Jarrod Drury lit and comp 3
Dec. 16, 2011 Have you ever wandered why our government is in debt by so much? Have you thought to yourself that it needs to be fixed before something really bad happens in America? How about what caused this ginormous debt? I have the answers to your questions. Our government has made some wrong turns and passed some bad laws to make this happen. The reason why this debt even started in America is because, like people, the government takes loans. So they,re cities could have new streets built, more government worker, and the list goes on and on. Before they payed off this first loan,they started taking out more money, and thats when the government started living beyond their means. This was the start of the american debt crisis. Why didn't the government fix this problem? Thats because our government is lazy and left the problems for later generations to take care of. Another huge thing that led to the to the debt we have today is our social security program. When everyone in america started putting their money in this program for their future, politicians looked at it with greed. They started spending the money, and when those people retired, they didn't get all their money back that they put in. Well of course politicians had to do something, so they too out more loans to fix the temporary problem. The last thing that i have to talk about, that was a big contributor to Americas debt was our welfare