Pros and cons of larger state governments?
Pros and cons of larger Federal government: PROS: 1. Government can shield the consumer from "big" business with regulations that control interest rates on homes and credit cards, can protect the people from malfinancing of banks and loans, etc. 2. Government can help those who are in need when the states do not do a good enough job. 3. Government can help support infrastructure programs that create jobs when states have no money to do it them selves. 4. Government can help prevent the layoff of gov. jobs, such as police, teachers, and firefighters, when states have unbalanced budgets. CONS: 1. Gov. can abuse its power and over step its boundaries. Over reach of government. 2. Gov. can invade the privacy of a citizens home/personal life. Pros and cons of larger state governments: PROS: 1. Less reliance on the fed gov., more independence. 2. More control may enable the state executive to to what is in the best interests of his state. CONS: 1.America could become a nation comprised of 50 states with nothing in common, less unity. 2. Over reach of state gov. can happen just as likely as in the fed gov. 3. States will have variuos contradictions in laws, such as marriage and abortion. Americans might have to choose where they live by which state has the most rights.
What are the pros and cons of Budget 17?
The 2017 Union Budget, presented by Finance Minister Arun Jaitley on Wednesday, was broadly focused on 10 themes including the farming sector, infrastructure, the financial sector. https://www.exambin.com/union-bu...
How does the government create jobs?
The government doesn't create jobs. It can only create a pro-business and pro-growth environment in which business will thrive and create more jobs. Over-regulation, high taxes, and persecution of corporations is not that environment. So Clinton and Obama are both wrong, and wrong. The government doesn't solve problems, and nothing that is government-controlled has ever been a success. Just look at public schools vs. private schools. Look at the operation of the post office vs. UPS and FedEx. Look at government budgeting vs. the budgeting of private industries.
What are the pros and cons of merging the Railway budget with the Union budget ?
The practise of separate railway budget is a Colonial legacy which was put to an end by the NDA govt.In 1921, British railway economist, William Mitchell Acworth was appointed chairman of the Committee on Indian Railways. The report of the committee, known as the "Acworth Report", this report stated that huge budgetary allocation for Railways makes it necessary to present it in detail. This eventually led to reorganisation of Indian Railways; thus separating the railway finances of India from the general government finances.Pros:Importance: Even though Indian railways is the Primary transporter of Indian masses its budget weightage has significantly gone down. Recently The Union Budget has allocated a record Rs1.48 lakh crore which is just 15% of total.Indian Railways is battling a huge revenue deficit. This merger will ease the burden as it will be transferred to the finance ministry.Before railway budget is used to appease regional parties by allocating new trains and other pay offs. This reduces policy hurdles and can concentrate on long term investment.This was substantiated by Bibek Debroy of NITI Aayog had written in his report: "The railway budget is an avenue for populism with MPs demanding new trains and stops for existing ones. These decisions should be taken by railway board on a commercial basis."Cons:Due to the merge any fall in the revenue receipts or gross receipts will eventually have effect on the allocation to railway also. This is bad because Indian railways is limping and several accidents are clear indication for major revamp and modernisation.Fair hike can cause damage to the ruling party so there is high chance for abstaining from any price hike which in term reduces the revenue of railway.Privatisation of any part of railway is difficult because private investors will be always wary of the possibility of any sudden policy change by the govt. to gain public support.
How does strong citizen-driven government bring communities together?
Strong citizen controlled government would eliminate expenditures not needed, such as government oversight committees to study useless waste. communities know their needs and the public has a say in where monies are spent, transportation,utiities,schools,healthca... would be a communities major concerns all else would be voted on such as parks,enterttainment and non essential frivoties. salaries of public employees would be controlled and budgets would be an open book.
What are some Pros and Cons for the Balanced Budget Amendment?
Mitch McConnell has begun the procedural process to put the Balanced Budget Amendment on the calendar of the Senate; and many Republicans are saying that it should also be included in any deal to raise the debt ceiling. Rand Paul has even threatened to filibuster any compromise that would be reached if it does NOT include a BBA provision. A BBA would cap federal spending to 18% of GDP. Under such a constraint, every single budget signed by that paragon of Conservatism, Reagan, would have been unconstitutional. A BBA would prohibit the government to quickly respond to disasters; as Congress would have to find cuts in other parts of the budget before any federal funding could be released for disaster response. Remember how Cantor wanted to deny federal funds after the Joplin tornadoes? That would become a common occurrence. A BBA would also potentially give the courts a say in the budget process, in direct contravention of the Constitution, which gives sole power of the purse to Congress. If the GDP unexpectedly contracted and spending during the year exceeded that 18% cap, the budget would have to be declared "unconstitutional". A BBA (as currently proposed) would include "total revenue" and "total outlays" - which means Social Security and Medicare would not be exempt from potential cuts, and would actually prohibit Social Security from making payments, if those payments would cause the government to exceed the 18% cap, even if the "trust fund" could fully afford it. http://www.nwlc.org/resource/balanced-bu... Given these constraints, what are your thoughts on a Balanced Budget Amendment? All opinions welcomed.
What are the pros and cons of the Union Budget 2019?
#budget2019 was fantastic non-farrago of deeds & deals for all -making India 6th largest economy(from 11th),healthyfying India under #ayushmanbharat ,#taxexemption upto salary of 5lakh/year; that to taming the inflation from 10.4 to 4.6 and assuring clearance of IT return within 24hours,Introducing and implementing effective #GST as to have ~976000 crores/month,monetarily empowering #OROP and highest ever defence budget,6K/year help for farmers under PM Kisan Sampada Yojana,self empowerment giving 15cr+ loans under #mudarayojana,5lakh+ villages made open defecation free,6 crore free LPG connection allotment,Job creation by taking from 2 to having 200+ mobile factories & having 100+ working airports under #UDANFastest Highway development at 27 km/dayTaking tally of #AIMS from 14 to 22 in 5 years,6cr free LPG connection under #ujwalayojana
What are the pros and cons of preparing country's budget monthly instead of annually?
Planning consists of short term and long term. Short term is upto one year while long term is more than one year.Budget is a short term plan which is linked to harvesting of crops in India. Besides periodic review of implementation of budget can be done every month.Not only govt various public and private organisations through out the world also make budget for their organisations annually.Monthly budget will be too short a period to make reasonable estimates for achieving the targeted growth in income and expenditure of a country.