Presidential Policy Formulation

Paper Summary:

This is an all-inclusive paper dealing with a wide range of issues, such as the American economy, in general, and discussing issues, such as budget deficits, tax cuts, medical assistance and benefits for retired people, the weakening American dollar, allocations for the military, intelligence and homeland security, job growth, and the regime and policies of free trade. With regards to security, it features the recent American initiative on the war on terrorism. The issues of weapons of mass destruction (WMD) and nuclear proliferation are also discussed, as well as the aspect of the ?future?, as it was viewed from the era of the Vietnam War. Furthermore, the relevance of the Cold War is outlined as a great American victory. Compelling issues, such as the role of oil, OPEC, the Middle East, and the socio-political and economic situation after the incidents of September 11 are also addressed. Additionally, the role of the United States government is outlined and made easy to understand.

From the Paper:

"The appreciable factor in the entire issue is the surplus which is estimated at 5.6 trillion dollars spread over the next ten years. There is also a projection of a 500 billion dollar from Medicare surpluses. The democrats on the other hand intend to spend the entire Social security and Medicare surpluses towards paying off debt. This however cannot be a favourable idea since it leaves the government with no table funds. A better and agreeable solution would rather be paying up a whopping 80% of the debt, subtracting 2 trillion dollars from Social security surpluses and using the remaining 600 billion dollars as an investment into the promising avenues of the stock market. Thereafter, a reserve account can be created to haul in the funds that have come by way of medical surpluses which amount to 500 billion dollars added up with an extra 340 billion."

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