1. Fiscal Policy
... about 100 years ago, they also went to war with Iraq, a century later for dubious causes. But this American imperialism, such as Iraq war is a bad foreign policy for Americans and the world peace because it disrupts the U.S. economy and it deteriorates the world relations. I will draw a statistics on the cost of Iraq War, which ... economic outlook, the agency reported that the government would face a $401 billion budget shortfall in 2003. It predicted a total budget deficit of slightly less than $1.4 trillion between fiscal years 2004 and 2013. So it is evident that the U.S. must stop ...
... his personal statement pertaining to defense spending and foreign affairs, he claimed, "I want America to be the most strongly defended nation in the world, but I oppose our current foreign policy that stretches our troops thin across the globe so we can play world policeman" (Paul). Basically, Paul goes on to say we are spending too much on unnecessary expenditure ... soldiers since before World War II. Additionally, the Pentagon's budget will shrink by more than $75 billion over the next two years with deeper cuts if sequestration returns in the fiscal year of 2016. On top of these dr...