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The Debt, outline of Canada's economic crisis, an economic catastrophe

Date Submitted: 07/01/2003 10:00:06
Category: / Business & Economy / Economics
Length: 3 pages (871 words)
Few national economic issues have generated the same kind of concern as has the federal debt problem of Canada. There is a pressing need for long-term policies to lift Canada out of the national debt hole it is in. Eliminating the debt will not only free up money being spent on interest and reduce taxes, but make Canada a more feasible place for future generations to live and work. Interest on the debt has eroded …
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…to live within our means, and understand that we can no longer spend money we do not have. "Some debts are fun when you are acquiring them, but none are fun when you set about retiring them." (Ogden Nash) Bibliography Emerson, Ralph Waldo. Quotation Homepage: http:www.lexmark.com/data/quote-21.html. Nash, Ogden. Quotation Homepage: http:www.lexmark.com/data/quote-21.html. Roosevelt, Franklin Delano. Quotation Homepage: http:www.lexmark.com/data/quote-21.html.
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