Sovereign Debt

Published on February 5, 2010 by Technology Slice

Sovereign Debt – Unsustainably high budget deficits in certain eurozone countries hit credit markets with a vengeance again yesterday, as the cost of insuring against losses on sovereign debt rose to a record high. Concerns about the finances of Greece and Portugal and a looming general strike in Greece heightened investor fears. Western Europe Index [...]

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Open Question: Is this a good thesis statement regarding social security?

Published on January 11, 2010 by Technology Slice

Im doing this thesis for my political science class and i would like to know if it is good or bad. So tell me what i should improve if it is bad.

An analysis of our Social Security system reveals one major challenge to the people of the United States: the government will not be able to sustain this program under its current structure. With the Social Security system taking up nearly 21% of the federal budget and with people living longer the United States will not be able to afford this program in the near future. Social Security payments have the negative impact of hiding larger budget deficits which contributes to a feeling of greater fiscal security regarding government spending. In order for Social Security to be sustained the system has to be restructured so that benefits are pared down and eligibility rules are revised.

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Posted in Money

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