Obamas Economic Plan - 719 Words

Barack Obama has a plan; a big economic plan to fire up business and create jobs. He will, of course, unveil his brainchild after returning from Martha’s Vineyard for a much-needed vacation from campaigning. He thinks that lolling with his liberal high rollers ($50,000 per week rent) and breathing some Atlantic saltwater air should completely clear any proven methods for job creation that might enter his mind. The country has lived with this President’s incompetence and anti-growth policies for nearly three years and knows his economic plan is a one-trick pony that grows more tiresome by the day. He trots out his little red pony almost daily in a comical effort to convince people he has a clue as to what he’s talking about. His†¦show more content†¦When Obama speaks people also listen; except the stock market drops like a rock at the sound of his foolishness. If the American people could convince him to stay on Martha’s Vineyard, do nothing, and cease giving speeches, hundreds of comedians would be out of work, but the country could recover from its freefall and survive until the 2012 election. Unfortunately, a hurricane drove him back into the spotlight; and worse, back into his economy destroying programs. Killing jobs by taxing and regulating businesses and financial institutions, then ranting about the rich, is inconsistent with reason, logic and common sense. Then again, if one’s primary goal is to bring down our form of government by using a Cloward and Piven strategy of collapsing the system, it would make sense. It would also explain his promise to â€Å"fundamentally transform America.† To be successful in this plot, he must first destroy the American economy. An economy with over 14 million unemployed, tens of millions more underemployed and 46 million on food stamps (up by a third in two years) with millions more on public assistance, proves that he is well on his way. Incredibly, for the first time in American history an administration touts increasing the roles for food stamps and unemployment benefits as a way of stimulating the economy. Republicans have a budget and jobs plan sitting on Harry Reid’s desk, while a trade agreement that Obama blames Congress for not passing lies untouched on theShow MoreRelatedHealth Care Reform1432 Words   |  6 Pagesgiven the effect the current economic crisis has on the number of uninsured Americans. Although this element of President Obama’s framework should be prioritized, it will also be the most challenging to implement, since universal health care coverage represents a dramatic shift from current health care policy and will require substantial increases in government spending. Providing health insurance for all Americans should be President Obama’s priority in the current economic crisis because many AmericansRead MoreLets Rock the Informed Vote: Barack Hussein Obama1091 Words   |  5 PagesFurthermore, data will show success of Obama’s policies. Leading economists, including New York University’s Mark Gertler called the economic climate Obama inherited â€Å"one of the worst financial crisis since the Great Depression.† (Hilsenrath). There is no doubt that the economy and a candidate’s economic policy will be the hottest item of discussion in politics during election season, along with topics like foreign policy and energy. Consequently Obama’s economic policies are either hailed by supportersRead MoreJobs and Economic Growth1788 Words   |  7 PagesTable of Contents Introduction 1 Romneys Plan 1 Obamas Plan 2 The Media 3 Comparison 4 Conclusion 6 Introduction The candidates for the US Presidential election publish their policy platforms on their respective websites, MittRomney.com and BarackObama.com. These platforms have also been subject to considerable discussion, debate and dissection by a variety of media sources. One of the most important elements to any election is that one should be an informed voter. However, the ways thatRead MoreRhetorical Analysis Of President Obama s Speech1407 Words   |  6 PagesInaugural Address, President Barack Obama gave an impassioned speech filled with extended metaphors along the lines of movement, travel, and a journey. In fact, much of his economic language throughout the first 100 days of his presidency followed this theme. Obama’s use of these metaphors served to characterize the economic crisis, unite the American people, and frame his perspective on the role of the presidency. Thus, through analysis of his rhetoric, we learn that metaphors really do matter.Read MoreMajor Topics in Pres ident Barack Obamas State of the Union Address525 Words   |  3 Pages President Barack Obamas State of the Union Address President Barack Obama gave his 2014 State of the Union speech last week and as everyone was expected, the economy was the main dish on the table. Obama talked also about other problems such as, military operations; however, all these problems are related to the economy. I believe Mr. President’s speech could be divided into three parts: dealing with the economy, then a shorter segment on other domestic initiatives, and concluding with a summaryRead MorePresident Obama Administration : The Fiscal Policy1480 Words   |  6 Pagesexample, in 2001, as President Bush had just entered office, he ushered a reduction of income tax rates in addition to other tax cuts for the middle class, through Congress. While these policies were initially quite slow in boosting the economy, the economic benefits eventually began to surface around 2003 and the economy did begin to exhibit stronger growth. However, President Bush’s tax policy was set with an â€Å"expiration date†, set by Congress through a budget process called â€Å"reconciliation† (ReconciliationRead MoreThe Executive Order : President Obama s Immigration Reform1221 Words   |  5 PagesThe Executive Order: President Obama’s Immigration Reform In 1986 Ronald Regan signed into law the Immigration Reform and Control Act, an amnesty act that would alleviate the current immigration problems. Through this law, out of five million illegal immigrants, an estimated four million could have applied to become legal U.S. Citizens. This law was supposed to put a definite stop to illegal immigration into the United States. However, ever since the law was enacted, statistics show that the numbersRead MoreThe Debate Over Fair Tax637 Words   |  3 Pagesshorter end of the stick since the extreme rich dont make their money from working but rather make it from investments, capital gains and dividends (e.g. Condon, S. (December 19, 2012)). The Obama Administration believes that economic distribution is more important than economic growth with money being used for entitlement programs (social security and Medicare) and infrastructure improvement. Obama had, originally, insisted that taxes should be increased for anybody earning more than $2 50,000 whilstRead MoreNASAs Future Essay845 Words   |  4 Pagesother grand exploration goals (Achenbach). When President Obama took office, he built a new plan for NASA which was placed n the NASA Authorization Act of 2010. President Obama’s plan would change not only NASA’s objectives but also its budget – turning NASA’s sights towards Mars and near-by asteroids (Malik) and increasing its budget nearly 6 billion dollars over the next five years (Foust). This new plan has aroused both praise and criticism from the public and many key politicians and astronautsRead MoreAmerican Economic Crisis Essay1447 Words   |  6 Pages we consume far more than we sell. Over the last five years, foreign investors have substantially increased their share of U.S. debt securities. The mammoth trade deficit is cited as the primary reason. Many have taken a detached attitude to our economic woes. Since the system hasn’t completely crashed, why should they do any thing about it? This situation leaves us incredibly vulnerable to any random crisis, were one to occur. America needs to change the way it does business. Every person on the