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The National Debt
Part one of term paper
For the past centuries, the american people dug themselves into a big
hole which is . In this paper I will discuss the history of
, effects on the debt/deficit, wais to reduce it and control
the deficit. has increased every year from 1945 to 1995. The
biggest increase of the debt was from the years 1985 to 1995 whwn it went up
about three ...
Part two of term paper ... was called the Great Depression. It
started in 1930 and lasted until 1940. During this depression, President
Franklin Roosevelt came in. He brought in projects known as Entitlements. Some
of them were known as; WPA. TVA. and CCC. Then social welfare was born and
social security began. This is what put our country into debt. Then came war,
the end of the depression, and the Eisenhower times.
The debt kept on growing so new president Lyndon Johnson developed new
social welfare programs- Me ...
Word count: 484 | Approximate pages: 2
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