Wednesday, January 11, 2017

私たちはそれを行うことができます。(We can do it.)




     As described in The Balance web page, about the national debt. We owe a lot of money. $19.8 Trillion to be exact. And most of that goes to China and Japan, most of the rest is distributed among other foreign countries. But did you know, that some of our country's debt is actually to itself?! what is this?  we owe $2.786 Trillion dollars to the Social Security? It's because it owns a treasury that takes money from the U.S government. It's crazy! We owe foreign countries $6.175 trillion, Federal Reserve $2.461 trillion, Mutual Funds $1.056 trillion, State and Local Government $803 billion, Private Pension Funds $403 billion, Banks $515 billion, Insurance Companies $293 billion, and U.S Savings Bonds $174 billion dollars. That's nuts! However, there is a way to pay most of it up. In 2015, a study was shown that America gained $18 trillion dollars. This means that we can pay most of our debt, and if we made $18 trillion in 2015, and $18 trillion in 2016, this means we should be able to pay up our own debt like now. Hey, "New year, new me." The American government needs to pay this up now. If we are already the most powerful country, then if we pay this debt up we will be the most powerful country in the history of the world. However, China and Japan are becoming very wise in the economy business. They have started rising their prices in the trade business, so that America keeps paying them when new shipments come in. China and Japan should not be the only ones doing this, every country should be rising their shipment prices. Because some of the more poorer countries should gain more and ask America for more. Like some of the South American countries, especially since they have a lot of tropical fruits that America doesn't have. And the cocoa bean, a lot of people love coffee, so that bean should raise it's price to make people serious about wanting it. Even America should do the same. Even if America doesn't have many of their own ideas, it's still a good idea to raise some of their prices on at least some of the products. America being rich already, would become even more. And not just from raising prices on shipments, but also on paying the debt. If the other foreign countries aren't scarred already, then they'll be very scarred when hearing that the U.S national debt has been paid. Especially China and Japan, upon knowing that they received all of the money that they need. There wouldn't be anymore coming through, they wouldn't be able to rely on America if they had a financial crisis, and America could be able to have the countries under it's own supervision. All of those countries, even beyond China and Japan. If America pays them up, then America could be very powerful. The military would become very indestructible, the health industry would become more wise, old people would have the time of their life, young people would be more smart from the funds given to the education industry, and food would become less expensive. But it all falls under one thing... it's economics, anyone can choose to what they want to do. Whether if it's to pay the debt, or stay in it to be held accountable.   






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