Sign In
Not register? Register Now!
You are here: HomeEssayBusiness & Marketing
Pages:
1 page/≈275 words
Sources:
Level:
APA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.32
Topic:

Future of Social Security and Medicare Users (Essay Sample)

Instructions:

The topic of the study according to the instructions was "How and why the U.S.'s deficit, surplus, and debt affects Future Social Security and Medicare users"
The essay sought to establish how economic deficits, surpluses and debt affects execution of services with particular reference to future social security and medicare users.
The main objective of the study was to identify the principle effects that each of the conditions to social security and medicare users in the nation.

source..
Content:

How and why the U.S.'s deficit, surplus, and debt affects Future Social Security and Medicare users
Name
Institution
How and why the U.S.'s deficit, surplus, and debt affects Future Social Security and Medicare users
An economy that operates under huge deficits, surpluses and debts affect the stakeholders in one way or another. Such economies expose individuals and companies to severe economic complications that compromise their capacity of acquiring crucial services. This is evident since the conditions reduce the economic stability of the nation, GDP strength, currency value, financial reputation, and operations in every sector of the economy (Whitehouse, 2010). In US, the consequences of deficits, surplus, and debts affect various groups of taxpayers that include Medicare users, students, exporters, future social security, and unemployed individuals.
The huge deficits and debts the US is experiencing are attributable to the increased unbudgeted spending in diverse sectors that include Social security and insurance scheme for the disabled. The increased expenses in the sectors have made the nation face serious financial challenges due to the increasing deficits and debts with minimal surpluses (Whitehouse, 2010). The extreme economic conditions explain why the future social security and Medicare users should embrace themselves to challenging times ahead.
Indeed, taxpayers in US that include Medicare and social security users have been feeling the pinch of the US economic situation. The increase in overspending has created an imbalance in the economy that in turn is leading to the utilization of the available resources in the sectors in financing other activities. The use of the resources has reduced the amount of money available to facilitate effective service delivery. The unfolding events have resulted in inferior service delivery in the sectors, lack of medical equipments in hospitals, unemployment, and reduced social cover (Whitehouse, 2010). In particular, the taxpayers no longer receive standardized services as before in a timely manner. The level of responsiveness to their issues is also worrying lately. Variably, the meltdown has forced job cuts in various institutions providing Medicare and social security servi...
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:

Other Topics:

  • Global Business
    Description: Effects of Globalization to modern business environments with a view of a specific business settings....
    6 pages/≈1650 words| APA | Business & Marketing | Essay |
  • Value of Diversity in Teams
    Description: The sample has demonstrated that diversity is not only beneficial to a team but is an essential ingredient for a team's success....
    3 pages/≈825 words| APA | Business & Marketing | Essay |
  • Customer Quality
    Description: For every organization, the customer is always the most important aspect of a business. This means that there is need to maintain a reasonable degree of the services they are offered...
    1 page/≈275 words| APA | Business & Marketing | Essay |
Need a Custom Essay Written?
First time 15% Discount!