The Balanced Budget Amendment is a bad policy response to the 2011 debt issue.
I would like to put forward that the Balanced Budget Amendment is bad policy for the 2011 Debt debate. Unless my opponent wishes otherwise, the version of the BBA we will use is that which was in H.J. 1 that House Republicans pushed for [1]. I am also willing to consider the Senate version, though they differ mainly in thresholds for military conflict exemptions and tax raises. While lowering the debt is an admirable and necessary undertaking, there are wrong and right ways to go about it. BB...
The United States National Debt is the Amount of Money the United States has Created not Borrowed
My position is that the United States National Debt is not how much the United States has "borrowed", but it is how much the United States has created. Reasons why I believe this. #1) If you look at the Federal Reserves balance sheet http://www.federalreserve.gov/releases/h41/current/ You will see that all currency in circulation is a liability to the Federal Reserve and the asset the Federal Reserve uses for this liability is debt (aka securities). #2) If you look at the balance sh...
Capitalism cannot fullt accomodate human needs without implementation of certain socialist policies
I will be arguing that capitalism cannot function in a manner in which it fully accomidates human needs without implementation of certain socialist policies. I will only list two socialist policies which I will argue that capitalism must adopt if it is to truly accomidate human needs. These two policies are nationalization of certain industries(firefighters, education, healthcare, police)and some form of government regulation of the free market. I will list my arguments in round 2 as th...
Keynesian Economics
I am not a fan of John Keynes' economic theory. Basically, while it may seem appealing in a theoretical sense - I believe it does not work in practice. Please feel free to accept the debate or present an argument....
Public Labor Unions Are Beneficial to Society
Full Resolution: Public labor unions are beneficial to society. I will be negating this resolution. BoP is shared. Definitions: Public Labor Unions: "An organization intended to represent the collective interests of workers in negotiations with employers over wages, hours and working conditions. Labor unions are often industry-specific and tend to be more common in manufacturing, mining, construction, transportation and the public sector."[1] Public means government run. Ben...
The US should raise it's Debt Ceiling, with or without concessions
This debate will focus on the opinion that anyone who opposes raising the debt ceiling for any reason or without any concessions is wrong.
Here is an example to clarify if needed: http://www.dailykos.com/story/2011/05/28/979892/-Mitch-McCon...
Resource Based Economy > Monetary Economy
The burden on PRO is to prove that the world would be a better place with a resource based economy. The burden on CON is to prove that the world would not be better with a resource based economy, and we're perfectly fine with the system we hav...
Gold is Money
Hello, this is my first attempt at starting a debate on this website, so apologies in advance if I do not conform to whatever format or rules that exist on this website. Argument Many people consider gold to be a relic, nothing more than a novelty item worn on ring fingers and necklaces. There is some minor industrial usage, but industrial demand pales in comparison to jewelry demand [1]. If this was the entire story, then gold indeed would be aptly classified as a relic, however, inve...
Higher corporate tax rates encourage business investment.
This is my first debate, so please be gentle with me...:) Initially, you may say, "Wait, you mean 'lower' rates, right?". No, it's my argument that corporations view periods with historically low tax rates as opportune times to take their profits, as opposed to reinvesting them. One of the main goals of a CEO is to pay as little corporate tax as possible. Therefore, when corporate tax rates are historically high, the CEO is much more motivated (encouraged) to reinvest in their company, rather th...
The use of pennies in the US pricing system should be eliminated.
Today, pennies have become little more than a nuisance to our economy and therefore should be eliminated. In the Harris Poll, an online, nationwide poll that surveyed 2,136 adults, a total of 59% of those adults were opposed to the abolishing of the penny. The first of two main reasons people believed that the penny should remain in circulation was that the pennies served as a historical memorial to a particularly beloved president, Abraham Lincoln. In 21 December 2005, President Bush signed...