Budget Deficit & National Debt :: essays research papers

The purpose of this paper is to discuss the short- and long-term effects of current budget deficits and the nation debt. In order to do this; I first had to find out exactly what they were. I will also discuss whether I think the government should operate with a balanced budget. Budget deficit is the amount by which total government spending is more than government income during a specified period; the amount of money which the government has to raise by borrowing or currency emission in order to make up for the shortfall in tax revenues. National debt denotes the total sum of the outstanding debt obligations of a country's central government. I discovered that many people use the term somewhat more broadly to refer to the total indebtedness of all levels of government, including regional and local governments and sometimes also the indebtedness of government owned business entities such as local transit and communications systems or nationalized industries as well. The national debt represents the accumulated total of all the government budget deficits of past years, less the accumulated total of all the government budget surpluses of past years. In the United States, the national debt consists almost entirely of interest-bearing "IOU" instruments that are usually re-sellable on organized financial markets such as, for example, U.S. bonds, U.S. treasury notes, and U.S. treasury bills. These IOUs are originally purchased from the Treasury by private individuals, private corporations, insurance companies, pen sion funds and banks (both inside the United States and outside its borders), and the Treasury then uses the money it raised to bridge its spending gap when its budget is in deficit. The Treasury also sells IOUs to other Federal agencies that operate so-called trust funds -- primarily the Social Security Administration and other Federal retirement programs. The complication here is that since this is money that the government "owes to itself," it is not counted as part of the national debt in any realistic system of accounting. I find this to be really strange. Money to pay the annual interest owed to the owners of the government's debt instruments has to be provided through appropriations in every year's Federal budget. These interest payments on the national debt constitute as one of the largest spending categories in the budget. Gross Domestic Product (GDP) is an estimate of the total money value of the entire final goods and services produced in a given one-year period using the factors of production located within a particular country's borders.

What are Robots and how are they being used now days?

Introduction:Robots are becoming the most reliable and used man-made tools in many aspects of human life (Peter, H. 2013). Robots are mechanically self operated tools that can help us in manufacturing and in difficult surgeries such as fixing something really small that cannot be held or seen by humans. This article will explain the importance of robots and its role in making human life easier. However, we must understand that Robots will never replace humans in all aspect of live.Helpful Things that Robots do:The Robot is a tool that can do different and difficult types of jobs such as in hospitals and manufacturing. Some people feel like its more safe to let the robot do a surgery because it is very accurate. Robot can also build tiny things in manufacturing because they are faster and more accurate than humans. In some countries Robots are being used to replace house animals like dogs, cats, rabbits, rats, guinea pigs and others. These Robot Pets are machines rather than living th ings and can give their owners plenty of fun and they can also teach us about real animal (Parker, S. 2010). Some robots are great fun and many people like to play with them because they are more challenging and fun to play with. For example, when you play Chess against a Robot it can defeat you very easily because it can think ahead of every move it can make to win the game.Disadvantage of Robots:Robots have also many drawbacks such as it uses a lot of power to function properly. Also, if the power is out, the robot will not function. Another drawback is that the robot cost a lot of money to be built for a specific job. However, in the coming years as technology is improving, Robots will become more and more part of our day-to-day life and cheaper to have. As Robots become more reliable, it will take over many tasks that are currently only being handled by humans. This is one of the main reasons for the increased of unemployment now a days and more will be expected in the future as the technology continue to improve.Conclusion:Now days Robots are very helpful and widely used in many aspects of our day-to-day life. They are considered smart tools that can be programmed to perform certain tasks that are normally handled by humans in a faster and more accurate way. However, we must understand that Robots will never replace humans in all aspects of life. At the end of the day they are only machines that are created by humans!

A Separate Peace Finny - How Things Change Essay

A Separate Peace: Finny - How Things Change nbsp;nbsp;nbsp;nbsp;nbsp;In the novel quot;A Separate Peace,quot; by John Knowles, a boy named Gene visits his high school 15 years after graduating in order to find an inner peace. While attending the private boys school during the second World War, Genes best friend Phineas died and Gene knows he was partially responsible. Phineas, or Finny as he was sometimes called, was the most popular boy in school. He was a handsome, taunting, daredevil athlete. Gene, on the other hand, was a lonely, self-sufficient intellectual. Somehow the two became good friends, or so Finny thought. Gene, unfortunately, was bitten by the green-eyed monster of jealousy. Gene just couldnt come to grips with†¦show more content†¦Unfortunately, this all added up to a point where jealousy overcame Gene and caused him to injure Finny. Gene and Finny had started a Super Suicide Society which included a jump from both Finny and Gene at the beginning of every meeting. This time Finny came up with the idea that they both jump at the same time. They were in the tree with Finny farther out on the jumping limb when Genes quot;...knees bent and I jounced the limb.quot; Finny fell and shattered his leg. Gene became overwhelmed by sorrow because he had caused his best friend to shatter his leg. The most athletic person in the school could no longer play sports. Gene eventually got up the nerve to go to Finny and tell him the truth about causing the fall. However when he got to him it was Finny who apologized, saying, quot;Im sorry about that, Gene,quot; Meaning, he regretted the feeling he had that Gene had actually caused him to fall. Finny believed that a friend would never do a thing like that. nbsp;nbsp;nbsp;nbsp;nbsp;Finny was a great person and one of his best qualities was his ability to forgive. Gene and Finny became friends again once Finny was able to return to school. All seemed well until the boy in the room across the hall started to get suspicious that Finny didnt accidentally fall out of the tree. He wound up tricking Gene and Phineas into going to a investigation to find out what really happened. The investigation included the testimony of aShow MoreRelatedAnalysis Of A Separate Peace 901 Words   |  4 Pages Devon had many incidents that occurred during the summer session and the regular school year. â€Å"Peace had deserted Devon† (Knowles pg.72). A tree, showing symbolism, has a big part in the story, A Separate Peace. The events happening during the summer session and regular school session, hinted foreshadowing, for later events to come. In Devon’s school, multifariously terminus students have a distinct story and oblique events tremble throughout the school. The students attending Devon have been throughRead More A Separate Peace - Symbolism Essay examples1597 Words   |  7 Pages In John Knowle’s A Separate Peace, symbols are used to develop and advance the themes of the novel. One theme is the lack of an awareness of the real world among the students who attend the Devon Academy. The war is a symbol of the quot;real worldquot;, from which the boys exclude themselves. It is as if the boys are in their own little world or bubble secluded from the outside world and everyone else. Along with their friends, Gene and Finny play games and joke about the war instead of takingRead MoreArchetypal Critic on John Knowles’ A Separate Peace1163 Words   |  5 Pagesrepresent a typical human experience that is passed down from generations to generations, creating its originality. In â€Å"A Separate Peace†, John Knowles uses many archetypes to enrich the personality of his characters, especially Gene and Finny based on common human experiences. By embodying the archetypes of the Fall from Innocence, the Unhealable, and the Crossroads in â€Å"A Separ ate Peace,† John Knowles was successful in establishing the theme for the novel which implies that the guilt which is begottenRead More A Separate Peace Essay example1149 Words   |  5 Pages A Separate Peace: by John Knowles nbsp;nbsp;nbsp;nbsp;nbsp;During World War II in the struggle for peace among nations comes a smaller, but still significant struggle, in a prep school boy becoming a man and waking up to reality. nbsp;nbsp;nbsp;nbsp;nbsp;In the book A Separate Peace, the author John Knowles, creates the image of two sixteen-year old boys struggling to keep what little sense of peace they know, even though there is a war going on all around them. Gene Forrester, theRead MoreEssay on A Separate Peace: Friends or Foe?1117 Words   |  5 PagesDuring the 1940’s in America, times were hard. It was a time of war. In this period of history, people found themselves looking for peace and innocence. John Knowles’s A Separate Peace illustrates a boarding school, one of the only places left to find peace, where the main characters, Gene and Phineas, face their own internal wars with each other. Starting out their friendship seems strong and everlasting but as the novel progresses, like all friendships, the fire between them seems to dwindle. AlthoughRead MoreFrom Innocence to Experience1156 Words   |  5 PagesTransformations occur all throughout life, from developing pimples as an adole scent, to a midlife crisis that changes everything. In John Knowles’ novel A Separate Peace, there is a transformation in all key elements of the book, from the rivers, to the tree, to the characters. Three specific young men experience change not just because of the transitions through adolescence. These changes also come about because of war, an injury, and guilt. All of these transformations are specifically seen in LeperRead MoreA Separate Peace By John Knowles1529 Words   |  7 PagesWar is a destructive force whose nature is to destroy all things and change lives forever. It is a whirlpool that sucks everything in and is fueled by hatred and violence. Whether one is directly involved in the battlefield or waiting to see the outcome, war has the capacity to affect all people. It can harden one beyond their years and force them to grow, seeing conflicting sides of good and evil. A Separate Peace by John Knowles narrates the story of young boys growing up with World War II as theRead MoreA Separate Peace Essay 11996 Words   |  4 PagesA Separate Peace Essay Betrayal, one of the most horrible things you could do to anyone your family, a friend anyone. To me it’s one of my all time most hated things a person could do and it’s almost unforgivable. In this book A Separate Peace by John Knowles two boys Phineas and Gene who are best friends at a boarding school in New Hampshire experience some of the worst kinds of Betrayal you could think of. Gene commits a very bad betrayal when he jousts the tree limb they are bothRead MoreTheme Of A Separate Peace And Dead Poets Society1103 Words   |  5 Pages At some point in life, one will learn of the major consequences of not thinking situations through and in turn, the importance of having friends to help overcome difficulties caused by this. Knowles, author of A Separate Peace, and the 1989 film, Dead Poets Society, make similar points and develop comparable themes throughout the stories. Both make a point about the major consequences that come with risky or not well thought out actions. Secondly, each have the idea of the importance of findingRead MoreEvil Vs. Good And Evil1055 Words   |  5 Pagesevil are two very separate things, they could not exist without each other. Good is anything of which can be morally right. Evil is anything of profound wickedness. They are very different, aren’t they? Now, read a newspaper, listen to a story, or turn on the news. It is not definite, but you most likely will hear about an occurrence that caused someone harm. Nowadays, people mostly hear about slashing in the streets, kidnappings, murders, and so many more gruesome things. These are all