The United States of America was created, on the basis of certain principles, freedom, and freedom, rights and obligations. Too often, we have witnessed elected officials, especially when running for office, resort to making empty promises and using an excessive amount of rhetoric, often focused on blaming and complaining, instead of viable solutions! An analysis of the promises made by politicians indicates that very few come to fruition! Party politics often complicate the achievement of priorities and needs/concerns, and we often see haphazard legislation enacted without true and realistic consideration of economic impacts. For this and many other reasons, we have witnessed a growing deficit in the US and budgets have been passed with staggering deficits. With that in mind, this article will attempt to consider, examine, and briefly discuss 4 basic options for our nation’s economy and budget, and the potential ramifications, etc.

1. Balanced budget: Politicians often promise a commitment to support balanced budgets, but seem to forget their promises once elected! The last time an American president openly and honestly expressed the need for responsible management of our economy was Jimmy Carter, 40 years ago. President Carter supported the concept and approach of zero-based budgeting, which meant fully examining and considering alternatives and options, rather than simply proceeding, in the same old ways! The last surplus occurred during the last years of the Bill Clinton administration. Today, under the administration of President Donald Trump, we are seeing our national budget and corresponding deficits increase dramatically! History students have observed that nations that run huge deficits, over any length of time, suffer!

two. Sustainable; in focus; important: President Trump’s focus seems to be on what he perceives as winning, rather than sustainable focused policies! He seems to ignore the long-term ramifications of many aspects of leadership and, this, his actions are often based more on populism than fiscal responsibility! It is important to realize, in the short term, Band-Aid, fixedare very different from responsible budgeting, etc.

3. Deficit: One should examine a nation’s debt, as a ratio and/or percentage, based on Gross National Product (GNP)! Under this president, our deficit and the amount of accumulated debt has grown to record levels!

Four. drip, vs. centered on the middle class: The trickle down economy has never worked successfully or lived up to the promises of its advocates! The best option, if one really wants it, to improve things for the middle class, as promised by the so-called tax reform, approved at the end of 2017, would be to focus much more on the middle class, instead of efficiently, serving the More rich!

It is a fundamental choice, whether to have a country that is relevant, prepared, sustainable and at the service of the common good, or one that prioritizes the widening of class divisions. When these deficits become unsustainable, the United States, in the long run, will probably suffer!

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