US Debt Paper
-
Upload
margarita-arnold -
Category
Documents
-
view
225 -
download
0
Transcript of US Debt Paper
Jkyakyf}k Kynd`m
EHD 93;*;Q3\ XU ;9
U.X. Mei}
D|ey }ge skx} hen}uyv, U.X. gkx iehdje k qdy`m `ekmey fn }ge fn}eynk}fdnk` ehdndjv kx
qe`` kx k mei}dy }d }ge qdy`m. Qe kye mesenmen} dn fn}eynk}fdnk` }yknxkh}fdnx qf}g d}gey hdun}yfex
jdye }gkn qe kye mesenmen} dn duy fn}eynk` }yknxkh}fdnx, dy duy AMS. U.X. fx dne dl }ge }qd
hdun}yfex }gk} fjsdy}x df`, }ge qdy`m—x jdx} fjsdy}kn} sydmuh}. ]ge d}gey fx Hgfnk. K`jdx} gk`l dl
duy Ldy}une 533 Hdjsknfex jkbe }gefy jdnev d|eyxekx, knm gk`l dl duy mei} fx `fex fn }ge gknmx
dl ldyefan fn|ex}dyx. Qf}g ldyefan fn|ex}dyx, }gfx jeknx }gk} gk`l dl duy hksf}k` jkme d|eyxekx fx
lunmfna duy mdjex}fh ehdndjfh aydq}g. 'Bfeynkn, 863& Qf}g duy `kyae ldyefan mei}, hyuji`fna
ad|eynjen}, knm yksfm`v me|e`dsfna xjk``ey hdun}yfex, duy ehdndjv jux} ie yex}yuh}uyem kakfn
}d jkfn}kfn knm `ekm ehdndjfh aydq}g fn }ge qdy`m ldy }ge new} }qd mehkmex. ]ge U.X. ehdndjv
jux} }fag}en }gefy iumae}x, bees fjs`ejen}fna jdne}kyv sd`fhv }d bees aydq}g adfna, fjs`ejen}
hdyyeh}f|e jekxuyex d|ey }fje, knm kmmyexx }ge }fje `kax }gk} ad qf}g lfxhk` sd`fhv.
Unf}em X}k}ex gkm odfnem }ge qdy`m fn }ykme, }gux ye`vfna dn a`dik` me|e`dsjen}x knm
a`dik` }ykme ldy duy dqn kiunmknhe knm kmgeyenhe. Qe kye ndq `fbe d}gey hdun}yfex, qf}g a`dik`
}ykme unmey }gefy ie`} fn gfx}dyv. ‐Hkyyfem iv }ge mejdayksgfh }xunkjf hyek}em qgen }ge „ayek}ex}
aeneyk}fdn— ye}uynem lydj }ge qky, }ge U.X. ehdndjv lue`em }ge yeiuf`mfna dl Euydsekn knm
Kxfkn nk}fdnx‚ 'Qgk`en, 81&. Qe gk|e akfnem xd juhg lydj a`dik` me|e`dsjen}, qf}g duy
hdun}yv `ekmfna }ge qdy`m xfnhe QQFF. Qe neem }d bees suxgfna, knm qdyb gkymey }d yeme|e`ds
duy dqn hdun}yv qgf`e k} }ge xkje }fje beesfna us qf}g a`dik` kllkfyx knm iefna nujiey dne.
Qf}g ewsdy}x knm fjsdy}x, hdje ienelf}x knm hdx}x. Fjsdy}x gd`m fnl`k}fdn k} ikv iv
hdn}kfnfna syfhex k} gdje, knm ewsdy}x ge`s qdybeyx }d ie xsehfk`fzem k} gdje knm iyfna us
fnhdje. Hdjse}f}fdn ie}qeen hdun}yfex jkbe U.X. md }ge iex} }gev hkn, }d x}kv dn }ds knm
hdjfna du} qf}g neq }ehgnd`dav. ]ge hdx} dl a`dik`fzk}fdn, qdybeyx dn }ge `dq enm dl }ge }d}ej
sd`e jkv ie `dxfna odix kx qe`` kx khhes}fna `dqey qkaex, qgfhg yexu`}x fn `dqey fnhdjex ldy }ge
yex} dl }gefy hkyeeyx.
Kx x}k}em, U.X gkx iehdje kixdyiem fn}d }ge a`dik` }ykme, knm qe gk|e `dx} hdn}yd` dl duy
fnmesenmenhe knm iehkje |u neyki`e }d duy mei}x. ‐Qe gk|e yun `kyae }ykme melfhf}x ldy }gfy}v
vekyx. Kx k yexu`}, qe gk|e iehdje iv lky }ge qdy`m—x `kyaex} mei}dy hdun}yv. Duy aydxx ldyefan
mei} }d}k`x kidu} -98 }yf``fdn knm du} ne} ldyefan mei}, e|en kl}ey }kbfna khhdun} dl duy |eyv `kyae
'jkfn`v syf|k}e ge`m& kxxe}x kiydkm, fx kidu} -9 º }yf``fdn 'Ieyax}en, 8=7&.‚Duy mei} fx dqnem iv
Hgfnk, Yuxxfk, knm Jfmm`e Ekx}.‚ 'Ikyidzk& Duy fnkif`f}v }d yexd`|e duy mei} hyfxfx knm duy
iumae} melfhf}x jkbe ux xeej jdye unx}ki`e fn }ge qdy`m, knm jkbe duy `dna }eyj hyemf} yk}fna
mfs fn }ge qdy`m jkybe}.
]ge U.X gkx yek``v ‐`e} ad‚ dn }ge gdje lydn}. Duy emuhk}fdn xvx}ej lydj ldunmk}fdn }d
gfag xhgdd` gkm hyujs`em. Qe kye nd `dnaey hdjse}f}f|e fn }ge qdy`m, iu} x}kankn}. Qe kye nd
`dnaey }ge `ekmey fn fn|en}fna qdy`m }ehgnd`dav, ndy beesfna us kx qe``. Qe md nd} enhduykae,
ndy jkbe kn elldy} fn jkbfna duy lu}uye aeneyk}fdnx `ekyn kidu} duy mei} knm }ge lu}uye dl duy
nk}fdn. K`xd qe md nd} xk|e, ndy }ekhg duy lu}uye aeneyk}fdnx kidu} xk|fna jdnev knm sydsey`v
fn|ex}fna fn hksf}k` fn duy gdje lydn}. ‐Duy lu}uye kx k nk}fdn qf`` ie myf|en kx juhg iv }ge
id}}dj jf``fdn… kx f} qf`` k} }ge }ds. ]ge id}}dj jf``fdn hkyyfex }ge ayek}ex} `fbe`fgddm dl
mydsdu}x, }een syeanknhv, kyyex}x, knm fnhkyheyk}fdn 'Bfeyjkn, 8=1&.‚ ]ge U.X. neemx }d xsenm
}fje k} gdje, knm fjs`ejen} hdyyeh}f|e jekxuyex }d }ge emuhk}fdn xvx}ej geye ldy }ge lu}uye
aeneyk}fdnx. K leq qkvx }d md }gfx fx? yeqkym kmjfyki`e x}umen}x qf}g xhgd`kyxgfsx }d hd``eaex
'}gev kye }ge lu}uye `ekmeyx&, dsen jdye hgky}ey knm syf|k}e xhgdd`x2 jkbe emuhk}fdn }ge iex} fn
}ge qdy`m, qgfhg jeknx hdjse}f}fdn. Qe neem }d hu} ‐i`dk}em xdhfk` qe`lkye sydaykjx‚
'Ikyidzk&. Vdunaey aeneyk}fdnx neem }d hdjse}e knm bndq }gk} }gev gk|e }d ie }ge iex}.
Hdnxujs}fdn fx enhduykaem iv }ge U.X. iv uxfna, uxfna, knm xsenmfna. ‐Kjeyfhknx qf``
ad }d ]kyae} knm Qk`jky} knm xsenm dn ikax dl bf}}v `f}}ey jkme iv hgf`m `kidy fn Hgfnk
'Aedageakn, ;=&. Qe }ekhg nd} }d hkye kidu} eneyav, xk|fna, knm sd``u}fdn. Duy }ekhgfnax dn`v
fnh`ume hdnxujs}fdn knm xsenmfna. ]gfx fx qgv }ge U.X. gkx fandykn}`v enhduykaem ‐ldd}`ddxe,
ju`}fnk}fdnk` hdjsknfex‚ }gk} fn|ex} geye knm fn d}gey nk}fdnx. 'Ieyax}en, 8=6& Dne dl }ge
xd`u}fdnx ldy }ge U.X. fx }d }fag}en }ge iumae}, knm bees }ge jdnev fn hdjsknfex }gk} kye en}fye`v
|ex}em fn }ge Unf}em X}k}ex dn`v. ]ge U.X. jux} fn|ex} fn xjk`` `dhk` iuxfnexxex, dy fn k hdus`e dl
mehkmex U.X. qf`` nd} gk|e knv xjk`` iuxfnexxex }d fn|ex} fn.
Qgf`e }ge U.X. ehdndjv fx mfssfna, ejeyafna hdun}yfex xuhg kx Hgfnk, Yuxxfk, knm Xkumf
Kykifk kye }kbfna f}x s`khe. ]gexe ehdndjfex md nd} gk|e }d x}ky} d|ey qf}g }ge iddj dl jeyafna
}ehgnd`dav. Qgv4 ]gev hkn x}ek` duyx, ie dn }ge xkje `e|e`, knm jd|e kgekm. ]ge neq
ehdndjfex gk|e ‐sd`fhv syfdyf}fex }gk} kye |fy}uk``v dssdxf}e }d duyx‚ Qe lfnm qkvx }d enhduykae
knm xseem aydq}g, iu} duy mei} ldyhex ux }d gk|e k yex}yfh}f|e jdne}kyv knm lfxhk` sd`fhfex. ]ge
neq aydqfna hdun}fex gk|e }d kh}uk``v gfnmey }gefy me|e`dsjen} xd }gev qf`` nd} gk|e fnl`k}fdn2
iu} }gev hkn xseem us }gefy me|e`dsjen} fl }gev gk|e }d, mue }d }gefy ‐x}ydna lfxhk` knm jdne}kyv
sdxf}fdnx.‚ 'Ieyax}en, 853&
Fn dymey ldy }ge U.X }d ae} du} dl mei}, k`}gduag f} qf`` ie k x`dq sydayexx qgfhg qe qf``
nd} xee fn duy `fle }fje, U.X. jux} fjs`ejen} ewsknxfdnkyv jdne}kyv knm lfxhk` sd`fhfex. Duy
iumae} melfhf}x knm nk}fdnk` mei} gk|e yfxen {ufhb`v, qgf`e ejs`dvjen} gkx yfxen x`dq`v.
Fn|ex}jen} fn duy hdun}yv, yk}gey }gkn kiydkm jux} ie fjs`ejen}em. ‐Ldy Bevnex }ge bev }d
ae}}fna }ge yfhg }d fn|ex} fn `kidy dl hdnx}yuh}fdn dl muyki`e kxxe}x qkx }d gd`m mdqn }ge qfnmlk``
ye}uynx lydj `dknx, iuvdu}x, knm lfnknhfk` xsehu`k}fdn* }ge fnhdje ge qdu`m hk`` „fn}eyex}—‚
'Aedageakn, ;5&.
]geye fx nd fnx}kn}knedux lfw }d }ge U.X. ehdndjv. Qe jux} }ekhg }ge sui`fh }gk}2 duy
sui`fh fx hdjk}dxe kx qgk} fx kh}uk``v gkssenfna. ]gev kye }dd iuxv qykssem us fn xdhfk` Jemfkx
xuhg kx Lkheiddb knm ]qf}}ey. ]ge Jemfkx kye mexfanem }d bees seds`e ldhuxem dn }ge `fex, nd}
}ge }yu}gx. ]ge U.X. emuhk}fdnk` xvx}ejx gk|e }d ie hgknaem fn dymey }d kh}uk``v }ekhg }ge
vdunaey aeneyk}fdnx kidu} mei} knm a`dik` kqkyenexx. Duy ehdndjv gkx }d ie lfwem lfyx} iv
fjs`ejen}fna jdne}kyv sd`fhv knm jkbfna xuye }gk} }geye kye nd }fje `kax fn kmjfnfx}yk}f|e
kh}fdn. Unf}em X}k}ex neemx }d su} }ge jdnev fn}d Jkfn X}yee}, nd} Qk`` X}yee}.
Qdybx Hf}em
Bfeynkn, Se}ey M. Iehdjfna Hgfnk!x If}hg. Neq Vdyb? ]uyney, 93;9. Syfn}.
Aedageakn, ]gdjkx. )Qgk} Qdu`m Bevnex Md4) Nk}fdn ;1 Dh}. 93;;? ;;*;1. Syfn}.
Ikyidzk, Mk|fm, knm Gfydbd ]kiuhgf. )Hgfnk X}ydna`v Hdnmejnx U.X. !Kmmfh}fdn }d Mei}x.!)
Neq Vdyb ]fjex 7 Kua. 93;;? n. ska. Syfn}.
Qgk`en, Hgyfx}dsgey. )U.X. Mei} Hu`}uye knm }ge Md``ky!x Lk}e.) Nk}fdnk` Fn}eyex} Jkv*Oune
93;9?89*=9. Syfn}.
Ieyax}en, Lyem. )U.X. Ehdndjv? Ievdnm k [ufhb Lfw.) Hgku}ku{uk @eh}uye Xeyfux. Hgku}ku{uk
NV. ;9 Kua. 93;;. Kmmyexx.