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Referendums in the UK

Referendums offer the entire electorate the chance to participate in decisions on specific issues. The UK has thus far held six referendums.

The first UK-wide referendum was held in the 1975 and was concerned with continued membership of the European Economic Community (EEC), also known as the Common Market. The poll, held on June 5th, 1975, commanded a high turnout (65%) and resulted in almost two-thirds in favour of continued membership. Every administrative area in the UK voted ‘Yes’, bar two small Scottish island regions.

The question put to the electorate was this: “Do you think the UK should stay in the European Community (Common Market)?”

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The Importance of the Great Compromise

Why Was the Great Compromise important? The Great Compromise was the plan that gave rise to the establishment of the Senate and the House of Representatives in America. The Senate and the House of Representatives play a major role in the government and they form the legislative branch of the government. Many people wonder what is the main reason why was the Great Compromise important.

1. The first answer to the question why was the Great Compromise important is because it has managed to create the proper structure for the American government. There were two major plans that were given for the structure of the government. The first one was called the Virginia Plan and the second one was called the New Jersey Plan. In the first one plan’s proposal, the government will have three main branches. The plan also indicated that there should be two branches for the legislature. The first branch would be chosen by the citizen through their votes. The second branch would be the ones that the first branch has selected. The Virginia Plan also proposed that the legislative branch should be the one to appoint the judges and the president of the country.

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Social Security and the Impending Depletion of Funds

The debate about Social Security’s depleting fund has been going on for years. Recently, analysts have begun discussing possible solutions to ensure the availability of Social Security for future generations. The Administration’s 2005 trustees report predicted massive annual deficits starting by 2017. This means that by 2017, this Administration will be putting out more money than it’s collecting through taxes. What’s even more troubling is that there’s no definite plan of action to permanently fix this huge problem.

One idea was to increase the payroll taxes by 2% and over a 75 year period, the deficit problem was expected to be resolved. However, the future deficits are growing so large that this modest tax increase will still leave a large shortfall. Social Security’s impending crisis cannot be resolved with this small tax increase.

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