Will someone please look at this essay.....
Prompt:Topic E: REQUIRED (saved -not submitted)
Choose an issue of importance to you—the issue could be personal, school related, local, political, or international in scope—and write an essay in which you explain the significance of that issue to yourself, your family, your community, or your generation
"As an aspiring accountant, there are many issues, both national and global, that affect me as an individual. The issue of greatest importance, personally, is the state of the U.S. economy, as there are many reasons to be concerned; the national debt is increasing exponentially, millions of U.S. workers have lost their jobs, and the housing market continues to falter, just to name a few. These factors alone have pushed the United States further into the recession that has plagued the nation since mid 2007. Furthermore, many economists have predicted that the United States will not see an effective recovery until 2018, the earliest. The state of the U.S. economy is an issue that foists immense uncertainties on my future, not only as a student and jobseeker, but also as a taxpayer and citizen of the United States.
The rising national debt is detrimental to my ability to stimulate the economy because of the inevitable rise in Federal income taxes, and higher taxes means less disposable income. Not only do these tax increases affect me, they also affect my children and grandchildren for generations to come. It is extremely disappointing that the Federal government has deemed me, an innocent U.S. citizen, accountable for the avaricious decisions made on Wall Street.
Since millions of jobs have already been lost due to the recession, finding a lucrative job after graduation will be vastly difficult. Unfortunately, economists claim that a large quantity of jobs that were lost will not be reinstated, and is discouraging to know that I will have such difficulties landing a job after earning a high end education from such a prestigious university. This predicament holds a negative impact on my ability to repay student loans after the conclusion of my college career, especially when there is an increase in interest rates.
Due to the unscrupulous practices of financial institutions regarding mortgage loans and applications, I will have a difficult time meeting the stiffened requirements of obtaining a mortgage at a low interest rate when ready to apply. Additionally, the dwindling housing market will affect my ability to land a job in the geographical area of my liking. With that in mind, I hope the Federal government will implement another first time homebuyer's tax credit in aiding the purchase of my first home in a more developed area.
Despite economic turmoil, I remain driven to follow through with my aspirations of receiving higher education. I hope to utilize the skills obtained in the rigorous college curriculum and apply my divergent and unique ideas in aiding individuals and corporations through tough economic times. Although the economy is weak, I am confident in my ability to excel as an outstanding leader while providing sound advice and service to those in need. The recession is a serious issue that affects not only me, but also the entire globe. However, I am diligent and confident in my ability to aid myself, and others, out of the recession, and gain economic stability and certainty."
Kurt Deutinger
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