Presented by: Aaron Tuia Isaac Kaighn Jason Tolbert ECONOMY.

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Presentation transcript:

Presented by: Aaron Tuia Isaac Kaighn Jason Tolbert ECONOMY

What do we believe the biggest problem facing the world is? We believe the Economy is the biggest problem facing the world today. In 1961 Kennedy raised military spending fund by 25%. Since the war in Afghanistan and Iraq the U.S. has spent $1,118,518,434,927+. The U.S. spends 54% of its money on military and 46% on non-military. The United States has a debt amount of $14.6 Trillion.

Funding percentage 46%54%

Other problems effecting the economy Mortgage crisis Obama puts $700 Billion down towards the mortgage crisis. Later pays another $75 Billion forward. Foreign aide We give other countries money and supplies to help even though we are far indebt. Do we give them more money than they give us? American money is losing its value The American dollar has lost 98% of its value.

The mortgage cost has been going up and house prices have been going down. Subprime loans by race. Projected foreclosures House holds with children Average # of children in house holds # of children impacted by crisis Latino , ,600 Black , ,200 All other67.61,526, ,166,200 Total100.02,258,4001,592,00

Foreign aid The U.S. gives a lot of foreign aid. Although other places give us money to help us out we give supplies, money, donations, and lots of help to them.

Solutions… Pros  More money to help citizens not just military. Cons  Military will have less resources.  Companies may lose more business and money.  Some places may go bankrupt or out of business. ① Cut down military funding and worry about the economic situation we are in.

Solutions… ProsCons More money to help pay off debts owed.. Companies may lose more business and money. Some places may go bankrupt or out of business. Stop spending money on things we have less use for.

Solutions… ProsCons If we keep over producing things that we don’t need we are wasting money. More money to help citizens not just military. Companies may lose more business and money. Some places may go bankrupt or out of business. Cut down productivity on certain items, foods, buildings

The best solution Pros More job opportunities for U.S. citizens. Provide jobs that can help bring communities together. Increased productivity leads to better results. Help improve our countries economy as well as our own financial situations. o Hard Labor

CREDITS Thanks to these cites for the information!