Federal Debt Persuasive Speech

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It is, by now, common knowledge that the federal debt is at an all-time high and there is no stopping this ‘snowball’ from slowing down anytime soon. We might see it as some sort of abstraction by now since we are constantly reminded about how deep the United States have dug this hole of debt and there are definitely more immediate problems to worry about. But, I am here to tell you that nothing should frighten you more than this cancerous problem that affects all of us. You can say good-bye to your social security, Medicare entitlements, national defense, and much more if we do not act now.

The reason why your Social Security and Medicare entitlements will be the first to go is because it is nearly impossible for the government to cut federal spending and the national debt without messing with these expensive entitlements. This is because Social Security alone is the biggest owner of debt with two-thirds of the total amount we see which is around $20 trillion as of 2018. To put this into a comprehensible comparison we are neck and neck in debt compared to the entire European Union, which consists of 28 countries, according to an author in …show more content…
Not only is this also immoral to do but it is fatal for the future of America. To add insult to injury, Treasury Secretary Steve Mnuchin said that government spending is “not an issue we’re focused on right now.” If this doesn’t frustrate you, I don’t know what will at this point… Secondly, politicians despise to talk about the national debt because they want to be re-elected and the solutions to fix this problem mainly hurts the regular tax payers. The people do not want their taxes raised so they will elect the guy that says he will not increase them. As you can see we can’t put the blame on the politicians without looking in the mirror
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