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Crisis Thesis Statement: The most significant causes that began the National Debt Crisis started with making bad decisions during the Bush Administration, yet it is increasing during the Obama administration. However, some of the solutions are having faith in capitalism, raising taxes on the rich and cutting unnecessary social services like Welfare. Outline: Introduction: The background context, National Debt Crisis Big Idea, Thesis Statement Last Years of Clinton Administration Bush Administration big mistakes, wrong choices Obama Administration keeps increasing debt
Claim 1: Causes that led to the National Debt Crisis Evidence Source: Frontline Documentary Ten Trillion and Counting Bush Administration made wrong choices Borrowing from Foreign Countries
Evidence Source: They Say/ I Say Predatory Lending and the Devouring of the American Dream Mortgage Loan Crisis
De La Torre 2 Evidence Source: Forgive Student Loans? Student Loan Crisis: Part of the trillion dollar debt
Claim 2: Possible Solutions for the National Debt Crisis High Taxes on the Rich Make enough Surplus, Help the Economy Wont affect those with High Incomes
Cutting Welfare Doesnt Help the people, but hurt them even more Makes them rely on government, takes advantage Money can go to a better program
Personal Connections & Experiences: Event 1: My Personal Loan After college I will pay the loan so it wont add to the debt
Naysayer Arguments addressed and Defeated: People Need Welfare It is not the governments job to support you and your family
Dont Tax the Rich, It is their money Conclusion: Recap Thesis Statement & Big Ideas on Nation Debt Crisis Positive social Benefits for my argument Larger social implications of the debt crisis Plenty of surplus to help their country
De La Torre 3