Source Map (first half)

Thesis: (needs revising) A combination of unnecessary spending and bad investing has put our economy in a recessive and high debt situation that is not well represented by the media.

I. Introduction
1. Our government has spent our tax dollars carelessly and put us in debt
a. Comptroller General says, "were spending more than we make.... Were charging it to the credit card... and expecting our grandchildren to pay for it. And thats absolutelty outrageous.
2. Our government makes bad investments that has, economically speaking, put us in a recession.
a. Marcia clement, "In Oct. [2008] the deficit reached 455 billion dollars, up from the previous record of 413 billion in 2004....it came before the economy nose dived , prompting congress to approve a $700 billion bailout"
3. Thesis

II. The cause of debt
1. Spending
a. The government spends tax money on...........
-block quote from Government spending article
b. It is estimated that if we continue to spend money at the same rate as today that by 2010 we will be in 10 trillion dollars of debt
2. Bad investments
a. The government invests its money in many different markets such as.......
-Explain markets and how much of the debt they are responsible for
b. The debt we have with other countries doesnt have the same effect as does debt within the country. The debt outside of the country doesnt pay intrest to us rather we pay intrest to those we are in debt of.
3. Negative effects of Bailouts
a. Bailouts financially hurt us as a nation as they just inflate the dollar and raise the deficit.
- If we are in debt 2 trillion dollars how can we sign a bailout for $600 Billion