Essay about How the President Can Strengthen the Economy

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It is obvious that the economy is currently facing the problem of recession. There are reasons why the country’s economy is currently facing these problems. One reason why is that the U.S. is in an abundance of debt. This includes the federal economic system, countries and individual citizens in general. The second problem is the issue with health care. Many American citizens are without a sufficient amount of health care. The sad matter is that several other health care systems in other countries are even better than the United States (Newman, 2009). Several of these matters contribute to the problems that the United States is facing and it needs to be addressed and improved before the matters becomes worse. Citizens of America…show more content…
This includes borrowing money from countries from Far East in reference to trade and commerce. This abundance of debt has been an issue in the United States in the economic issue of the current recession. Another issue that the economy is encountering is the case of health insurance. Several individual American citizens are lacking a sufficient amount of health care. In 1965, Medicare was established to provide healthcare among the elderly and the poor in a form of Social Aid to benefit Americans (Patterson, 2008). However, although there are approximately 16 million individuals insured by Medicare, this is small amount that is given to pay for medical bills (Universal Health Care, 2008). Along with this issue, there are also several Americans who are underinsured and also not insured at all (Kalvantz, 2009). In addition, there are those who are insured but their claim is denied. In a study of a documentary film, Sicko, by Michael Moore, it was discovered that several companies were required to deny at least ten percent of the claims (2007). This has led to the result of several individuals with the worst health issues and cases of death due to the lack of assistance in the health care industry. These issues have been a severe factor in the insufficiency of social assistance. The country has seen some of the issues and in other cases have not realized the other issues. In relations to debt,
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