National Economic Policy

IntroductionOn the issue of the global state of contend on holy terror there atomic number 18 various effects which come along with the nonrecreational for the long-term struggle on terror . The huge amounts exhausted on this kind of state of warfarefarefare are spent through with(predicate) the politics through the private and other indirect mover in the economy and these apostrophizes will need to be paid in the years to comeThe policy or programs recommended addressing the probable effects of stipendiary for the war on terrorWorld leaveicraft organizationThe gentlemans gentleman trade organization as an inter field of study organization promotes br liberalization by encouraging all the nations to lower their subsisting trade barriers . In addressing the issue of the global war on terror the world trade organization has a apparatus by which it vextles and to a fault resolves various disputes without the result of any pricey trade wars Since the United States is a member of the world trade organization the republic s markets have been liberalized (William D . Orpheus 2002Social auspicesThe cordial security program is highly recommended in addressing the liable(predicate) effects of war on terror . This ensures that the surface area has provided its citizens with the security that is needed against the attacks from the domain s enemies . Through the social security program the the Statesn citizens are given internal as strong as the outdoor(a) security and they are similarly made to feel real safe in their own sylvan This is achieved by the revenant manning of the solid ground s entry points such as the airports and the sea . Ports . On the other hand there is lot of surveillance in the sylvan and this prevents any possible attacks from the terrorists . The social security caudex similarly ensures that the social welfare of the country s citizen is well catered for and the citizens are well aware of their social security in name of their social welfare (U .S . Department of Justice 2002Medicare and Medicaid spendingThe Medicare and to a fault the clover aid spending are similarly recommended in addressing the likely effects of paying for the long term war on terror This provides the soldiers and also those who are involved in the war on act of terrorism a cover on their checkup spendingThe long-term pecuniary strategy and the unique financial altercates of paying for the long term war on terrorThe the Statesn national security highly depends on the country s financial security . There has been a revolutionary war debt in America and this and this has been a very(prenominal) huge threat to the nation s creditworthiness and also its very existence . There has been an establishment of various financial principles in to notwithstanding secure the country . The country has been adoption a lot so that it can pay for the war in Iraq as well as the short spy value cuts in the face of the long term war on terror which has been running against the American tradition olibanum placing the country into a security peril (Daniel McGinnis with Suzanne Smalley 2003This has led the American government to further realign its scotch policies on the country s taxes , the social security , Medicare , and also the country s oil colony so as to safeguard the American liberty as well as its future . The need to pay for the war on terror in America has driven the country to a financial innovation the American common duties for typesetters case have often fallen off with the existing hostilities and this has further led to the increased reliance on the consumption and also the excise taxesThis has highly cut the civilians demand and freeing up the war resources but it has been very burdensome on the forgetful Americans . On the other hand the taxes on the businesses in America and also the wealthy people are very touristed however they do not this do not disgrace the consumption in the country and they also discourage an zippy investment in the country s war industries . If it is broad base the financial debt can cement the arrest on the war but if it is not then it could lead to a categorize of creditors who have excessive political power The shortsighted fiscal policyThe forging of the American fiscal policy has not been very simple since most of the American president s have been oftentimes facing the congressional resistance to the country s massive tax and its borrowing requests on several occasions . It has been found that the fiscal policy can not be only closely the raising of very huge sums of money even though this is very important for the country as it addresses the issue of war on terror . But the fiscal policy could also be about determination several ways in resolving the country s internal differences so as to tie the country behind the war effort as well as maximizing the productive output in the country s economyThe American fiscal policy is short sighted since it is viewed by large portions of the country s populations as unfair since the methods employed by the political leaders for securing funds for the war are also not fair . This will however make the efforts for the support for the war to greatly suffer .

On the other hand the methods used to raise money for the war on terror have weakened the country s economy and also the country s foundation of the military powerAmerica has been faced with a major challenge of financing the war on terrorism since the long war has been fought is being fought in parallel with the ground wars which are extend in Iraq and also Afghanistan The fiscal policy will posit and also prevent the government s ability to pay for the threats of the blasting attacks from the country s unknown enemies . This is because the policy has led to the elimination grasp or even the reduction of funding for the low precedency domestic projects so that there can be way of life for the high priority military spending in the budgetHow to undefeatedly prosecute the global war on terror composition at the same time meeting the growing salute of solitude and the healthcare benefitsThe American leaders can successfully prosecute the global war on terror enchantment at the same time meet the growing monetary value of the population s retirements and the healthcare benefits of all the Americans . This could be achieved by finding ways which meet the crucial security needs piece at the same time addressing the country s healthcare cost of the aging population and the escalating retirement benefitsThe country s administration should lodge a long-term fiscal strategy which will bear for such needs to be met . The country s budget on the other hand should encompass and also as set aside some amounts of money which will cater for the social security demands , together with the healthcare benefits and the growing costs of retirement for the aging population in America . Similarly the strategy should include more thorough prioritization on the allocation of the country s resourcesThis will allow the curbing of the non essential spending in the country . On the other hand there should be a tax policy which will help in the avoidance of the country s chronic deficits . Similarly the American government should adapt fiscal policies and strategies which will match the payouts in the right programs at a closer look to the money which is menstruum into the country (Robert D . Hormat . 2007The country should also reduce its dependance on the on the foreign capitals as this aggravate s the financial threat which is facing America as a nation . So that there could be a successful prosecution on both the war on terrorism and at the same time meeting the growing cost of retirement and the healthcare benefits the fiscal policy should be tenacious and not in any way undermine the American national securityReferenceWilliam D . Orpheus (2002 : Iraq , The economic Consequences of the War New YorkReview of Books , declination 5U .S . Department of Justice (2002 : Explanation of the Process for Computing Presumed Economic Loss . Retrieved from HYPERLINK http /usdoj .gov /victimcompensation http /usdoj .gov /victimcompensationAccessed on 12th declination 2007 Daniel McGinnis with Suzanne Smalley (2003 : Now Families Face the Cost of WarNewsweek , April 21 , 2003 ,. 11p Robert D . Hormat (2007 : The footing of Liberty : Paying for Americas Wars . Published by Henry and Holt CompanyPAGEPAGE 1National economic policy...If you want to get a full essay, order it on our website: Orderessay

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