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Essay

United States World Debt

Essay specific features

 

Issue:

English

 

Written by:

Cliff G

 

Date added:

August 19, 2014

 

Level:

University

 

Grade:

B

 

No of pages / words:

6 / 1663

 

Was viewed:

5393 times

 

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Essay content:

According to Mr. Allen Saxe, a political science professor at UTA " there is another culprit that is being ignored and is making the problem far, far worse in the U.S. Between the end of February 2002 and the end of February 2004, the price of oil in dollars rose by 51%. While remedies such as encouraging more efficient use of energy are good, they won't negate the fact that a declining U...
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While remedies such as encouraging more efficient use of energy are good, they won't negate the fact that a declining U.S. dollar that's worth less in the international market is an important cause of oil prices. It may seem like a stretch to blame the price of oil on mismanagement, but the rising price of oil is closely tied to the falling dollar, which, in turn, is the result of dwindling confidence in federal tax and budget policies...
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