National Deficit and National Debt Essay - 982 Words

The growing national deficit is a looming problem in the United States now more than ever. The national debt is constantly increasing and government spending is out of control. If these issues are not solved then they could spell disaster for the nation’s economy when the infamous debt ceiling is finally reached. Currently the national policy on the debt is to continue raising the debt limit until a solution is found that is agreeable between both parties in Congress. The two main issues of over spending and the constant raising of the debts ceiling by Congress can both be resolved by government spending reform, balancing the federal budget and initiating pro-growth policies in order to increase the government’s tax revenue. The debt†¦show more content†¦The other issue that is facing the American government is overspending. Overspending is a pertinent problem facing the lawmakers in Congress. In 2012 discretionary spending reached $1.3 trillion and mandatory s pending $2 trillion, while only bringing in $2.5 trillion in revenue. Since the turn of the century back in 2000, non-mandatory spending by the government has topped out a whopping $16.1 trillion just in the past 13 years (Boccia, Frasser Goff 2013). This persistent overspending on programs and services that are not necessary to the functionality of the country is what is causing the deficit to rise year after year. To remedy this issue the government must either increase the revenue it brings in through taxes and trade or reduce the amount of money it spend or perhaps even both. In 2012 thirty-one cents of every dollar that Washington spent was borrowed (Boccia, Frasser Goff 2013). Most of which went to large programs such as Social Security and Medicare and if these large, growing programs, or just the budget in general, do not undergo financial reform it could spell disaster for the economy and fiscal state of the nation. Government spending in the United States needs to change and it needs to change soon. As mentioned earlier, in 2012 nearly a third of governments budgetShow MoreRelatedFederal Deficit And The National Debt1661 Words   |  7 Pagesyears of the federal deficit and the national debt, as well as examination their relationship. This paper also looks at how the deficit is created and dealt with, along with what happens to different areas of the economy when the deficit’s size changes. Lastly this paper covers who owns the national debt, how these people are paid off, and the interest rate of the debt. 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Public policy is defined as a â€Å"system of laws, regulatory measures, courses of action, and funding prioritiesRead MoreThe Federal Budget Deficit And National Debt870 Words   |  4 Pages The Federal Budget Deficit and National Debt Basically, what the federal budget deficit is a shortage of funds that are available for the government, where more money is being spent than what the government receives. But, national is where the government borrows money through various ways. The data for national debt and federal budget deficit from the year 2001-2013 is given in the chart above. As we can see in the graph, the deficit is still remains in our economy even though there hadRead MoreFederal Budget Deficit And The National Debt1524 Words   |  7 Pages These two graphs are dealing with the federal budget deficit and the national debt and just how diverse they are from the time differences with both begging approximately in the 2001’s and making their way to 2013. Different types of numbers, but the relationship between the Federal budget deficit and the national debt is by how the Deficit deals with taking the difference of what the U.S. government gets in from taxes or other revenues calling these receipts, but on top of that the amount of moneyRead MoreThe Federal Budget Deficit And The National Debt747 Words   |  3 PagesAlvarado ECON 2301.SY2 The Federal Budget Deficit and the National Debt The United States national debt is large. The U.S. Debt-to-GDP ratio has grown to over 60 percent in recent years. We are more than $15 trillion in debt. In this paper I will address the federal budget, the United States debt, and the resulting impacts on society in several sectors. In our textbook, â€Å"Principles of Macroeconomics,† the relationship between debt and deficit is described. 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The difference between the two is that while the national debt is getting bigger the federal deficit (as of 2014) is increasingly becoming less. As of last year it was said that the Obama administration wasRead MoreBudget Deficit And Its Effect On The National Debt1403 Words   |  6 Pagesgovernment can use the surplus revenue to pay off the national debt. The budget deficit is the annual amount the government has to borrow to meet the shortfall between current receipts (tax) and government spending, for example by the end of 2009-10 our annual deficit was  £170.8 billion. The argument of the chancellor is that with national debt ‘unsustainably high’ periods of economic growth should be taken as an opportunity to pay down debt and reduce the burden for future generations. To analyseRead MoreAnalysis Of The Federal Budget Deficit And The National Debt1642 Words   |  7 PagesTHE FEDERAL BUDGET DEFICIT AND THE NATIONAL DEBT Morgan Sibley The Federal budget deficit is the amount of spending by the Federal government that is in excess of how much money the government brings in annually. While the Federal budget deficit has steadily decreased overall during the past fifteen years, our Federal debt continues to grow at a drastic rate. A review of how the Federal deficit has evolved over the past fifteen years, the rate of growth of the Federal debt during that same periodRead MoreA National Debt Is The Difference Between The Government s Budget And Deficit And The Expenditures1291 Words   |  6 Pagesway, a national debt is the difference between the government’s budget/deficit and the expenditures. The U.S. federal debt was set up by the first Treasury Secretary, Alexander Hamilton. Our initial debt incurred during the American Revolutionary War. Over the following 45 years, the debt grew. Although, the national debt actually shrank to zero by January 1835, under President Andrew Jackson, it quickly grew into the millions again, soon after. The American Civil War resulted in dramatic debt growth

Comparing Nietzsche And Freud On Crime And Punishment

Conception of civilization in Nietzsche and Freud in relation to crime and punishment Nietzsche critiqued modern civilization since the entire scheme of modern society went against his philosophy. Nietzsche was afraid modern society and religion would bring the individuals to nihilistic voids, as they would eventually turn into uninteresting herds of controlled animals. Nietzsche wishes the individuals to achieve self-awareness, in that individuals would act upon themselves for what they truly want, instead of following the social construct. This state of achieving the higher self was defined as being the â€Å"overman†, which was achieved by redefining one s world, in a purely personal manner. Thus in some sense, Nietzsche would agree that great men are â€Å"criminals† since they act in a way that is not deemed â€Å"good† in society and stay true to what they desire. As Nietzsche states, â€Å"A rebel can be a miserable and contemptible man; but there is nothing contemptible in a revolt as such--and to be a rebel in view of contemporary s ociety does not in itself lower the value of a man. There are even cases in which one might have to honor a rebel, because he finds something in our society against which war ought to be waged--he awakens us from our slumber† (The Will to Power, pg 391). However, the state often suppresses these â€Å"criminals† from acting as the overman by demanding rules, which create fear and guilt and prevent individuals from heightening oneself and also preventShow MoreRelatedOrganisational Theory230255 Words   |  922 Pagesorganizational democracy: a challenge to managerialism? Destabilized capitalism Employee alienation as the key problem Conclusions 387 392 395 399 401 404 405 408 412 413 414 416 421 Chapter 10 Perspectives and challenges Introduction Comparing the different perspectives A modernist perspective A neomodernist perspective A new-wave perspective A postmodern perspective A reflective perspective A critical theory and psychoanalytic perspective A managerialist perspective The paradigm debate

A comparative study of the regions Free Essays

A comparative study of the regions –Bordeaux and Burgundy Wine as an alcohol beverage is made by a complex and fascinating process, which includes pressing the fruits or berries, fermentation the Juice, then through chemicals composed of certain kinds of alcohols, pigments, vitamins, sugar, several minerals and more than 22 organic acids (Maynard 1965). Bordeaux and Burgundy are two of the most well-known and fabulous regions of France. Those top French regions have a long history, strong culture of wine and also possess a large amount of the most famous chateaus. We will write a custom essay sample on A comparative study of the regions or any similar topic only for you Order Now However, Burgundy and Bordeaux regions both have he their own unique characters and styles of the wine. In addition, the varieties of grapes for making wine also differ a lot. The grape and the certainly of style, quantity and quality of the wine is enormously influenced by weather events occurring in every growing season, terrain and so on. This essay provides a brief overview of the difference between Burgundy and Bordeaux region from a geographical, cultural and winemaking point of view. In addition, it also discusses a specific type of grape, which is Pinot Noir, and the reason why it is the main red grape in Burgundy and not Cabernet Sauvignon. Since the first century AD, Bordeaux began to plant grapes along with the wine industry in this region began to develop as well Geoff 2010). Bordeaux is located in the southwestern region of France, north of the Quatrain region and near the Atlantic coast. The river Gardener divided the Bordeaux city into two parts, the east is the right band and the other side in the west is left bank, due to the bend of the river location. The left bank contributes to wine business trading, since streaming outside the bend. It contributes to business transactions because the river formed a deep enough arrow to allow the passing of merchant ships, which used to dock and offload alongside the river. Even tough chateaux in this region produced the largest amount of first-rate wine than the other worldwide of winemaking. However, the quality of the wine varies year-to-year, even season-to-season and uncertainty about the vintage, which attribute to the geographical region. Bordeaux region is located between west longitude | 0 17 â€Å"to the east longitude 0 0 19† and north latitude 44 0 48 â€Å"to 45 0 35†, which belongs to temperate maritime climate with hot summers and cold winters without extremes of temperature (Holiday Weather 2014). Figure 1 and figure 2 respectively show the average minimum and maximum temperature over the year and average monthly precipitation over the year (rainfall, snow) in Bordeaux. Figure 1: World Weather and Climate Information, 2013, Average minimum and maximum temperature over the year, World Weather and Climate Information, viewed 3 April 2014, http://www. eather-and-climate. com/average-monthly- Rainfall-Temperature-Sunshine,Bordeaux,France Figure 2: World Weather and Climate Information, 2013, Average monthly precipitation over the year (rainfall, snow), World Weather and Climate Information, Rainfall-Temperature-Sunshine,Bordeaux,France In the mild and humid springtime from March to May, it provide s sufficient supply of moisture for early growth grapes. However, too much dampness might be a major problem. The most serious one was in 1991, which had a very high humidity, the vines appeared gray mold and betroths mold, resulting in greatly reduced in wine production (Bill 2014). Summers in Bordeaux are usually filled with a good level of sunshine and heat, but not excessive high temperature due to proximity to the Atlantic Ocean. The climate becomes chilling and one could see quite a bit of rain falling in heavy showers since September. Cold rain and strong breeze usually hit the region in January. During the winter, cold winds from the Atlantic often blow into the vineyards and might damage the vineyard, but forested hills and ridges in Bordeaux also played essential role to slow down the strong winds or change the direction much more. The geology of this area contains several kinds of soil, which comprises of gravel, clay and limestone. Among them, the mountain area is gravel soil. The Gardener flows through the Bordeaux region, which offers the irrigation water. In addition, the region s in the temperate maritime climate zone, which provide the fantastic geographical condition for planting grapes. Also, Burgundy has a good long lasting reputation as early as Roman times and is one of the oldest wine regions (Wine Guide 2013). The wine industry has been developed vigorously, since Charlemagne began large-scale cultivation of grapes. Burgundy is located in the northeastern inland France, between Dijon and Lyon, which is a more northern location than Bordeaux. Figure 3: Chew Nouns, 2013, Average temperature and rainfall for Burgundy, the Direct Route to the Real France, viewed 4 April 2014, It longs to a typical continental climate. However, the range of temperature changes a lot as the altitude and latitude vary due to the strip-shaped of Burgundy. The temperature in the southern part is slightly higher (roughly two degrees on average). From April to October, the temperature is relatively high but not too hot. It could reach the highest temperatures during July and August along with the rainfall averaging mom per month, then the temperature turns cold in the autumn, a mom increase in the monthly rainfall on average, and accompanied by thunderstorms. In old winters, the rainfall decreases to mom per month on average. This is not the optimum condition for planting grapes, by right, along with the location in the central mountain of France. The really high latitude is inappropriate for growing grapes. However, Burgundy has cultivated and brewed such a lot of good variety of grapes and wine. The reason is that most of the Burgundy vineyards are located in the south or south-facing gentle slope, which is better resistance to the frost damage and avoid the mistral, and use the thermal from the sun effectively. Those reasons make Burgundy better in planting grapes. Another main factor is the soil, which plays an important role in wine planting. The terrain feature of Burgundy present strip-shaped from north to south, which contributes to big differences in style between the north and south. The northern Chablis region is close to limited terrain condition of viticulture. In Burgundy, the origin of geology and the chemical structure of soil are diversified from the north to the south. However, there is still a certain unifying feature on geology and soil structure, which its sedimentary soil makes up of clay, marl and limestone. The structure has been formed for fifteen million years since the Jurassic time. In addition, the composition of soil in Burgundy is varied, but mainly is calcareous soil. This kind of soil is most favored by Chardonnay and Pinot Noir. The elite position of those vineyards is located in the Golden Hill area, on the sunny eastern-facing slope. Although, in the fascinating world of wine, both Bordeaux and Burgundy have a long history in winemaking since at least 500 BC and strong wine culture, but different cultural and historical backgrounds created different traditions and ideas, resulting n two different kinds of great French wines. Classification system between Burgundy and Bordeaux region are the major difference related to culture. Since 1855, Bordeaux has been classified based on price, while Burgundy has been classified based on terror (Benjamin 2010). In the year of 1855, two events established contrasting styles for classifying and ranking wine, and the results have reverberated ever since. The classification of the Medic wine is the most noted one, which not only set out the classification of wine in the left bank, also made classification based on price for all Bordeaux wines. Burgundy region is entirely based on the location and nature of the vineyard terror to divide and decision levels, so only the best vineyards as to geographical conditions as the highest level. Another event is less known, which occurred in the same year. Livable issued a map of every single vineyard in Burgundy which displayed details from Santayana to Dijon, grading them T ©et De Cup ©e, Premiere, Dioxide ©me and even Troops ©me Cup ©e (Benjamin 2010). In 1936, the map of C ¶et door was updated more than 400 appellations when the appellation control ¶l ©e system was announced. Now in Burgundy, every vineyard has TTS place in a hierarchy classified in descending order of quality from Grand Cru, Premier Cru, Village wine, to Generic Burgundy. These account for 2%, 10%, 36% and 52% of the total production of wines in Burgundy respectively (Tim 2014). The elite part of the region is the Grand Crush. Those are the best-known vineyards and labeled solely with their names of the producer. Not every Grand’s Crush are equally quality, but most of them are normally the finest and relatively expensive wines in Burgundy. Another interesting difference refers to culture between Burgundy and Bordeaux is he shape of the wine glasses. The correct wine tasting glasses could enhance a fine wine to bring out the flavor, highlighting its features and keeping it in balance. Due to the different characteristics of those two regions, choosing wine glasses should not be the same as well. Bordeaux-styled wine glasses are usually a large, tall bowl, which is shaped like a tulip. This kind of glasses is ideal for heaps of full body red wine, especially for Bordeaux wines. Because Bordeaux wines are generally is a bit high acidity and more tannin, the curvature of the glasses could appropriate control he speed of tasting rather than the vertical shaped glasses. Otherwise, the Burgundy red wines mainly from the Pinot Noir, which are quite fragrant, fruity and seductive. Spherical shape glasses with a wide and large bowl could make the aroma of Burgundy wine expand up toward your nose, enhance the complex aromas of the wine. Also, due to the high acidity of the wine, the glasses usually have a slightly flared opening to direct the wine toward the tip of your tongue, accentuating the sweetness of the flavors. From the winemaking point of view, each region has its own feature and attractive Tyler. The variety of grapes, color and tasting are three major aspects when talking about the difference between Burgundy and Bordeaux region. The first difference is the raw material, which is related to the variety of grapes. Bordeaux wines usually make up with a multiple verities of grapes. Winemakers in Bordeaux believe that the taste of each simple grape is not perfect, and therefore require the deployment of different varieties mixed together to complement each other in order to enhance the flavor. In addition, Cabernet Sauvignon and Merlot, brewed together with one or overall other varieties of grapes, basically dominate this region of wines. Nevertheless, winemakers in Burgundy love making wine through one single variety of grape, small-scale production and packaging. Pinot Noir dominates most of them. The second major difference is the color from appearance. As to the red wine, the color is from the skin of the grape. Due to the difference of dominant grapes, the colors of the wine from those two regions differ. The skin of the Cabernet Sauvignon is thicker than Pinot Noir. Hence the color of wines from Burgundy region seems to lighter by contrast to Bordeaux wines. The last distinguishing factor is the taste. Differences in varieties result in difference taste. As tannin is the main factor, which constitutes a main structure of the wine, Bordeaux wines, which mainly make up with Cabernet Sauvignon, have strong astringent taste, due to thicker skin. By contrast, Burgundy wine has more sour and fruit flavor, but less tannin. This is because Pinot Noir has full and rich fruity flavor and thinner skin. Lastly, the main variety of the grape used to making wine is different as well. In Bordeaux, Cabernet Sauvignon, Cabernet Franc, Merlot and Petit Overdo are the four main red grapes. The majority of the wine production in Bordeaux is red wine, which account for 4/5 of the total production. While Pinot Noir is the dominant red grape in the Burgundy region, Semicolon, Sauvignon Blank and dense Is Kodak are the representative while grapes of Bordeaux, where produce the best and most expensive red wine and sweet wines in the world. In addition, the quantity of the dry white wines is particularly outstanding. Alighted and chardonnay are two main white grape varieties in Burgundy. Generally, the wine is made based on one single variety of grapes in Burgundy. Pinot noir is the main red grape in Burgundy. Compared to Cabernet Sauvignon, which is strong adaptability to the surroundings and low cultivation cost, Pinot Noir is one of the grapes that winemakers need to carefully take care. A glass of good quality Pinot Noir Burgundy wine will bring people unparalleled fantastic feeling. Because of this, the world’s most ambitious wine producers were keen to plant this uncertain nature feature grape. However, not every wine region could possession Pinot Noir like The first reason why Pinot Noir the main red grape in Burgundy and not Bordeaux traces back to 4th century AD (Imprint 2011). There is an evidence that at that time, Pinot Noir was already planted in Burgundy. Pinot Noir used to name ‘Morrison Noir’ at an early time. Later in 14th century, with related record in Burgundy, a name called ‘Pinot Noir’ had already been described. The fate of Pinot Noir is related to Burgundy inevitably. The second essential reason is the favorable growing conditions. Pinot Noir usually germinate earlier than other varieties, hence vulnerable to spring frost consequently, stop growing after flowering. Therefore, it is best not to plant Pinot Noir in low-lying, damp and cool place. The average temperature in Burgundy is higher and the infill precipitation is lower than Bordeaux, which is more appropriate for Pinot Noir growing. As for Cabernet Sauvignon, which is late maturing variety, a mixture of gravel and chunks of quartzite soil is more appropriate for Cabernet Sauvignon. This is due to the heat transfer of gravel and drainage that is relatively good, more suitable for the late, maturing variety. The geographical condition of Bordeaux might be the good choice for Cabernet Sauvignon to grow. Theoretically, the production of Pinot Noir is quite low, but in Burgundy, the clone technology contribute to the improvement of the production during the sass and he early sass. Comparing with other majority of grape varieties, this variety is more vulnerable to various kinds of mold and easier to rot, but also more vulnerable to viruses, especially grapevine fan leaf virus and grapevine leaf roll virus (Edison 2002). This is because the skin of the Pinot Noir is thinner than others. In fact, due to the spread of the disease in Burgundy vineyard, thereby, the clone of Pinot Noir is quite promoted in sass. Hence, Burgundy has a more advanced technology of planting and cloning Pinot Noir than Bordeaux. Thirdly, generally speaking, Pinot Noir from the limestone soil are usually with good laity. In the relative cold climate, this early ripen grapes generally ripen a bit late along with lack of aroma and the acidity is not enough. For example, in Burgundy, they both plant Pinot Noir and Cabernet Sauvignon. In some years, the Pinot Noir might ripen later than Cabernet Sauvignon, but in some years, Cabernet Sauvignon might ripen later than Pinot Noir. There is a consensus that the brew of Pinot Noir is much harder than Cabernet Sauvignon. This is because in the process of the brewing, it is required to constantly monitor and alter the technology of winemaking according to the different needs each year. Due to the geographical reason, which is strip-shaped, most of the vineyards in Burgundy are smaller area and operation on a smaller scale than Bordeaux. Therefore, the small-scale vineyard is good to take care of Pinot Noir and manage the vineyard in order to produce more good quality grapes. As the two of the most famous wine region in the world, it is admitted that both have a long history of wine and a strong wine culture. But in some aspect of geographical, cultural and winemaking, they still have some differences between those two. However, with no doubt, the wine from the Bordeaux and Burgundy region are fascinating and tasty aromas. On those two pieces of land, stand the world’s most famous wineries. How to cite A comparative study of the regions, Papers