Tuesday, May 29, 2012

Budget Balancing

Why is it so hard to balance the budget? Think about trying to spin plates on sticks, now imagine having to juggle all of them stick and all, now imagine that the plates are sentient somehow and are able to heckle your spinning and juggling skills. To balance the budget you have to first understand how the economy works concerning small businesses and large corporations, also you'd have to know how passing a law saying company A can grow into a monopoly will affect all businesses in the same market in the first year and many years later. Finally you'd have to take into account moral devices and the effect balancing decisions will affect the different economic and social classes. Three examples of these problems that I personally ran into included: the cutting of certain military taxes that would box out my ability to cut other military programs down the road, second finding out that tax cuts for small businesses help out in many other departments cutting down the budget, while providing tax cuts or abolishing programs for large corporations gave a lot of economic support in the for a few giant problem areas in the short run. Lastly, it was insanely difficult to make the decisions like cutting school funding or federal green contracts even though it helped to save the economy and America as a whole.

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