Pros And Disadvantages Of Demonetization

The first and obvious effect would be a deficit in national budget. Without enough money to operate and satisfy community’s needs, the government could be in serious trouble. For taxes cover numerous aspects that directly influence people’s lives, once it displayed signs of insufficiency, standard of living would subsequently go down. According to Center on Budget and Policy Priorities, most of the federal government’s funding goes into defense, social security, and major health problems, with a total of 55 percent for three categories and only 8 percent for benefits for federal retirees and veterans, as well as 3 percent for all other purposes. Allowing tax cuts thus means letting community services weaken in quality and putting the national security at risk. Additionally, budget deficit can also lead to reduction in investment, net exports, and international asset flows, as analyzed by Laurence Ball and N. Gregory Mankiw, research associates of the National Bureau of Economic Research, in their “What Do Budget Deficit Do?” article. What results from these abatements evidently affects the economy heavily, both by devaluing the nation’s currency and decreasing the overall GDP. Considering such possible consequences, hence, it is no longer valid to state that lowering taxes equals growing the economic

The death penalty is still in use in the united states. The state with the most executions is in Texas with a total of 545 from 2017 to the year 1976 (Number of Executions, 2017). The death penalty is a very big debate. There are many reasons why and why people do and don’t like the death penalty.

Having a value-added tax has many different views, but many cons are shown through the system. With having a value-added tax means the tax on the amount of an item goes up based on its production or distribution. Value-added tax being implemented would clear out many peoples savings. It also would be a struggle on the lower classes, and has been called an “unfair regressive tax”.

Convinced that alcohol was the source of almost all crimes, Congress started what was known across the nation as “The Noble Experiment” in 1919. To begin this “experiment”, Congress ratified the 18th Amendment. This Amendment became known as, just simply, Prohibition. Prohibition was a ban the government put on the production, transportation, and sale of any form of an alcoholic beverage from 1920 to 1933. The goal of the government was to get rid of many of the problems that came with alcohol – such as crime, drunk driving, and other negative effects of alcohol. The government believed that by banning the production and transportation of alcohol, they could curb and tame the drinking habits of the nation. Although the

The death penalty is the ultimate punishment. There is no harsher punishment than death itself. This nation, the United States of America, is currently one of fifty-eight nations that practice the death penalty, if one commits first-degree murder as of 2012. People that believe in the death penalty also believe that it will deter murders. In this paper I will argue that the death penalty does not deter criminals and that this nation should outlaw the practice.

The government relies on collecting taxes in order to create revenue and function successfully. A decrease in taxes affects business and the government differently. A decrease in taxes is good for business and bad for the government. Many entitites rely on government funds in order to operate and function

Incarceration strives to isolate offenders from society but does not provide adequate therapy to change the mental states and behaviors of criminals. The recidivism rate, the rate of known and recorded relapse into criminal behavior after release from jail, proves that offenders need more than just isolation to change their behavior and eliminate their dangers to society. Communities need not only to provide help and pay attention to offenders with short sentences because of their earlier release than others. In California, an increase in parole grants in 2014 has resulted in 2,000 murderers, classified as the “highest Criminal History Category, VI,” returning to society with no therapy or assistance from reentry programs. 80% of offenders in the most serious criminal history category, the criminal group with the highest recidivism rate, relapsed and returned to prison within five years of release, and 60% of offenders returned to prison within three years of release (Prisoners and Prisoner Re-Entry, 2007; Sanchez, 2014; Sipes, 2017; St John, 2014). Overall, police officers arrest ex-offenders up to forty-five times more than they arrest members of the non-criminal population (Przybylski, 2012). Criminals need specialized psychological treatment to change their behaviors and make them safe to return to their communities. As recidivism becomes increasingly more problematic in today's society, criminal psychologists analyze the motives, incarceration experiences, and mental

The government pays the people back but with interest. Also it is a way for money to get out of the circulation and it helps control inflation.

There are actually beneficial effects of deficits on the community. In the article “The Political Economy of Balanced Budget Amendments” by Marina Azzimonti, she stated that deficit can actually aid the economy. Marina revealed that in 1936 John Maynard Keynes pointed out that during recession, higher spending or lower taxes help economic recovery. This happens because when workers are unemployed and capacity is unused, higher government spends and lower tax rates usually increase the overall demand for goods and services. Political debate implicitly assumes that these deficits are adverse but it’s not necessarily the case. The government often finances and spends on public infrastructure such as roads and bridges to promote growth. This directly connects back to the advancement of technology, without growth we are stuck at a standstill. The benefits clearly outweigh the limitation because of all the opportunity it will open up. In the article “The Equilibrium Approach to Fiscal Policy”, David Aschauer showed that with an estimate of one percent increase in public capital raises output by 0.39 percent. Spending money on the community will return value to the government directly or indirectly. The important thing is that the government is looking for growth, this can be seen like an investment and in the long run will someday yield them profit which will slowly balance the budget. Growth is key, the amendment is not the solution, the problem is how the government has shown a lack of fiscal discipline (Stennis

One controversial issue in the modern world is the death penalty, to keep it or to ban it is the question. In the United States, the death penalty is given to people convicted of capital crimes. These crimes include, but are not limited to, murder, espionage, treason, and death after an aircraft hijacking. Capital crimes do, however, vary by state. There are many different stances on this issue. Banning it, not banning it, adding different limitations, etc. One common stance is the death penalty should be banned in the US. There are pros and cons of the death penalty, however, the cons outweigh the pros.

The death penalty is the the “punishment of execution, administered to someone legally convicted of a capital crime.” (Google.com) The death penalty has been around for about 400 years now. The death penalty originated in virginia in 1605 by Captain George Kendall. The death penalty itself is a very controversial topic and many people have different [points of view on it. Within this essay will be the main parts ion why the death penalty is the worst thing that has come to the United States.

Throughout the years there has been many issues being posted on social media or talked about on big tv networks such as Good Morning America or CNN dealing with drugs. There has been the headlines stating they’re sentenced from as little as months to sentence to life. In my opinion when reading the word “decriminalization” it made me wonder what it really means and how it affects the United States?

More than 82 million American residents will have the opportunity to cast ballots on marijuana measures when they go to vote in the presidential election. Men and women can vote for whether or not they want to decriminalize the substance or legalize it, that option has been added to the ballad in nine different states. The states participating in the vote on cannabis laws are Arizona, Arkansas, California, Florida, Maine, Nevada, and North Dakota. Each state has different propositions and rules to follow if they decide to legalize or decriminalize marijuana. The one requirement they had to follow in order to turn in their ballot answers, was that they had to vote in the presidential election.

Knowing the exact date and time of one’s death would be tremendously terrifying. For the people on death row, it is experienced every single day. Instead of paying their time, they get the easy way out. It puts innocent lives at risk, it is selected at random, and it costs taxpayers a fortune. The death penalty is not a fair justification and the United States should not practice this mechanism.

Firstly, it exerts economic growth. This is because government may have the available funds and therefore spends it on infrastructural development. As infrastructural development occurs, it is in a way creating jobs in the labor force. When that occurs more investors enter into the country to invest thereby creating more jobs leading to an increase in government revenue and high economic growth. When that happens, it is more beneficial to