How Do We Solve The U.S. Debt Crisis?

How Do We Solve The U.S. Debt Crisis?

With the presidential election just months away, our nation’s leaders seem to be at a standstill, as politicians avoid sticking their necks out too far on polarizing issues for fear of losing votes. Without a doubt, one of the biggest challenges facing the nation right now is the growing U.S. budget deficit. Knowing that my generation will carry the burden of this debt load, I’m becoming increasingly concerned about finding a solution for this problem.

This week’s poll at beefmagazine.com wants to hear from you on this subject.

What’s the best way to fix the U.S. budget deficit?

So far, an overwhelming 70% of you say the best solution is to cut spending. Only 1% think raising taxes is our best bet, while 29% believe both cutting spending and raising taxes is the best route to solving our nation’s debt problem.

VOTE HERE.

What’s your take on the issue? If you are a proponent of cutting spending, where should we tighten our pursestrings? If you believe taxes should be raised, who should the increased taxes fall upon?

More importantly, what do you believe our elected officials will decide? Who should lead our nation out of this debt problem in 2012 and beyond? Do you predict agriculture will take an unfair hit as our nation’s leaders attempt to solve the U.S. debt crisis?

 

TAGS: Regulatory
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