http://politicsandgovernment.blog.my/2011/06/why-is-balancing-the-budget-more-important-than-full-employment/
The problem with the economy today is the big National Debt. The higher the debt the slower the economy grows. It is just like when we have huge credit card debt; we cannot go out or have fun because we have to pay the interest on the debt. Another problem with the economy is the money supply. As we print more money to support the economy, we make the chance of inflation greater. So now, we have high unemployment because the economy is not growing fast enough. The government is printing more money and adding to the debt to stimulate the economy. The only way we can cover this up by lowering the unemployment and help to grow the economy. We can do that by lowering taxes on Corporations, not the rich, but Corporations and allowing them to grow and hire more employees. The more people that are employed the more people can start building wealth and more people will be paying taxes.
I think we should consider shrinking the size of the government and balancing the budget so that we can start lowering the National Debt.
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