Based on the recent assignments about Federal Taxation [excise, estate, capital gains and tariffs] Federal Fiscal/Budget policy [taxes, revenue and expenditures] answer the following using examples and details from what you learned:
Why does the U.S. Federal government have to make wise budget decisions?
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I think that they have to make wise budget decisions so that they don't send the economy into a deficit situation.
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ReplyDeleteOur government must make good budget decisions to keep balance in our society. We are already in debt as a nation and in order to pay back the money we owe and continue to advance as every other country does, our leaders must make wise choices concerning our budget. It is also important that oru decisions allow us to keep government assistance and aid, and if we don't make the right choices we won't have the money to help our citizens in need.
ReplyDeleteI think the government has to make wise decision with the money budget so the Country don't get more in debt. I think that is why the contry's in debt now. There is more money going out then coming in. With taxing they have to get the money in to pay for the billions of dollars going out.
ReplyDeleteThe government has to make wise decisions because their decisions could send us into a really bad situation. For example, right now we are in trouble since we are so deeply in debt! We spend a lot more money then we bring in, thats why it is so important for our government to make good choices, so that we don't get into worst trouble then we are in already. Right now we have to work on getting out of debt, so we have to try to make the best decisions possible.
ReplyDeleteThe government must make wise budget decisions because their decisions could influence our economy greatly. For example, some of the decisions they have made so far were not very good ones. Our ecomomy is in great debt as of now. It is also important that their decisions allow us to keep government assistance and aid programs, and if they don't make the right decision, we won't have the money to help our citizens in need.
ReplyDeleteThe government has to make wise decisions because chaos would break out if our government made poor decisions. America has SO much money right now, and the only way we obtained that money was through making wise decisions in the first place. Even though people now a days thinks our government is bad, just think, we take in roughly 6 trillion dollars a year. That's $6,000,000,000,000!! Granted we lose more than we take in causing a deficit. Anyways, all I am saying is that of course we have to make wise decisions. If we didn't, they might as well call us Afghanistan.
ReplyDeleteThe government must make good budget decisions because it takes in so much money (roughly 6 trillion) that we need a budget to let the government know where all the money needs to go. Even though America is in dept, it is taking in money from taxes, and paying off the depts slowing. So in the end, a budget is necessary because without a plan, we would end up in even worse dept that we are now.
ReplyDeleteWise budget decisions made by the U.S. Federal government are very important. The decisions that the government makes, are very important to our economy. As of now, this countries debt is outrageous. Our debt is so terrible because of poor financial decisions made by the government. This country spends more money than it brings in which is why we are in so much debt. Good financial decisions could help us to get out of this debt.
ReplyDeleteThe goverment has to make good decisions because if we dont make decisions on our budget then we will be in more of a finiacial crisis than we already are. Also the United States has 6 trillion caming in money wise and we have 6 trillion and 65 billion dollars coming out. So we are losing 65 billion dollars. So we are in a finiacial crisis right now and the unemplyment rate gets going up. So the United States has to make good finical decisions so that we dont get in more of a finical crisis that we alreday are in.
ReplyDeleteGood budget decisions are very essential for our Country. Our economy depends on the decisions the United States Federal government makes. We are in great debt as it is which means the government didn’t make very good decisions in the first place. The government is spending way more money than is coming in. This is why it is so important to make wise budget decisions. We need to try to make the best decisions possible.
ReplyDeleteThe government must make good decisions because if they don't the economy would be much worse then it already is. For example our country is already in debt, so if they make the wrong decision and spend to much money we will be in more debt then we already are. The government needs to make good decisions so we don't lose money and become a better country to live in.
ReplyDeleteThe U.S. Federal has to wise decisions when it comes to the money because if they dont watch out we will be in great debt. As we done in are pie charts we seen that we had more money going out then coming in thats BAD!!!
ReplyDeleteThe government has to make good decisions because the people of America's lives are base on their decisions. For example if we went into a war we would have to pay more taxes on the military supplies. Also if we go more in deat we would also have to more taxes to pay off our payments. The government spends more money then we pay so we a in a lot of deat. That we have to pay back to the China and other Asian country.
ReplyDeleteOur government must make wise budget decisions now to keep our country from going into an even worse finacial crisis. As of now America is trillions of dollars in dept due to poor budget decisions in the past. Programs such as medicade and many others are greatly depended on in America. So I believe that maybe cuts should be made in other areas of America's budget to more benifit us.
ReplyDeletethe government must make good budget so that the country will keep from going into more debt than we already are in. If the government was stupid with our budgets then our country will be in tremendous debt and our economy will fall apart. It is essential for our businesses, schools, and everywhere to be smart with their financials or they will fall apart and that is what will happen and is happening to our country. This country needs to get out of debt and be smart with our financial business
ReplyDeleteI think the government has to make wise budget decisions to keep our country from going even further into debt and worsening the economy. If the country continues to go into debt then even more people will lose jobs and that will make more people depend on social security checks and welfare. If more people depend on our welfare system then the country's debt will increase, resulting in people spending less money on necessities thus forcing businesses to close and more job loss. On the other hand if the government began to make better decisions on what they spent the country's money on more people would get jobs and less people would depend on welfare and less money would be used. So basically the monetary welfare and economic welfare of our country depends on how well the government handles America's money.
ReplyDeletethe government has to make wise budget decisions because they have to make shure monesy is distrubted ware it is needed most. If unwise budget decisisons are made money would be wasted on pointless things and we would fall into debt faster (not that Obama is doing a good job about stoping it now)
ReplyDelete--Brandon Rubeck
well the government must make good decisions because they are already in big money prblems and if they continue to make bad decisions, they will continue to fall into a even bigger defisate. Also they need to make decisions that benifit themselves as well as the citizens of the U.S. So the goverment needs to work hard to make good decisions that will make todays america as strong as it possibly can be.
ReplyDeleteOur government need to make good financing decisions because if we don’t our economy will get even worst, we need to make good decisions so we have money for when we need it, like if we have a natural disaster well need money to fix things and we need it to keep our nation running, like schools, rode work, and medical work , because nothing in life is free as much as some would like to believe.
ReplyDeleteThe government has to make wise desicions for America because if we dont have money, America would collapse. If we had a great budget we would have a lot more better jobs for citizens and their would be a better flow of monet throughout America. Right now we are in a lot of debt and we owe a lot of people money, thats why are eonmy is not so great right now. This is why America should have a strong economy.
ReplyDeleteAs of today, the United States Of America is THE only country in the world that have a trillion dollars worth of debt. Most of our money goes over seas to help with the war effort, but we also have to pay for people who are too lazy to work (Social Security), health care, building of new road systems and structures etc. The leaders we vote in to make most of the decisions for us probaly catch the most criticism over financial choices they make. In this world, 95% of the people care about money the most because that's what it takes to survive. Not everybody is a Bill Gates who can wake up every morning and spend as much money as he wants. We have to live on a budget and if one of our leaders like the president, makes one financial mistake, the entire country could go down the drain and would be owned by a place like China in the blink of an eye. The people need to be smart about who they vote in to take office cause if you think about it, they have our country in the palm of their hands.
ReplyDeleteWell obvioously our country hasn't made wise decisions that's the reason our country is in a giant financial hole. The country needs to make good financial decisions so taxes won't have to be made huge and that we won't have citizens worrying if they pay a bill if they'll have enough to feed their family for supper. It all comes back to the people, they are effected the most because the government decided to blow money on something unimportant.
ReplyDeleteSo the government dont waste the US citizens money on dumb things that we dont even need.
ReplyDeleteI think they should make wise budget decisions, so they don't get our country in more debt than it all ready is. Also to keep our country in as good as shape as they can. Also they need to make good decisions so that America can be a strong country!!
ReplyDeleteOur nation is so deep in debt that if the U.S. Federal government is not wise with budget decisions, our nation will fall apart. Not only will the U.S. get deeper in debt, the citizens will also be displeased because the debt will cause taxes to be raised to pay it off. A tax such as the estate tax is an example of a tax placed on money being passed down from family generation to generation. The government places a tax on an inheritance because they do not want the wealth to be passed on. Another reason they have this tax is to get more money to pay off the U.S. debt. So it is important for the U.S to make good financial decisions because as a nation we should be trying to stay out of debt; not get deeper into it and not take stupid financial decisions out on the citizens with taxes.
ReplyDeleteThe U.S. Federal Government needs to make good decisions so our budget want be in a financial crisis. Our country is already real bad in debt so to prevent from becoming more in debt then the government needs to make important decisions.
ReplyDeleteThe federal governments need to make sure they are maing good and wise decisions for our country. So our budget will not be in a mess.
ReplyDeleteOur country is already aweful on the taxes deal and i think it needs to be fixed as in taxes decreased. So therefore the government needs to spend less money on stupid stuff that they think we need when we really dont.
the government has to make wise budget decisions because we cant go into greater debt than were already in they have to keep everything balanced, if the government doesnt make wise decisions our taxes will increase to pay off our national debt.
ReplyDeleteWise budget decisions are needed for our Country to be able to continue. If the Goverment continues to create greater debt, we will never get away from higher taxes, poor paying jobs, and outragious healthcare cost.
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