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Trending- Budget Deficit Decreasing
The budget deficit in 2015 was $439 billion, while trends show that the budget deficit is shrinking the national debt is growing. The reason the deficit has fallen is because of the economic recovery of 2007. It is estimated in the future that debt will continue to rise. -Fiscal
http://www.crfb.org/papers/fy-2015-deficit-falls-439-billion-debt-continues-rise -
Housing Causes Inflation
In 2008 households started started saving more which causes inflation in the economy. Income growth has reduced causes households to get deeper in debt. -Result
http://www.mckinsey.com/global-themes/employment-and-growth/the-economic-impact-of-increased-us-savings -
Obama Care- Bringing Decficit
Obama care has increased the public spending on health care so people aren’t happy about it. The government says in the long run spending will go down but currently the public outlook on it is not too good. Because of this other things that the country needs are being swept under the rug. -fiscal policy http://obamacarefacts.com/obamacare-deficit-debt/ -
Too Much Trade with China
The US has a large trade deficit with China. We import a lot more than we export causing our national debt to rise. -fiscal policy http://www.businessinsider.com/chart-us-trade-deficit-with-china-2013-4 -
No More Banking Bonds
In 2012 the government started selling bonds online and are no longer being sold at banks. If you open an account you can buy or manage your bonds at any time. This is making buying bonds easier because now you don't have to wait for banks to be open. -monetary policy
http://www.treasurydirect.gov/timeline.htm -
Trump Dumping the Debt
Trump a presidential candidate is spending too much of his money and now has very little left to spen. A potential future leader who doesn’t know how to use his money is not what America needs for our money. -monetary
http://www.adn.com/alaska-news/nation-world/2016/06/21/trump-starts-summer-campaign-push-with-crippling-money-deficit/
