Original Editoral

National debt always has a way of manipulating its viewers to think about what they are trying to say. They present certain issues and isolate them in way to where the national debt is perceived in a completely different manner. The different between the Republican National Party and the Democratic National Party is a good example.
Since the beginning of American politics (1860), we have lived in a two party political system. These two parties play a very important role in our government, they are a source of ideas for public policy, and they legally oppose each other, forcing compromises of ideas that are beneficial to the people of the United States of America. Though these two parties generally always oppose each other on the issues, some people believe that there are not significant differences between the Democratic National Party and the Republican National Party. I disagree with this. When the domestic economic issues of the 1996 and 1992 presidential elections are examined, the Republican National Party and the Democratic National Party show themselves to be very different. A budget deficit accurse when government expenditure outstrip tax receipts during any single year; the national debt is the total sum of what the federal government owes its creditors. When government collect less taxation or spend more expenditure. It needs to finance the unbalanced budget by issuing new debt securities the national debt.
The national debt is an issue of great concern to the economy. Each year, the debt amounts to a higher percentage of GDP. The debt weighs down the economy, and the interest payment are consuming an ever larger share of the national budget.
I believe this whole thing with the national debt needs to be taken care of because there is no pint in it. The debt is growing so large so fast like the media, when will it stop? According to Keynes it is health for and economy to run a deficit during lean times; however, it should be caught up during good times. When will the Untied States ever catch up will we keep rolling it over for future generation? I believe it will become so large that we will no longer be able to pay the interest on it. Something must be done.
In conclusion, I agree with this plan point, but if the national debt continues to be ignored, it will come back to haunt us so I believe that the deficit needs to be balanced but in a way so that Americans feel few of the budget cut backs. There are two ways of balancing the budget and pursue a national policy of providing high level of government services and defense rather than making mammoth cuts in a social fabric that has served the United States and the world well. I think that Clinton’s 10 year plan is of more interest to the American people than the Republican 7 years plan.