To reduce the size of a country’s national debt, a government could potentially take all of the following actions: Raise the retirement age, Cap discretionary spending, Enact an energy tax and Don't extend so many of the Bush tax cuts.
- <u>Raise the retirement age </u>: Raising the retirement age for Social Security would not only reduce the program's obligations, but would likely encourage people to work longer. And a larger work force means more taxable income and stronger overall economic growth.
- <u>Cap discretionary spending </u>: To ensure that politicians make tough decisions in this area of the budget, we must have strong enforceable spending caps in place. Even just limiting growth rates to levels of inflation could save $1 trillion or more relative to what would otherwise happen.
- <u>Enact an energy tax :</u> An energy tax can make up some of the difference. By taxing carbon emissions or gasoline, as opposed to work and investment, we can reduce deficits and address climate change without hurting the economy too much.
- <u>Don't extend so many of the Bush tax cuts :</u> We should go through the tax cuts one by one to decide which ones are worth keeping and which we simply can't afford.
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Answer:
because it helped with transportation and trade
Explanation:
Answer:
American it impacts positive and Africa is negitive
Answer:
Exploitation theory
Explanation:
The exploitation theory can be defined as the theory that states that employers of labour carryout exploitation of wage earners in term of their wages and that value is intrinsic in a product according to the amount of labor that has been spent on producing that product and this happen in a situation where a group of people take for itself what is produced by another group because workers or wages earner are been exploited by been forced to sell their labor power for less than the full value of the commodities they produce with their labor just as in the case of Recent Chinese immigrants to the U.S. illustrated in the information given.
Therefore the The big businesses that hire these illegal and often uninformed immigrants illustrate EXPLOITATION THEORY