Question
provide feedback to After watching the condensed version of I.O.U.S.A.; Byte Sized. The 30 Minute Version my main takeaway revolves around the concerning path
provide feedback to After watching the condensed version of "I.O.U.S.A.; Byte Sized. The 30 Minute Version " my main takeaway revolves around the concerning path of the national debt and its impacts. The video effectively illustrates to us the rise of U.S. Debt highlighting the nature of current financial strategies. The significant debt load raises concerns, about the country's stability and the possibility of economic outcomes as well as puts doubts in the minds of society on whether the country is putting money to good use. The surging national debt is a result of factors, including increased government expenditures, tax policies, and challenges associated with entitlement programs. Political choices like wars and stimulus packages have worsened the situation. The film opened my eyes to the need for action to tackle this crisis and failing to do so could lead to economic instability, and inflation which we currently suffering from now, as well as a reduced ability to address future challenges. The "Citizens' Solutions Guide to the Federal Budget" presents three approaches for reducing debt and I believe the best approach is to cut spending and and grow the economy at the same time. Instead of sending trillions of dollars to Israel and Ukraine to fight proxy wars that people in America don't even support, we can use that money to help our own people who need it and use it to promote a healthy economy as well.
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