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The Debt: An Economic Catastrophe
Part 1 of Paper
....em of Canada. There is a pressing need for long-term policies
to lift Canada out of the national debt hole it is in. Eliminating the debt
will not only free up money being spent on interest and reduce taxes, but make
Canada a more feasible place for future generations to live and work.
Interest on the debt has erode.... Part 2 of Paper
....eing spend on interest
payments. Two approaches may be taken to this. First, an increase in
government revenues through higher taxation may be considered. However, taxes
are already at a point where some people feel they are working merely to pay the
government, rather than support themselves. Second, a restraint on government
spending by means of cutbacks may be a path, possibly a difficult one, to the
road of eliminating our federal debt. Either way, it will be the young citizens
of Canad.... |
| Number of words: 873 - Approximate pages: 4 |
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