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United States World Debt

The national debt is rising at an alarming rate, and all Americans are in trouble. Although we hardly think about debt and the economy, we know that it is there.   As we look back over the past decade, it is fairly easy to point out that something has definitely changed.   Not only has the price of gasoline skyrocketed, but employment opportunities have drastically gone from "booming" to barely existing. Specifically, we are in jeopardy of permanently losing Social Security benefits and educational funding, while raising taxes for senior citizens, and lowering taxes for the wealthy in America.   It is a fact that our current president has put our nation in a situation that has taken 42 presidents and 224 years to build.   Currently our national debt is an excess of over $8.5 trillion dollars.   This is the most it has ever been in history.   A majority of America voted for George Bush because of promises he made to make our country better, but as you will soon learn, it was an irreprehensible mistake.
"Gasoline prices in the U.S. are at an all-time high and rising" according to Richard Leone.   He continues to add that it may surprise Americans to learn that in other countries, they've essentially remained steady. Experts have a lot of good reasons to explain why prices are going up at the moment: "unrest in the Middle East, gas-guzzling cars and greed among the oil producing nations". According to Mr. Allen Saxe, a political science professor at UTA " there is another culprit that is being ignored and is making the problem far, far worse in the U.S. Between the end of February 2002 and the end of February 2004, the price of oil in dollars rose by 51%. While remedies such as encouraging more efficient use of energy are good, they won't negate the fact that a declining U.S. dollar that's worth less in the international market is an important cause of oil prices. It may seem like a stretch to blame the price of oil on mismanagement, but the rising price of oil is closely...