Disadvantages of eliminating the national debt

Reference no: EM131774560

Question: Currently, the U.S. national debt is over 20 trillion. Many people feel that the high level of debt is a very bad thing and that it should be paid off.

a. Please, list and explain 3 advantages and disadvantages of eliminating the national debt.

i. what would we do if we do not have national debt?

ii. what would we be saving if we had no national debt?

iii. where would the money to pay off the national debt come from?

iv. what would it cost us to get the money?

v. what can we lose if we pay off all of our national debt?

Reference no: EM131774560

Questions Cloud

Designing and building a secure information technology : A Comparative Analysis of IGP and EGP Routing Protocols in Terms of Performance Evaluation, Load Balancing and Redundancy across different AS

Discuss the advantage of the common stockholders : Is the company employing financial leverage to the advantage of the common stockholders

Compute the EUP for direct material and direct labor : Compute the EUP for direct material, direct labor, and overhead using weighted average process costing

Representative who sells to veterinarian clinics : You manage a pharmaceutical representative who sells to veterinarian clinics.

Disadvantages of eliminating the national debt : Currently, the U.S. national debt is over 20 trillion. Many people feel that the high level of debt is a very bad thing and that it should be paid off.

Identify internal and external threats to validity : What do threats to validity have to do with training evaluation? Identify internal and external threats to validity. Are internal and external threats similar?

Find the after-tax rates of return on all three securities : Shrieves' corporate tax is rate is 35%, and 70% of the dividends received are tax exempt. Find the after-tax rates of return on all three securities

What is the net present value of this investment opportunity : What is the net present value of this investment opportunity, should Axillar go ahead with the new conditioning shampoo

Explain the deficiencies in allison report as drafted : Optima does not wish to present a statement of cash flows for either year. Explain the deficiencies in Allison's report as drafted. (AICPA Adapted)

User Account

All Pages