Thursday, February 27, 2020

The redistribution of wealth in US Military Spending Research Paper

The redistribution of wealth in US Military Spending - Research Paper Example In addition to investing in sectors such as education, health, food etc, the government also spends a fortune on funding military services, which are highly important because the overall safety of the country and its citizens rests within the hands of the military personnel. However, the present scenario puts forth a dilemma to the US government, that is, whether to decrease military spending and undertake consecutive risks involved or increase military spending and contribute further to the decline of the economy as well as the deteriorating standard of living of its citizens. Since sectors such as education and health are more productive in promoting personal development among citizens, thus in turn boosting the economy and resulting in further development of the country through lesser inequality in wealth distribution, it becomes clear that the US government should cut back its military spending and invest the wealth of the country in these productive sectors. It is a fact that th e military of any nation is responsible for protecting the citizens as well as the country from both internal and external threats. Thus, it is acknowledged that the country deploys a large number of personnel for military requirements in terms of air force, navy force as well as ground force. Moreover, in the same context, the government of the country makes huge investments in order to support various military operations, provide exceptional training to the troops, fund different endeavours that come under its programs etc. However, despite the fact that it is an absolute necessity to provide for the country’s security and the citizen’s safety, there is indeed a thing such as overspending for military, especially in the case of developed countries like the United States. Contrary to the government’s view of still supporting military expenditure in the present milieu, the American citizens have expressed in a recent nationwide survey conducted by the ‘Cen ter for Public Integrity’ that in order for the country to revive from the current deficit, the government needs to â€Å"cut the defense budget deeply† (Smith, 2012, p. 1). It is due to conspicuous wastage of the nation’s wealth through military, that the government is unable to fully contribute towards economic growth, as well as fulfil the very purpose for which it was established- safeguarding the interests of the citizens and ensuring the welfare of human beings. Furthermore, if the government funded more money for sectors dealing with aspects like education, healthcare, employment, food etc, the country could actually make a difference in its wealth distribution and gradually bridge the gap between the rich and poor sections of society. Thus, it becomes clear that the American government should focus on productive sectors rather than military and simultaneously it should decrease its military expenditure in order to redistribute wealth in the US in a more ideal way. The primary responsibility of the government should be to provide the citizens of the country with basic amenities such as food and shelter. However, the US government is intent on according the highest priority to military warfare as was revealed by its expenditure of â€Å"$737 billion on military defense†

Tuesday, February 11, 2020

Statement Essay Example | Topics and Well Written Essays - 500 words - 2

Statement - Essay Example However, even after trying to think really hard, I could not remember anything. As I tried to move on to the next questions, I realized that in order to complete the following questions, I have to clearly understand the meaning of nominal interest rate. I started to get nervous and worried. The more I tried thinking about the importance of the definition of nominal interest rate to the rest of the questions, the more I felt nervous and confused. I lost my mind, did not think straight, and made a terrible decision ever, which was using my cellphone to search the definition on the internet. Immediately I got out the classroom I realized that I just made a terrible mistake and felt that I had the responsibility to acknowledge the mistake. I went directly to TA’s office told her the truth as well as at May 10th meeting. I have been feeling so regretful and disturbed by what I did. Although the TA did not catch me, the grade I got from cheating is dishonest and I do not deserve it. I even brought shame to my family, as they were both very shocked and astonished about my action. I feel that my bad behavior deserves to be punished. However, I have been studying in NEU for three years and already had a strong personal connection with NEU and the city of Boston. Truly, this is the only place I want to stay and study. I can even remember the day I got admission letter from NEU and without any hesitation, I chose NEU over Ohio State. I always dream about wearing the trencher graduate cap from NEU proudly. I promise that I will not violate any other academic conduct in the future. To ensure that I will not cheat in the exam again, I will enroll in next year’s tutoring program. Additionally, I will get some private tutors so that I will be fully prepared for the exam. This will help me avoid more pan ic or confusion in the exam room. I promise that after this experience, I will never let the school, my parents, or myself down. I hope NEU can