Nov 19, 2020 in Politics

Is American Government Broken?
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Collapse of American Government

The collapse of USA government began in the 1960s and currently has accelerated. Other countries are becoming less dependent on Washington. America has been the worlds undisputed superpower since 1920. However, today, Chinas GDP has almost reached its level. After the First World War, the U.S. economy has grown incredibly, and the dollar has become an international reserve currency. Despite the achievement of economic stability since the depression of the 1930s, the U.S. strengthened even more at the end of the Second World War. In 1944, the USA signed Bretton Woods Agreement, according to which the state could buy paper dollars for gold. After that, Americas gold reserves became the largest in the world. After 1971, the U.S. money supply has greatly increased. The economic recession in 1980 and 1982, the collapse of NASDAQ in 2000, and the crisis of 2008 are results of excessive amounts of borrowers with a questionable reputation. It only accelerated the decline of the dollar, which fell in price by 95 percent in comparison with 1913.

 

There are many evidences of the U.S. weakness. It is hard to believe that the current level of poverty among children in the United States reached 22%. Currently, 48% of Americans consider themselves poor. USA took 93rd place in the world in the list of countries with the greatest inequality of income. When Barack Obama became president, an ounce of gold was worth $ 850. Today, this precious metal is worth more than $ 1,580 per ounce. The Obama administration has spent $ 175,587 to study the behavior of Japanese prostitutes. When Obama came to power, there were 2.7 million unemployed. Today, their number increased by 2 times. Approximately 25 million American adults are living with their parents. Currently, more than 88 million of working-age Americans are not working or looking for work. It is the highest rate in its history. The total amount of student debt in the U.S. has exceeded $ 1 trillion. Ever since Barack Obama became president, the U.S. national debt has increased by $ 5 trillion.

A catastrophic state of the U.S. economy was caused not only by President Barack Obama, but by Congress with its dangerous economic policy in the last decade.

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Congress is the federal legislature of the United States, consisting of two chambers: the House of Representatives, that has 435 deputies elected for a term of 2 years, and Senate, that consists of 100 senators, two from each state, elected for six years.

Senators and representatives are elected by direct popular vote under a majority system. Congress is located in Washington in Capitol Building. The legislative act, adopted by Congress, is called Bill. Congress passes all laws of the country. Congress makes decisions on taxation and determines how the money is spent. In addition, it regulates interstate commerce with foreign nations. Congress also sets out the procedure for obtaining the U.S. citizenship by foreigners.

Will Rogers jokes that every time Congress wanted to pass a law, it became a joke, and every time Congress wished to make a joke, it turned it into a law. Today, the U.S. government is worse than a Rogers bad joke.

Controversy between Congress and President caused suspension of the work of the U.S. government in October 2013, which occurred for the first time since 1995. Due to this controversy, a law of financing of federal agencies was not passed. The suspension lasted for 16 days.

The poll, taken Sept. 23 to Sept. 29, showed that American voters oppose 72 percent 22 percent Congress' shutting down of the federal government in a bid to stop Obamacare.

David Frum states that a country is spatially polarized, that gets its information from highly partisan media, and that confronts the worst recession and the darkest financial outlook since the 1930s.

 
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The U.S. House of Representatives expressed its disagreement with the Senate, which is controlled by the Democratic Party and President Barack Obama. The sticking point was so-called health care reform and protection of patients, proposed by the President. It required large financial investments from the government, the debt of which currently exceeds the annual GDP of the country. The Republican leaders of the House of Representatives actually put the current president an ultimatum, threatening to block the work of the government in case of refusing to abandon the planned reforms. When the agreement had not been reached, the federal agency of the U.S. government officially stopped its activities on October 1, 2013.

Around 800,000 employees of federal agencies and ministries, whose work has been recognized uncritical, were automatically sent on leave without pay. Critical staff departments, which included 1.3 million state employees, 1.4 million servicemen, 0.5 million postal employees, continued the work.

The national parks and federal museums of the country were closed, which led to a reduction in income from tourism. Issuance of passports and work of the federal electronic verification system of the legal status of applicants for employment stopped. Military service continued its work. Its payment for the period of suspension has been guaranteed by a separate decision of the Congress adopted shortly before midnight before the onset of October 1. Border service, prison service, service on counterterrorism, air traffic control and management of state roads continued to work. The dollar exchange rate weakened and the U.S. stock markets lost about 1% of the value.

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The bill, which authorizes to renew the federal government funding and raise the limit of public debt, was approved by the House of Representatives in late evening of 16 October. The Democrat-controlled Senate passed the measure by 81 votes to 18, and the Republican-controlled House of Representatives by 285 votes to 144. The U.S. had 26 hours before the announcement of a possible default. BBC states that the US government has not undergone a shutdown since 1995-96, when services were suspended for a record 21 days.

However, the agreement is only a temporary measure and does not solve the fundamental problems of government expenditures and deficits. This crisis is not so much a governability problem as a war within the Republican Party.

President Obama stated that Congress needed to keep the government open, needed to pay their bills on time, and never, ever threaten the full faith and credit of the United States of America.

The United States should pay more attention to internal problems. The government of the country is working to the disadvantages of social and economic spheres. Military conflicts turned into a loss of trillions of dollars. The U.S. is in a situation when it is needed to reduce expenses and to institute legal reforms. Otherwise, the USA would face a more serious crisis than in 2008. Returning to the gold standard, and a stable monetary system, the United States would be able to prevent a collapse.

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