Government Should Spend Money?

Every government in the world has basic functions that they provide for their citizens. “The preamble, to the constitution, alludes to two basic kinds of services that cannot easily be accomplished without government, and their provision accounts for two functions of every government of the world.” (Maltese 11) The two functions are providing and maintaining order and safety, and providing public goods, such as national defense. Governments can also provide any functions that they see fit to help promote the general welfare of their citizens. These government functions are designed to keep countries from becoming too chaotic, while still not completely controlling the people. While these are the main functions that governments perform they can do many other things, and often once a government is in place, the people will want to be provided with other services. However there are also people who believe

When looking up the definition of a government it says, “the governing body of a nation, state, or community”(dictionary.com). This helps to understand it a bit more, but what is the purpose of a government. Government has many purposes that keep its people safe and protected, this includes to establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity. There are so many ways that the government is use and there are so many sub categories and even those have categories. So when one is faced with a question like this there any number of responses, and but the main purpose of a

Public expenditure - Spending made by the government of a country on collective needs and wants such as pension, provision, infrastructure, etc.

Taxation, the amount of money we pay every year and of course the government is a big spender has a lot of assets at its disposal to influence the economy. The government is a very large entity and controls a lot of money. Fiscal policy is more effective when trying to stimulate the economic growth rather than trying to slow down an economy that is overheating. The goal of fiscal policy is too accomplished by decreasing aggregate expenditures and aggregate demand through a decrease in government spending. Fiscal policy pros are; it can build up the operation electronic stabilizers. Well-timed fiscal stabilization together with automatic stabilizers can have an impact on the level of aggregate expenditure and activity in the economy. Fiscal policy can be picky by attempting specific category of the economy. For example, the government can be focused to concentrate education, housing, health or any specific industry area. Fiscal policy controls a spending tap. Fiscal policy can have a forceful effect if used in bankruptcy, because the government can open a spending tap to increase the level of aggregate

Should the Federal Budget be spent evenly or are some categories more important than others? There were goals for the United States when it was created, it is called the Preamble. The United States wants to fulfill these goals, however they have a budget. The government hasn’t been spreading the money evenly between the categories. (BGE) The category of the Big Five has way too much of the budget. If we spent more money on other categories, will the government be able to fulfill the goals of the Preamble? Within each of the three budget clusters -the Big Five, the Middle Five, and the Little Guys - several changes should be made because the amount of money the government is spending on one cluster isn’t benefitting our country.

If our government didn’t spend anything would we have any type increase in our economy? I do not thing we would. Who would pay for the necessity things we need in order to thrive as a country. How would we keep up with our transportation system, invest in our future or keep us from totalitarianism? We have to have some type involvement from the government. I the 2016 election outcome came due to the fact that a lot of people felt like President Obama and his administration implicated too many policies that increase government spending. Such policies geared towards health care reform and income inequality. All in which increased taxes for each individual. I think a lot of people feel like the last eight years of government spending cost the tax payers a lot of unnecessary money. People were paying taxed for programs they didn’t support or agree with. “In fiscal year 2015, the federal government spent $3.7 trillion, amounting to 21 percent of the nation’s gross domestic product (GDP). Of that $3.7 trillion, over $3.2 trillion was financed by federal revenues. The remaining amount ($438 billion) was financed by borrowing. As the chart below shows, three major areas of spending each make up about one-fifth of the budget” (Center on Budget and Policy Priorities). This article outlines the major areas of spending which are

The federal budget is an annual plan created by the president of the United States that sets a certain amount of money to fund different federal expenses such as national defense, transportation, and income security, in fact; the federal expenses are divided into two categories, mandatory and discretionary spending. Mandatory spending is any expenditure that is required by legislation in which Medicare and Social Security are the main funded programs. In addition, discretionary spending is spending not mandatory but decided by congress based on appropriations in which it funds education, agriculture,and administration of justice, just to name a few. The federal budget is created using the constitution’s preamble as a guideline in order for

Thus some government spending is necessary for the successful economic conditions. Examples of good government spending would be maintaining the legal system which can have a high rate of return. However in general the government doesn’t use the financial resources effectively. It promotes economically abominable decisions. The welfare programs encourage people to remain unemployed. Flood insurance programs encourage people to construct buildings and residences in high probability flood areas. These and other such programs reduce economic growth if the government borrows money and spends on them. For every dollar the government spends, it translates to one less dollar in the productive sector of the economy. In other words this slows down the growth since the political forces dominate how the money is spent. In summary, Governments should not be allowed to borrow during recession. The disadvantage being that the government can use this money in an inefficient measure. Non-availability of borrowing power would force the government to make sound economical decisions during a recession and not move into the next

National debt is necessary for the funding of federal programs. Government spending is not only a focus of the United State’s political system, but it affects one’s personal choices and lifestyle. There is a concern with where and why money is spent. A key aspect of government spending is allocated to education. Education is fundamental in how one benefits society and the economy. The United States education program is not only necessary for the success of the country, but it is in need of a more efficient system with increased funding.

The government solely protects the rights of the employees and consumers and offer of public goods. Government spending and expenditure are one way by which the government control market economies, with increased spending to increase cash flow in the economy, and increased expenditures to minimize cash flow in the economy. Such increases

Governments are funded in one of two ways, through taxation and loans. The government has the ability to borrow large amounts of money. It is advantageous since the government can react quickly by borrowing through the use of treasury notes and bonds when there is not enough private sector spending. They may sometimes step in to boost the economy. This spending can infuse much needed cash into the economy to avert some of the repercussions of a depression. It is here that the government must be very cautious in how and where the money is spent, since all spending will not necessarily lead to a positive or profitable income in the future. Another way to boost the economy is through funds that are invested in businesses and programs that spark economic activity such as job creation, which creates wages, which improve the standard of living, generate

Taxes are the dollars that we pay to government to supply the services that are not or can not be provided through the free enterprise system. Taxes have been around since the beginning of organized societies. They come in various forms. Most common are income taxes both federal and local government. These taxes are assessed on the amount of income a person earns. Other taxes come in the form of user taxes; these taxes are imposed on the people that are using the goods being taxed, such as gas tax, alcohol tax, sales tax, and luxury taxes. Property taxes make up the major revenues for local and city governments. Furthering the burden of taxation are taxes that are attached to such bills as utility

Money cannot buy happiness, but it can buy education. In this great country of ours, education is not a privilege it is a right. All children are given the opportunity to a free education. An education that should allow them to become high school graduates, 21st Century scholars, and prepare them as leaders to sustain this nation. What happens though when this is not the future for all children? The problem at hand is not all children are receiving the same educational opportunities. Not all children graduate from high school and not all lead successful careers as adults. Why is this the outcome for some and not others?

Thirdly, government can get money by issuing bonds to improve the life of its people. In the U.S., federal, state and local governments issue bonds to build, repair and improve schools, streets, hospitals, airports and many other public works.

First, what all is the government responsible for? We can begin to address this question by looking at the United States Constitution.