected deficit of just $5 billion this year-a trivial percentage of an estimated $8.5 trillion gross domestic product" (Bartlett 8). The government was able to balance the budget without causing negative complications. This balance came absent of any significant tax increases and/or government cuts in spending. Because the United State's economy has been relatively productive in the past few years, the government was able to balance the budget through an increase in tax revenues. During this time the government was actually able to increase its spending somewhat, while the American people were free from additional tax burdens. In fact, according to the U.S. Treasury Department, "federal revenues are up 10.5% over the same period a year earlier, while spending is up only 3.8%" (Bartlett 6). Essentially, this shows that it is not only possible for the government to balance its budg...

Urban Immigrants essays

Urban Immigrants essays As cities and their problems grew quickly, the political environment changed. People called political machines came into the picture. They did welcome the new immigrants to the country, but their kindness did not go un-rewarded. The only people, who benefited from the outcome of political machines, were those who held a higher social status. The political bosses arose partly because of the sudden flow of immigrants into the country. Much of the government was unable to keep up with the needs of the people and thats where the political machines came in. They existed for two main reasons: money and power. The urban bosses did help a lot. They assisted immigrants with housing and jobs. They brought groceries to the families and even bailed family members out of jail. In exchange for their services, the political bosses expected loyalty from the people. They helped out the immigrants with one goal in mind; they mainly wanted their vote. If you wronged a political boss, they could kick you out of your home and even get you fired from your job. They treated the immigrants with kindness, but on a surface level. The government thought they were shady and soon went after the political machines and corruption in the cities. The Political Machines made sure the poor got what they needed. They also made sure that they got what they wanted in the process. Through bribes and illegal means, the political machines took over cities. Some argue that these politicians were corrupt; others say they were just providing a much needed service. ...

ICT (Information and Communication Technologies) and International Dissertation

ICT (Information and Communication Technologies) and International Trade in The Middle Eastern Developing Countries - Dissertation Example This is what this paper’s topic will all be about. This paper will explore the changes ICT has brought about thorough presentation of peer-reviewed literature that contained previous studies of researchers also about the same topics. It will also explore the digital divide existing in developing countries and how ICT has helped resolve this problem. It will also be discussing the status of ICT in three countries in the MENA region, namely, Saudi Arabia, United Arab Emirates and Dubai. This paper will show how ICT developed in these region and how it helped socially, politically and most importantly, economically. 2.2: Research Questions The research questions in this study are used as a guide to analyze the attractiveness of the Middle East countries as a market for international entry. The industry used in this dissertation is of the high tech information and communication technology. The digital divide and the importance of the distribution channel to the ICT industry are al so studied. The emerging and high growth nature of the Middle Eastern region has attracted small to very large ICT vendors from the world over. This paper will be guided by the following research questions: 2.4.1: What makes the Middle East an attractive destination for ICT vendors to set up sales and marketing ventures? 2.4.2: What is digital divide and how does it figure in the Middle Eastern region, particularly the developed and developing countries. 2.4.3: How ICT has changed the international trade of Middle Eastern developing countries. 2:3 Background of the Problem The fast development of ICTs served only to highlight other technological disparity complexities associated with it. This can happen to both developed and developing nations. It came to the attention of those concerned that such disparity may occur in a developed nation more than between developed and developing nations. Moreover, this disparity does not only pertain to internet and computer use but also other ICT forms such as mobile phones, landlines and even pagers. The awareness of this disparity led to yet another terminology that as of today is not widely used, i.e., â€Å"digital divide†. Digital divide has a broader meaning than simple â€Å"information gap†. This digital divide present in developed or developing countries, particularly those in the Middle East (ME) is going to be the focus of this paper. How ICT either solved or worsen this disparity problem in the ME region will be included in this paper. Likewise, the advantages and changes brought about by ICT to the nations experiencing digital divide in the ME will also be explored. The literature of 3 ME countries that enjoyed the development of ICT in their midst will also be given focus. CHAPTER 2 - LITERATURE REVIEW 2.1: Introduction This paper will make use of academic and peer viewed literature that corresponds to the main themes of digital divide and the ICT industry as applied to the Middle Eastern countri es with focus on three of them, namely Saudi Arabia, Dubai and UAE. The study is based on a qualitative research approach that strives to collect relevant information and data from different available secondary resources. The literature included in this chapter will