Persuasive Essay On Government Spending

1000 Words4 Pages
Government spending has been a major concern for numerous years. Many individuals believe the United States is the land of opportunity and the most powerful country in the world, but we're heading into another potential financial crisis. The U.S. has currently exceeded twenty trillion dollars in national debt from fighting unnecessary wars, economic stimulus packages, tax cuts, wasteful spending and lastly, government corruption. Although there is transparency in where taxpayers funding is allocated, I believe more accountability is needed within our government. If the United States continues adding to its enormous debt, we could also experience a credit default. If the U.S. were to default for example, the value of the dollar would drop, interest rates would rise causing inflation and for these reasons, it could lead to another recession. While some policymakers believe increasing taxes is the solution to our debt concerns, the government needs to cut spending and eliminate deficits. Many economists claim that cutting spending will only hurt the economy, but it has been attested spending cuts would shift resources from mismanaged government programs to more productive private activities, furthermore increasing the overall gross domestic product. I believe the government needs cuts within public spending in order to reduce the national debt. The Department of Defense is allotted nearly six hundred billion dollars annually to best serve and protect our country, our friends and allies, and our natural interests in today's global security environment. While I'm a supporter of the DOD's initiatives, I feel administrative waste within the Pentagon could be addressed. According to the Defense Business Board, the Defense Department was paying a staggering number of people - 1,014,000 contractors, civilians and uniformed personnel - to fill back office jobs far from the front lines. Ironically, that workforce only supported 1.3 million troops on active duty, the fewest since 1940. To add insult to injury, an internal study has also been performed exposing the Pentagon burying evidence of $125 billion in bureaucratic waste according to the findings by The Washington Post. (Victoria Walker/The Washington post)
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