Thirty years, one billion lives

According to the World Bank, poverty is a unique way of living for our species on this planet and is one of the biggest human tasks for nearly 100 million people. Regardless of how significant progress has been made in our centuries in the past century, one billion people, about a sixth of humanity, are in extremely hopeless conditions. Can we reverse the situation as a global society? Can I eradicate poverty within 30 years? The answer is questionable. In reality, in order to achieve such a major task, humanity needs to make major changes in order to achieve this change.

Our country is facing a huge student debt crisis. In the past 30 years, the cost of college degrees has increased by 1,120%. Total debt of student loans owed by Americans jumped from $ 150 billion in 2009 to $ 1.3 billion in 2017. By 2023, the debt burden of an average bachelor's degree acquirer is expected to exceed the annual income. The debt of a student loan is one of the few kinds of debt that can not be cleared by declaring bankruptcy (and consolation fee and child support) by declaring bankruptcy. This means that debt of student loans will follow you for the remainder of your life. As the situation became very bad, some young experts ran away from the country to escape debt. In the absence of prison time (and their debt), they will never return to the U.S. or even visit the United States.

The thing to remember is that in 1937 the annual income of the people of the whole country is more than US $ 30 billion more than in 1932. While national debt certainly has increased by $ 16 billion, keep in mind that this growth needs to include billions of dollars. Ultimately it will reduce debt assets and billions of dollars value in permanent public improvements - schools, roads, bridges, tunnels, public buildings, parks, and all 31 other you You can meet the needs of. county

A word about our economic situation. No matter what you call what you call downturns or recessions for you. In 1932, the gross national income of all citizens of that country reached at least US $ 388 billion in that year. As it grows every year, it will go up. Last year, in 1937 it had risen to 7 billion dollars - the last 4 months' commercial and agricultural prices last year was clearly worse. This year is 1938, but it is still premature to make estimates, but I hope the national income will not fall below 6 billion dollars. I still remember that banks, commerce, agriculture did not collapse like the horrible winter of 1974 - 1933.