An analysis of the U.S. budget and job market with proposed solutions
AbstractIn-depth analysis of problems confronting both the U.S. budget and job market, while presenting a logical remedy for each dilemma. Problems addressed include the growing entitlement spending caused by increased lifespan since passing Medicare and Social Security, military spending on overseas operations, outsourcing to low minimum wage countries, the effects of automation on overall employment, and CEOs firing U.S. workers to increase their own compensation.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 42870.
Date of creation: 26 Nov 2012
Date of revision:
U.S. budget; U.S. job market; solutions; entitlement spending; Social Security; Medicare; military spending; lifespan; outsourcing; low minimum wages; countries; automation; employment rate; CEO compensation; U.S. workers;
Find related papers by JEL classification:
- F0 - International Economics - - General
- H0 - Public Economics - - General
- E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
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