My blog is not about the Obama Press Conference, but about what he plans to do in Iraq, which was on MSNBC. I could not figure out how to comment under that video. In the video Tom Ricks talked about what the future of Iraq was. Barack Obama said in July that he would take the troops out within 16 months, and a couple weeks later he stated that he would put in non-combat troops. Tom Ricks said that was imposible. I strongly agree with Tom Ricks. You cannot but American Troops in Iraq meant to keep order when they cannot use force. Tom Ricks also stated that nothing that we have tried to achieve has worked, do pulling out troops out now wood just casue more problems. Lastley i agree with Tom Ricks when he said that Obamas first year in Iraq qith be worse than Bush's last year. Also he said that the Iraq war will have more of an effect on Obama then Obama will have on the war.I dont completley agree with this becasue is Obama tries hard enough he could do what he wants. The interview of Tom Ricks gave me a new outlook on Obama and his views on the Iraq war.
I believe the biggest problem for America in the upcoming 3 months is the economic bail-out. I feel like this is a big concern for everyone in America, no matter what class. I agree with President Obama's bail out plan. I hope that it works. His plan to spend $775 billion over the next 2 years, seems very extreme. Until you look deeper at that figure, it seems to appear as unneccesary spending. However, President Obama has said that the consequences of this spending, far outweighs the consequences of not doing anything. I agree with this idea, if we don't change anything, we can't expect to have better results. I do have a concern about this plan, however. I feel like some of this may be President Obama's weak attempt of fufilling some of his campaign promises, such as the money he plans to use for infrastructure spending, tax-cuts, health-care spending, aid to the states, and alternate energy research. I fear that he is just trying to start his presidency off on a good note, having the citizens of the United States believe in him and not see him as a liar from the beginning. I do hope that President Obama realizes that he needs to have a limit to this plan, however. Just these original $775 billion in stimulus spending is going to put us further into debt as a nation, to approximately $1.2 trillion. His promise for tax-cuts is now going to be only about $13 a week to middle-class families. I feel like Obama made a big promise during his campaign and has scaled back that promise to something manageable. I don't want this to be a pattern for him, however. One main arguement against this plan is that because of the inconsistency of the economy, people will more likely save the money they recieve, than to go out and spend it right away, which is what the government is hoping will happen. No one can tell for sure what this plan is actually going to do for us. Only time can tell that. All I can say is that I really hope that it helps, or else we are going to be in more debt than ever imaginable.
I definitely believe that the most important issue our country faces today is the rapid downturn of the economy. Obama and Biden's plan to bailout our economy contains the following ideas; providing a tax cut for the working families, tax relief for small businesses and start ups, and the fight for fair trade. I believe that all three of these ideas are good steps towards helping our economy rise from these terrible times. This tax cut allows families to start building up their bank accounts and saving up money, to eventually start spending again and jumpstart to our economy. I agree with this idea because our economy thrives from people buying and spending money and the only way to restore that is by lowering taxes temporarily. I also agree with the fair foreign trade policy because our country needs to gain as many allies and as much support from other countries as possible. By providing tax relief for small businesses and businesses just starting up, it allows more jobs and encourages innovation. Obama's plan for the economy is definitely a plan that I support. I agree with the three main topics and am hopeful for a change to a better, successful economy.
In his first press conference, Obama covered a number of different topics, the first and foremost of which was the economy. Since Wall Street’s crash, many people all over the country have lost jobs and the numbers have been escalating. Nobody is quite sure of anything- what the situation is, what it will become, or how to solve the overhanging issues. As the economy plummeted just before the end of Bush’s time in office, those people losing jobs and many other citizens see Obama as a sign of hope. They pray the change of administration he brings can juggle the events with a sort of magic touch in order to get us out of this state. We all want this, but it is an intimidating task and responsibility that does not have a straightforward answer. Obama explained talked about this in his press conference- how the plan he has come up with is not even certain. It takes ideas from both political parties and therefore does not sit perfectly well with either school of thought. He himself even said it is not an assured success. At this point, I think most people will support and give it a chance, with the hope that it has a magic touch. This seemed largely a goal of his in the press conference- selling his plan to the people. Though political persons may debate over his plan, it could never work without the support of the people. However, this plan may turn out to be a make or break for his presidency; as the expectations for his presidency have been set at a supernatural height, the loyal supporters he now has will begin to question him if the plan should fail.
After listening to President Obama in the recent press conference I feel that he brought up many important aspects of our country's economy that we must change in the near future to better us as a nation later on. President Obama stated very early on that the job crisis is one of the most important issues we must plan to fix immediately. Over 1000 men and women went out for only 35 firefighter positions in Miamis and over 598,000 jobs have been lost in the last month itself. This is an extremely scary realization that our people are suffering on a day to day basis about how they are going to pay their bills because they are unemployed. Personally I feel that the government should step in and try to make a better plan to create new jobs for Americans and continue this growth in the future. I also want to highlight the idea that our health care system is out of date. President Obama mentioned the fact that nurses have trouble reading perscriptions from doctors because they are still being handwritten. As we move into the 21st century we need to become more advanced technologically as a country so that we can become more efficient with keeping our citizens healthy. Another important idea is that we must focus on the future of our country with the newest generation going into the work force within the next decade. These children and teenagers should have a better educational environment where they can be prepared for possible problems that they may face in the future. The President made a good point that our education system should be altered to help this future generation become more prepared for what they will face in the future. The children of our country hold the future our future in their hands, and being one of them I know how important to me it is to feel secure in my nation with our economic standing. All of these adjustments will take time to fix as President Obama has said, but will the proper plan in place we will be able to achieve them. America needs to get out of the debt and economic downfall spiral we are in and become the nation we once were. It will be interesting to see how Obama's plan plays out, and hopefully - Emily L
No doubt in my mind, the biggest issue in America right now is definetly the extreme recession in the economy. This is the worst economic trouble we've had since the Great Depression, starting around 80 years ago. The statistics alarmed me that so many people have lost their jobs, the most jobs being lost within the past 3 months. Elkhart,Indiana's unemployed rate, the place that has lost more jobs faster than anywhere else in America, went from 4.7% to 15.3%. That's almost a 72% increase! That's a extremely scary but true statistic. Elkhart's unemployment rate will only increase, and unemplyment will increase in surrounding areas and eventually spread to everywhere in America, unless Obama goes through with his plan,first estimated at 800 billion dollars. This issue hits close to home for me. My Dad came home one day in October saying he had gotten laid off. A week later, my mom came home with the same response. My parents are applying for numerous jobs, but unfourtanetly, there can be around 500 people who get to be interviewed, not counting the people who didn't get an interview. I really hope Obama's plan does suceed, because this issue is something i believe EVERYONE is concerned with. This economic crisis hit everyone hard, some people more than others.
Although there are many important issues facing our nation currently, our dire economy is definitely in need of the most focus. President Obama urges that the later we act as a nation, the worse the financial situation will get. Therefore the economic bail out is a necessity. Over 598,000 people have lost jobs in the last month. This number is staggering because each individual that makes up this statistic is most likely in rough, dire economic hardship. This number does not even account for all the loss of jobs, just the jobs lost in the past month! The bail out seeks to offer tax cuts to working families. With the money these people save, they will hopefully spend some. Once people start spending more, the economy will improve because people are spending money. A worry is that the majority of families will save most of the money they get from tax cuts, however this is still better than no tax cuts. The family is most likely not going to save 100% of its money and therefore every little bit of money in the economy will help it improve. The bail out also seeks to improve things such as funding for educational purposes and technology. The bail out not only looks to the immediate future but also seeks to improve the future of generations to be.
My blog is about Obamas press conference, i think is extremely neccessary for the sake of our economy. His plan to spend close to $775 billion over the next 2 years. this is very mindblowing but is a necessity. We need to stop this cycle of unemployment. as Obama said when he visited Indiana, the unemployment rate went from 4.7% to 15.3%. this is terrible, its leaving people sith nowhere to go. They have no idea what to do, they cant pay their bills, stop spending their money and its all just a vicious cycle that needs to end. our economy is very poor right now as you can see, last month it lost over 598,000 jobs. the economy cannot depend on the government to bail us out of everything, and tax cuts alone will not solve our problems. This recovery plan needs to be put in action as soon as possible to stop this madness.
In the Obama press conference, I believe that the biggest problem in the upcoming months will be more about the movement of troops to Afghanistan. The troops that are now stationed in Iraq will eventually be redeployed in Afghanistan. The government in Afghanistan has never been stable in the past 10 years. As a current United States citizen, and considering serving this country in the United States Marine Corps, this will affect me significantly as well as the debt this country is in. A new front in Afghanistan will be extremely more difficult to maintain a stable form of government than Iraq. The country is very divided between religious views and is infested with deep-rooted terrorism. No one is sure how this will help the economy either. Until it actually happens, the affects of the movement to Afghanistan are completely unknown. That is one thing that is troubling me about the new administration.
I believe that the most urgent issue currently facing our nation is its failing economy. The unemployment rate is the highest since the Great Depression, the housing market has lost considerable value and the stock market crash has depleted millions of American’s life savings. Financial scandals have flooded the news causing palpable tension in society. These uncertain times have crushed the spirits of many families and left others in ruins and endless days of worrying. Even soup kitchens are running low on food for all the hungry, and shelters are filling as foreclosures increase. The lives of nearly all Americans have been affected by the flailing economy, and the quality of life has decreased enormously. Although issues like the wars in Iraq and Afghanistan, as well as the Israeli-Palestinian conflict are urgent and should be dealt with, I believe it will be near impossible to deal with other nations when our own is so troubled. Also, since the job market has decreased so significantly, many Americans are enlisting in the armed forces as a last resort to sustain their families. Therefore, the army has extra support right now, while the economy continues to suffer. Investing extra time and money to solve international problems will only slow the economic recovery in our nation, which will halt the progression of other nations that rely on American consumerism. The War on Terror has been a drawn out conflict, and at this point in time, there is no easy end in sight. Therefore, fixing the economic problems at home will be in the best interest of our nation and many other nations in the world. Obama has not, however, addressed the urgent problems in the Darfur region of Africa, which needs American intervention more than any Middle Eastern country. I also feel that the fight for gay rights has lost support with the repeal of the legalization of gay marriage in California. I believe that Obama, as a revolutionary President, has the potential to create important changes in our nation, gay rights included. In addition to addressing the economic problems, Obama could address social issues that do not require funding to boost American morale. These issues should not be forgotten.
The greatest problem that the entire nation is facing right now is the declining economy. For the next couple of years President Barack Obama and Vice President Joe Biden came up with a stimulus plan of 775 Billion dollars. Even though it seems drastic to spend 775 billion dollars when we are in incredible debt, this is a necessary plan. This money will be distributed to many people in order for them to spend it, which will help to stimulate the economy. The stimulus package will help to prevent another Great Depression from happening. Also, the unemployment rate has been skyrocketing. It has not been this bad across the nation since the Great Depression. President Obama also plans to create almost three million jobs throughout, which will allow people to have an income, to save money, and to spend it, which will then help the economy. We need to work on the countries economy right now so the unemployment rate and economy cannot get worse.
I believe that Barack Obama is a great choice of a president given the circumstances of the United States at the moment. I keep comparing the economic crisis right now to the Great Depression, even though the severity of the economic crisis now is much lower. President Obama speaks to the nation so that the citizens can understand easily, much like Franklin D. Roosevelt’s fireside chats. I believe that President Obama should concentrate more on opening more jobs to people than gifting them for unemployment. President Obama should analyze and apply Franklin D. Roosevelt’s presidency to our current situation. I do understand that our crisis is more complicated today but the basic principles of F.D.R.’s presidency can most definitely be applied to our economic situation today.
Hello readers, I thank you for taking the time to read this blog entry. I believe that any effort that is made by the government, as mentioned by Obama, could potentially begin to fix the economic defecate we are facing at the moment. However I believe that the focuses are not entirely in the right spot. I believe the real problem lies with the integrity of select members of our great nation. These select people are the corporate, white collar CEOs of big businesses. Now I have nothing against big businesses, but the problem I have is one of their authenticity of the growth of this great nation as a whole, not just their company rising above the remaining competition. The problem in which I am referring is one of major importance and benefit to not only to American citizens, but to her as well. This problem would be none other than Outsourcing.
Now I don’t believe that the government should interfere with the doings of businesses from Mom and Pop type places all the way to companies such as Microsoft and Ford. However, if they were to take a lower form of government, such as a state or city level, and prepare an outline of sorts depicting the potential benefits not only to the company, but to the issue at hand, the economic defecate. They might come back with a response such as “It is less expensive for the company to hire out of country.” or “We already have a good partnership with other nations to hire workers.” or something like that. However, the thing that they fail to realize is that if they hire within the boundaries of our great nation, they will not only be creating more job opportunities, but they will be feeding the pockets of American citizens, and in turn their company’s bank account in positive aspect.
The most important issue facing our country right now is the economic recession that our country is falling into. President Obama’s plan is extreme, but absolutely vital to health of our economy. The economy functions in a circle. People make money from their jobs so that they can in turn pay money for services and products. This money goes back to big business, which then has enough money to pay workers, and the cycle goes on. In our economy right now people are losing jobs and money; because people have less money to spend businesses make less money. Businesses then have to cut more jobs and salaries and the cycle continues. Our economy is currently in a downward spiral, what President Obama’s economic plan hopes to achieve is a jumpstart in the economy that will tip the economy into an upwards spiral once again. By paying out money to create jobs, and give tax breaks people should now have the money to buy products and services which will give businesses the money needed to hire new employees. Eventually the economy should recover and the government aid can stop, once this happens then taxes can be raised, since the people have money, and our national debt can finally start to decrease. President Obama’s plan for the economy is different than previous “bail-outs” and other attempts to revive the economy because of where the aid is targeted. President Obama’s plan calls for giving money to the middle class, which constitutes the majority of the economic system, unlike previous plans which targeted minorities such as the upper class. The middle class is the heart of the economy; they are the buying power of our economy and support the big businesses. When money is given straight to big business there is no guarantee that the money will go towards the creation of new jobs, or ever even reach the middle class. By giving the money right into the heart of the economy President Obama’s plan insures that the economic aid will reach the middle class. President Obama’s plan also calls for the direct creation of new jobs. Contrary to popular belief President Obama’s plan is not wasting money on creating these jobs, because not only do they jump start the economy, they accomplish other important things for our country. President Obama’s plan invests money in such places as education and health care which are in desperate need of government aid. The plan is not wasting money, but in fact cleverly solving two problems with one plan. The economy is not an issue that we can afford to ignore. The economy is the biggest issue our country has dealt with in a long time, and it must not be handles lightly. President Obama’s plan has all of the makings of a successful economic revitalization. The plan will inject money directly into the heart of the economy through the middle class, and will create new jobs in those areas which desperately need government aid.
I am responding to Obama’s press conference and to the other videos concerning the Iraq and Afghanistan wars, Obama’s address, and the stimulus bill. President Obama has made a great deal of promises not only throughout his campaign but also during his first couple weeks of his presidency. Many people are worried about the economy and the war on terror, which such fears are justified.
Obama, during his press conference, talked mainly about the economic stimulus plan and how much the government has to do. A couple of statements that Obama has made in the past have not gone along with his present actions or statements. For example, he stated that he wanted to make the government’s doings “transparent” to the American people. He wanted to allow the American people to be comfortable and know what the government is doing. Well that has not been true thus far because the stimulus plan was released late Saturday night, according to Senator John Ensign (Republican). According to radio talk show host Glen Beck, the Democrats have broken their promise to have the public view the proposed bill for 48 hours before any vote. How is this making the government more “transparent” to the American people? It’s not. A Democrat from New Jersey, Senator Frank Lautenberg, predicted that none of his Senate colleagues would have a chance to even read the final version of the bill before it came up for the final vote. This bill is 1,071 pages! The economy is not in such dire need to have this bill passed without reading it. Sen. John Ensign states in one of the video clips, that we should be making sure that this is the best package possible because we cannot afford to just throw away billions of dollars and have the plan fail. Obama has not made the government’s doings any more “transparent”, and this stimulus bill is being pushed through without careful revision and input from both parties.
In response to “The Time for Action is Now” video clip, Obama makes several statements that sound very similar to the New Deal during FDR’s presidency. Last year in AP U.S. History, we discussed how the New Deal helped and hurt America. It is a very controversial issue whether or not the New Deal prolonged the Depression by ten years. Many historians have agreed that the New Deal hindered America pulling out of the Great Depression, and only World War II helped pull America back onto its feet. Obama made several statements about creating jobs by having workers improve infrastructure, which is very much like the Civilian Conservation Corps or the Tennessee Valley Authority. Both of these created jobs, improved infrastructure, and were just two of the many Alphabet Agencies that FDR created. So will history repeat itself if Obama follows in the footsteps of FDR; will the economy’s struggles be prolonged ten more years by history repeating itself? Obama also says that this stimulus plan “serves our children and our children’s children for years to come”, but in reality with how much national debt the government has wracked up, tax payers’ money will be going towards paying off this debt for years and years. My generation and generations to come will still be feeling the reverberations of this stimulus plan increasing national debt.
Right after September 11th, when the War on Terror first began, the country was united together wanting to stifle any terrorist threatening our freedom. Now people, Democrats in particular, have been blaming the Bush administration for a failed war. People have seemed to forget that there still is a war going on in Iraq and Afghanistan, according to Tom Ricks, author of The Gamble. He states how it would be quite hazardous to pull troop out of Iraq while it is still insecure. Obama yet again demonstrates how he changes his views based on what people want by stating in ’07 that he promises to bring the troop home as his first thing he will do when he is president. But in ’08 he claims that the two things that will steer his directives towards the Iraq and Afghanistan wars are to keeps the troops safe and keep Iraq stable. These are two different approaches to the Iraq war. Three quotes that I thought were not only interesting but very accurate and encompassed the struggle that Obama will have are: “Obama will be torn between what his supporters expect and what his general advise”, “Obama’s war in Iraq may be longer than Bush’s war in Iraq”, and “ Iraq will change Obama more so than Obama will change Iraq”. Americans still need to pay attention to these wars in Iraq and Afghanistan because they have just begun and will play a large role in America’s future.
Both the economic stimulus plan and the Iraq/Afghanistan wars are very important to America’s future because both will impact it. In the immediate future, the most concerning issue that Americans should follow is this economic stimulus plan. We should be paying attention to how much farther the government gets involved and farther into debt. We have to monitor how the government is controlling more and more and watch our rights. Other important topics that we should be paying attention to is where our taxes are going to fund, such as overseas abortions. We should also pay attention to immigration laws and the raising of taxes. With a new party in control of the Congress and the White House, all Americans, no matter what party they are affiliated with, should watch how their basic rights might possibly be breached.
My blog is about the obama conference and i think that most of the topics he starts to talk about are very important to the economy and to the people. Some of his goals are to get many of the people who have just lost their jobs in the last few months jobs again. He wants to do this so people can once again have money in their pocket and support their familes. Many of his new ideas to restart the econmy can help many but comes a large price. He says that more then four million people dont have jobs and he would like to change this with a new bill. Also obama not only wants to please his own political party but also the other ones too. He wants to set up a system so that any person in america can see what their government is spending money on. He also stated that he wants to put money into fixing and makeing schools better for the students. Some people of the government think that obama should do nothing and leave the econmy how it is so it can fix its self. But thats not what obama is about he wants to take action and fix the economy so it wont worrsen over the next couple of years.
The biggest problem America is facing at the moment is the deep economic crisis. As President Obama has repeated, this is the worst since the Great Depression. Almost half of the 3.6 million jobs that have been lost have came in the past 3 months. Which is a very disturbing statistic to see, because since people are getting laid off, those people are spending less money. When those people spend less money, that leads to more workers getting laid off. Although I am not a big fan of the economic stimulus plan that has been passed, it's something that must be done. $13 a week extra in peoples pay check does not seem like a lot, but it is more then what it was. President Obama has said this plan will save or create more than 3.5 million jobs and get our economy back on track. Which is something i think we should all have hope for. Regaining jobs, and it doesn't have to be 3.5 millions, but just getting people more jobs will lead to those people spending more. Spending more leads to more jobs which would put us in a better place then we are in now. Now I do believe that retreating our troops in Iraq is important, but it is not as important as saving our economy. Getting the troops back from Iraq will cost us more money, which means what? It means that we will be getting into deeper debt, which is exactly what we wanted to get out of. If the plan works that Obama has set out, then i believe it will be the right time to bring back the troops from Iraq, but as of right now i just think it's too early.
This post is about the economy, because after taking economics I have a slightly greater understanding of the economy and the stability or lack there of in our country. I think it is interesting to hear Obama's plans to stimulate the economy, and his ideas about the borrowing money from other countries. The only problem that I do not understand is when he says as a nation we need to be better with our money and more responsible as a whole, how will he be able to control this. If it were that simple then we would never be in this predicament in the first place. It is not possible for the American public to completely abandon their old habits and change the entire structure of their spending. This is not something that the government has control over and I thought it was very odd how President Obama addressed the topic. Also I am curious to learn more regarding the money we borrow from other countries, and the entirety of our debt situation.
After hearing president Obama's take on the present situation in Iraq and in Afghanistan, my view is more fully developed. I believe that Obama's proposal to take the troops out of Iraq within sixteen months is a big step and will aid in Iraq's independence. The fact that they have just held a mostly peaceful election and their political system is functioning relatively well, shows that they are ready to start becoming independent. I do not agree with Obama's idea to send in non-combat troops after the combat veterans from Iraq have returned because the Iraqi government and people already are annoyed with our presence in their country as it is and I believe it will just cause more rowdiness in the country for us to be there "monitoring" them. I feel that we should keep a watchful eye from a distance and see how it goes. I agree with Obama's statement that we should have more effective coordination with our allies and military and that we need to eliminate terrorist forces such as Alcheida and the Taliban as well as "safe havens". In doing this, I believe we will be successful in creating peace in the Middle East.
One of the most important topics that president Obama talked about in his press conference was how america will deal with unemployment because of the recession. His recovery and reinvestment package is one way that he believes that more jobs can be created and it can give our country the boost it needs to begin to pull itself out of the recession. He has also implemented a plan run by his secretary Tim Gidner to loosen up credit which means correcting some mistakes made in the past. His main point in pulling us out of the recession is that we need more jobs. He would like a bill that creates or saves 4,000,000 jobs. Another important topic that the president discusses is his stance on the war in Iraq. At first he wanted to pull the troops out of the area as soon as he became president but now he wants to "keep the troops safe and keep Iraq stable." Either way, this is a tough decision to make on his part because americans opinions are so split that choosing one side can make him lose support from certain people. Other topics that we should be paying attention to include the Darfur conflict and gay and lesbian rights.
It seems like everyone is saying that the economic crisis is the biggest problem for the U.S., and I have to agree. I did not realize how huge this problem was until about last year. Over the past few years, I noticed that gas prices have increased, jobs have been lost, people have gotten laid off, and now the "Big 3" (Ford, Chrysler and GM) are in serious trouble. This economic meltdown just seems to be gradually getting worse as time goes on.
I am certainly glad that Obama took immediate action and passed the Economic Stimulus bill. The changes this bill will make certainly will not happen very quickly. Obama also seems to be focusing more on the middle class since he wants to give a large tax cut to this group of people. To me, it seems important that he does not want to support the wealthy such as Wall Street bankers. Again, this will be a great benefit for the middle class.
What worries me the most about this economic bill is what will happen in the future. Will this massive plan become difficult to pay off to future generations of people? How will this large price tag affect the country fifteen to twenty years from now? Obviously, the answers to these questions cannot be answered at this time. All the Americans can do right now is to support the bill, take action, and hope for the best outcome.
I believe the biggest problem in this country right now is the economy. A few days ago my mom told me that people are pitching tents because they have lost their homes and their jobs. The news calls the places, where multiple tents are pitched, tent cities. Theft will be going up and employment will keep going down until something is done. This is very scary and I wouldn't be surprised if these next few years became known as "The Great Depression 2." I am not entirely sure that Obama's stimulus plan will work but the thing that makes me most happy is that he is taking immediate and serious action in this crisis and he has a great ability to motivate the country. Motivating the country and making everyone believe we can get out of this crisis is crucial in accomplishing something of this size. One thing I don't like about this plan though is that I and everyone else in this country will have to pay it off for a very long time. Though, I strongly believe that this crisis could be a very good thing too. As I do, many spiritual teachers believe this crisis will be very enlightening to many individuals. It will help diminish materialism and greed and bring out good in people. This economic crisis is a huge dilemma as it is a time of change in human beings. -Ben Paul
My blog is about the Obama Press Conference, and what his plans are what to do with the Iraq War. I agree with a lot of what Obama was saying because he is talking a lot about the economy and about the tax relief for families. One of the main things that i liked that he talked about was with the bail out plan. Obama wants to set a budget of $775 billion dollars to spend digging out our economy over the next 2 years. Yes $775 billion dollars does seem a bit of a high number but with our economy suffering so badly right now there really is no right answer. I feel. What i don't get is how our country can get $775 billion since we are already soo far in debt. Maybe his plan will work or maybe it wont but lets just hope that it could. Soon to be a newer and better economy.
25 comments:
My blog is not about the Obama Press Conference, but about what he plans to do in Iraq, which was on MSNBC. I could not figure out how to comment under that video.
In the video Tom Ricks talked about what the future of Iraq was. Barack Obama said in July that he would take the troops out within 16 months, and a couple weeks later he stated that he would put in non-combat troops. Tom Ricks said that was imposible. I strongly agree with Tom Ricks. You cannot but American Troops in Iraq meant to keep order when they cannot use force. Tom Ricks also stated that nothing that we have tried to achieve has worked, do pulling out troops out now wood just casue more problems. Lastley i agree with Tom Ricks when he said that Obamas first year in Iraq qith be worse than Bush's last year. Also he said that the Iraq war will have more of an effect on Obama then Obama will have on the war.I dont completley agree with this becasue is Obama tries hard enough he could do what he wants. The interview of Tom Ricks gave me a new outlook on Obama and his views on the Iraq war.
I believe the biggest problem for America in the upcoming 3 months is the economic bail-out. I feel like this is a big concern for everyone in America, no matter what class.
I agree with President Obama's bail out plan. I hope that it works. His plan to spend $775 billion over the next 2 years, seems very extreme. Until you look deeper at that figure, it seems to appear as unneccesary spending. However, President Obama has said that the consequences of this spending, far outweighs the consequences of not doing anything. I agree with this idea, if we don't change anything, we can't expect to have better results. I do have a concern about this plan, however. I feel like some of this may be President Obama's weak attempt of fufilling some of his campaign promises, such as the money he plans to use for infrastructure spending, tax-cuts, health-care spending, aid to the states, and alternate energy research. I fear that he is just trying to start his presidency off on a good note, having the citizens of the United States believe in him and not see him as a liar from the beginning.
I do hope that President Obama realizes that he needs to have a limit to this plan, however. Just these original $775 billion in stimulus spending is going to put us further into debt as a nation, to approximately $1.2 trillion. His promise for tax-cuts is now going to be only about $13 a week to middle-class families. I feel like Obama made a big promise during his campaign and has scaled back that promise to something manageable. I don't want this to be a pattern for him, however. One main arguement against this plan is that because of the inconsistency of the economy, people will more likely save the money they recieve, than to go out and spend it right away, which is what the government is hoping will happen.
No one can tell for sure what this plan is actually going to do for us. Only time can tell that. All I can say is that I really hope that it helps, or else we are going to be in more debt than ever imaginable.
I definitely believe that the most important issue our country faces today is the rapid downturn of the economy. Obama and Biden's plan to bailout our economy contains the following ideas; providing a tax cut for the working families, tax relief for small businesses and start ups, and the fight for fair trade. I believe that all three of these ideas are good steps towards helping our economy rise from these terrible times. This tax cut allows families to start building up their bank accounts and saving up money, to eventually start spending again and jumpstart to our economy. I agree with this idea because our economy thrives from people buying and spending money and the only way to restore that is by lowering taxes temporarily. I also agree with the fair foreign trade policy because our country needs to gain as many allies and as much support from other countries as possible. By providing tax relief for small businesses and businesses just starting up, it allows more jobs and encourages innovation. Obama's plan for the economy is definitely a plan that I support. I agree with the three main topics and am hopeful for a change to a better, successful economy.
In his first press conference, Obama covered a number of different topics, the first and foremost of which was the economy. Since Wall Street’s crash, many people all over the country have lost jobs and the numbers have been escalating. Nobody is quite sure of anything- what the situation is, what it will become, or how to solve the overhanging issues. As the economy plummeted just before the end of Bush’s time in office, those people losing jobs and many other citizens see Obama as a sign of hope. They pray the change of administration he brings can juggle the events with a sort of magic touch in order to get us out of this state. We all want this, but it is an intimidating task and responsibility that does not have a straightforward answer. Obama explained talked about this in his press conference- how the plan he has come up with is not even certain. It takes ideas from both political parties and therefore does not sit perfectly well with either school of thought. He himself even said it is not an assured success. At this point, I think most people will support and give it a chance, with the hope that it has a magic touch. This seemed largely a goal of his in the press conference- selling his plan to the people. Though political persons may debate over his plan, it could never work without the support of the people. However, this plan may turn out to be a make or break for his presidency; as the expectations for his presidency have been set at a supernatural height, the loyal supporters he now has will begin to question him if the plan should fail.
After listening to President Obama in the recent press conference I feel that he brought up many important aspects of our country's economy that we must change in the near future to better us as a nation later on. President Obama stated very early on that the job crisis is one of the most important issues we must plan to fix immediately. Over 1000 men and women went out for only 35 firefighter positions in Miamis and over 598,000 jobs have been lost in the last month itself. This is an extremely scary realization that our people are suffering on a day to day basis about how they are going to pay their bills because they are unemployed. Personally I feel that the government should step in and try to make a better plan to create new jobs for Americans and continue this growth in the future.
I also want to highlight the idea that our health care system is out of date. President Obama mentioned the fact that nurses have trouble reading perscriptions from doctors because they are still being handwritten. As we move into the 21st century we need to become more advanced technologically as a country so that we can become more efficient with keeping our citizens healthy.
Another important idea is that we must focus on the future of our country with the newest generation going into the work force within the next decade. These children and teenagers should have a better educational environment where they can be prepared for possible problems that they may face in the future. The President made a good point that our education system should be altered to help this future generation become more prepared for what they will face in the future. The children of our country hold the future our future in their hands, and being one of them I know how important to me it is to feel secure in my nation with our economic standing.
All of these adjustments will take time to fix as President Obama has said, but will the proper plan in place we will be able to achieve them. America needs to get out of the debt and economic downfall spiral we are in and become the nation we once were. It will be interesting to see how Obama's plan plays out, and hopefully
- Emily L
No doubt in my mind, the biggest issue in America right now is definetly the extreme recession in the economy. This is the worst economic trouble we've had since the Great Depression, starting around 80 years ago. The statistics alarmed me that so many people have lost their jobs, the most jobs being lost within the past 3 months.
Elkhart,Indiana's unemployed rate, the place that has lost more jobs faster than anywhere else in America, went from 4.7% to 15.3%. That's almost a 72% increase! That's a extremely scary but true statistic. Elkhart's unemployment rate will only increase, and unemplyment will increase in surrounding areas and eventually spread to everywhere in America, unless Obama goes through with his plan,first estimated at 800 billion dollars.
This issue hits close to home for me. My Dad came home one day in October saying he had gotten laid off. A week later, my mom came home with the same response. My parents are applying for numerous jobs, but unfourtanetly, there can be around 500 people who get to be interviewed, not counting the people who didn't get an interview.
I really hope Obama's plan does suceed, because this issue is something i believe EVERYONE is concerned with. This economic crisis hit everyone hard, some people more than others.
Although there are many important issues facing our nation currently, our dire economy is definitely in need of the most focus. President Obama urges that the later we act as a nation, the worse the financial situation will get. Therefore the economic bail out is a necessity. Over 598,000 people have lost jobs in the last month. This number is staggering because each individual that makes up this statistic is most likely in rough, dire economic hardship. This number does not even account for all the loss of jobs, just the jobs lost in the past month!
The bail out seeks to offer tax cuts to working families. With the money these people save, they will hopefully spend some. Once people start spending more, the economy will improve because people are spending money. A worry is that the majority of families will save most of the money they get from tax cuts, however this is still better than no tax cuts. The family is most likely not going to save 100% of its money and therefore every little bit of money in the economy will help it improve. The bail out also seeks to improve things such as funding for educational purposes and technology. The bail out not only looks to the immediate future but also seeks to improve the future of generations to be.
My blog is about Obamas press conference, i think is extremely neccessary for the sake of our economy. His plan to spend close to $775 billion over the next 2 years. this is very mindblowing but is a necessity. We need to stop this cycle of unemployment. as Obama said when he visited Indiana, the unemployment rate went from 4.7% to 15.3%. this is terrible, its leaving people sith nowhere to go. They have no idea what to do, they cant pay their bills, stop spending their money and its all just a vicious cycle that needs to end. our economy is very poor right now as you can see, last month it lost over 598,000 jobs. the economy cannot depend on the government to bail us out of everything, and tax cuts alone will not solve our problems. This recovery plan needs to be put in action as soon as possible to stop this madness.
In the Obama press conference, I believe that the biggest problem in the upcoming months will be more about the movement of troops to Afghanistan. The troops that are now stationed in Iraq will eventually be redeployed in Afghanistan.
The government in Afghanistan has never been stable in the past 10 years. As a current United States citizen, and considering serving this country in the United States Marine Corps, this will affect me significantly as well as the debt this country is in.
A new front in Afghanistan will be extremely more difficult to maintain a stable form of government than Iraq. The country is very divided between religious views and is infested with deep-rooted terrorism. No one is sure how this will help the economy either. Until it actually happens, the affects of the movement to Afghanistan are completely unknown. That is one thing that is troubling me about the new administration.
I believe that the most urgent issue currently facing our nation is its failing economy. The unemployment rate is the highest since the Great Depression, the housing market has lost considerable value and the stock market crash has depleted millions of American’s life savings. Financial scandals have flooded the news causing palpable tension in society. These uncertain times have crushed the spirits of many families and left others in ruins and endless days of worrying. Even soup kitchens are running low on food for all the hungry, and shelters are filling as foreclosures increase. The lives of nearly all Americans have been affected by the flailing economy, and the quality of life has decreased enormously. Although issues like the wars in Iraq and Afghanistan, as well as the Israeli-Palestinian conflict are urgent and should be dealt with, I believe it will be near impossible to deal with other nations when our own is so troubled. Also, since the job market has decreased so significantly, many Americans are enlisting in the armed forces as a last resort to sustain their families. Therefore, the army has extra support right now, while the economy continues to suffer. Investing extra time and money to solve international problems will only slow the economic recovery in our nation, which will halt the progression of other nations that rely on American consumerism. The War on Terror has been a drawn out conflict, and at this point in time, there is no easy end in sight. Therefore, fixing the economic problems at home will be in the best interest of our nation and many other nations in the world.
Obama has not, however, addressed the urgent problems in the Darfur region of Africa, which needs American intervention more than any Middle Eastern country. I also feel that the fight for gay rights has lost support with the repeal of the legalization of gay marriage in California. I believe that Obama, as a revolutionary President, has the potential to create important changes in our nation, gay rights included. In addition to addressing the economic problems, Obama could address social issues that do not require funding to boost American morale. These issues should not be forgotten.
The greatest problem that the entire nation is facing right now is the declining economy. For the next couple of years President Barack Obama and Vice President Joe Biden came up with a stimulus plan of 775 Billion dollars. Even though it seems drastic to spend 775 billion dollars when we are in incredible debt, this is a necessary plan. This money will be distributed to many people in order for them to spend it, which will help to stimulate the economy. The stimulus package will help to prevent another Great Depression from happening. Also, the unemployment rate has been skyrocketing. It has not been this bad across the nation since the Great Depression. President Obama also plans to create almost three million jobs throughout, which will allow people to have an income, to save money, and to spend it, which will then help the economy. We need to work on the countries economy right now so the unemployment rate and economy cannot get worse.
I believe that Barack Obama is a great choice of a president given the circumstances of the United States at the moment. I keep comparing the economic crisis right now to the Great Depression, even though the severity of the economic crisis now is much lower. President Obama speaks to the nation so that the citizens can understand easily, much like Franklin D. Roosevelt’s fireside chats. I believe that President Obama should concentrate more on opening more jobs to people than gifting them for unemployment. President Obama should analyze and apply Franklin D. Roosevelt’s presidency to our current situation. I do understand that our crisis is more complicated today but the basic principles of F.D.R.’s presidency can most definitely be applied to our economic situation today.
Hello readers, I thank you for taking the time to read this blog entry. I believe that any effort that is made by the government, as mentioned by Obama, could potentially begin to fix the economic defecate we are facing at the moment. However I believe that the focuses are not entirely in the right spot. I believe the real problem lies with the integrity of select members of our great nation. These select people are the corporate, white collar CEOs of big businesses. Now I have nothing against big businesses, but the problem I have is one of their authenticity of the growth of this great nation as a whole, not just their company rising above the remaining competition. The problem in which I am referring is one of major importance and benefit to not only to American citizens, but to her as well. This problem would be none other than Outsourcing.
Now I don’t believe that the government should interfere with the doings of businesses from Mom and Pop type places all the way to companies such as Microsoft and Ford. However, if they were to take a lower form of government, such as a state or city level, and prepare an outline of sorts depicting the potential benefits not only to the company, but to the issue at hand, the economic defecate. They might come back with a response such as “It is less expensive for the company to hire out of country.” or “We already have a good partnership with other nations to hire workers.” or something like that. However, the thing that they fail to realize is that if they hire within the boundaries of our great nation, they will not only be creating more job opportunities, but they will be feeding the pockets of American citizens, and in turn their company’s bank account in positive aspect.
The most important issue facing our country right now is the economic recession that our country is falling into. President Obama’s plan is extreme, but absolutely vital to health of our economy. The economy functions in a circle. People make money from their jobs so that they can in turn pay money for services and products. This money goes back to big business, which then has enough money to pay workers, and the cycle goes on. In our economy right now people are losing jobs and money; because people have less money to spend businesses make less money. Businesses then have to cut more jobs and salaries and the cycle continues. Our economy is currently in a downward spiral, what President Obama’s economic plan hopes to achieve is a jumpstart in the economy that will tip the economy into an upwards spiral once again. By paying out money to create jobs, and give tax breaks people should now have the money to buy products and services which will give businesses the money needed to hire new employees. Eventually the economy should recover and the government aid can stop, once this happens then taxes can be raised, since the people have money, and our national debt can finally start to decrease.
President Obama’s plan for the economy is different than previous “bail-outs” and other attempts to revive the economy because of where the aid is targeted. President Obama’s plan calls for giving money to the middle class, which constitutes the majority of the economic system, unlike previous plans which targeted minorities such as the upper class. The middle class is the heart of the economy; they are the buying power of our economy and support the big businesses. When money is given straight to big business there is no guarantee that the money will go towards the creation of new jobs, or ever even reach the middle class. By giving the money right into the heart of the economy President Obama’s plan insures that the economic aid will reach the middle class.
President Obama’s plan also calls for the direct creation of new jobs. Contrary to popular belief President Obama’s plan is not wasting money on creating these jobs, because not only do they jump start the economy, they accomplish other important things for our country. President Obama’s plan invests money in such places as education and health care which are in desperate need of government aid. The plan is not wasting money, but in fact cleverly solving two problems with one plan.
The economy is not an issue that we can afford to ignore. The economy is the biggest issue our country has dealt with in a long time, and it must not be handles lightly. President Obama’s plan has all of the makings of a successful economic revitalization. The plan will inject money directly into the heart of the economy through the middle class, and will create new jobs in those areas which desperately need government aid.
I am responding to Obama’s press conference and to the other videos concerning the Iraq and Afghanistan wars, Obama’s address, and the stimulus bill. President Obama has made a great deal of promises not only throughout his campaign but also during his first couple weeks of his presidency. Many people are worried about the economy and the war on terror, which such fears are justified.
Obama, during his press conference, talked mainly about the economic stimulus plan and how much the government has to do. A couple of statements that Obama has made in the past have not gone along with his present actions or statements. For example, he stated that he wanted to make the government’s doings “transparent” to the American people. He wanted to allow the American people to be comfortable and know what the government is doing. Well that has not been true thus far because the stimulus plan was released late Saturday night, according to Senator John Ensign (Republican). According to radio talk show host Glen Beck, the Democrats have broken their promise to have the public view the proposed bill for 48 hours before any vote. How is this making the government more “transparent” to the American people? It’s not. A Democrat from New Jersey, Senator Frank Lautenberg, predicted that none of his Senate colleagues would have a chance to even read the final version of the bill before it came up for the final vote. This bill is 1,071 pages! The economy is not in such dire need to have this bill passed without reading it. Sen. John Ensign states in one of the video clips, that we should be making sure that this is the best package possible because we cannot afford to just throw away billions of dollars and have the plan fail. Obama has not made the government’s doings any more “transparent”, and this stimulus bill is being pushed through without careful revision and input from both parties.
In response to “The Time for Action is Now” video clip, Obama makes several statements that sound very similar to the New Deal during FDR’s presidency. Last year in AP U.S. History, we discussed how the New Deal helped and hurt America. It is a very controversial issue whether or not the New Deal prolonged the Depression by ten years. Many historians have agreed that the New Deal hindered America pulling out of the Great Depression, and only World War II helped pull America back onto its feet. Obama made several statements about creating jobs by having workers improve infrastructure, which is very much like the Civilian Conservation Corps or the Tennessee Valley Authority. Both of these created jobs, improved infrastructure, and were just two of the many Alphabet Agencies that FDR created. So will history repeat itself if Obama follows in the footsteps of FDR; will the economy’s struggles be prolonged ten more years by history repeating itself? Obama also says that this stimulus plan “serves our children and our children’s children for years to come”, but in reality with how much national debt the government has wracked up, tax payers’ money will be going towards paying off this debt for years and years. My generation and generations to come will still be feeling the reverberations of this stimulus plan increasing national debt.
Right after September 11th, when the War on Terror first began, the country was united together wanting to stifle any terrorist threatening our freedom. Now people, Democrats in particular, have been blaming the Bush administration for a failed war. People have seemed to forget that there still is a war going on in Iraq and Afghanistan, according to Tom Ricks, author of The Gamble. He states how it would be quite hazardous to pull troop out of Iraq while it is still insecure. Obama yet again demonstrates how he changes his views based on what people want by stating in ’07 that he promises to bring the troop home as his first thing he will do when he is president. But in ’08 he claims that the two things that will steer his directives towards the Iraq and Afghanistan wars are to keeps the troops safe and keep Iraq stable. These are two different approaches to the Iraq war. Three quotes that I thought were not only interesting but very accurate and encompassed the struggle that Obama will have are: “Obama will be torn between what his supporters expect and what his general advise”, “Obama’s war in Iraq may be longer than Bush’s war in Iraq”, and “ Iraq will change Obama more so than Obama will change Iraq”. Americans still need to pay attention to these wars in Iraq and Afghanistan because they have just begun and will play a large role in America’s future.
Both the economic stimulus plan and the Iraq/Afghanistan wars are very important to America’s future because both will impact it. In the immediate future, the most concerning issue that Americans should follow is this economic stimulus plan. We should be paying attention to how much farther the government gets involved and farther into debt. We have to monitor how the government is controlling more and more and watch our rights. Other important topics that we should be paying attention to is where our taxes are going to fund, such as overseas abortions. We should also pay attention to immigration laws and the raising of taxes. With a new party in control of the Congress and the White House, all Americans, no matter what party they are affiliated with, should watch how their basic rights might possibly be breached.
My blog is about the obama conference and i think that most of the topics he starts to talk about are very important to the economy and to the people. Some of his goals are to get many of the people who have just lost their jobs in the last few months jobs again. He wants to do this so people can once again have money in their pocket and support their familes. Many of his new ideas to restart the econmy can help many but comes a large price. He says that more then four million people dont have jobs and he would like to change this with a new bill. Also obama not only wants to please his own political party but also the other ones too. He wants to set up a system so that any person in america can see what their government is spending money on. He also stated that he wants to put money into fixing and makeing schools better for the students. Some people of the government think that obama should do nothing and leave the econmy how it is so it can fix its self. But thats not what obama is about he wants to take action and fix the economy so it wont worrsen over the next couple of years.
The biggest problem America is facing at the moment is the deep economic crisis. As President Obama has repeated, this is the worst since the Great Depression. Almost half of the 3.6 million jobs that have been lost have came in the past 3 months. Which is a very disturbing statistic to see, because since people are getting laid off, those people are spending less money. When those people spend less money, that leads to more workers getting laid off. Although I am not a big fan of the economic stimulus plan that has been passed, it's something that must be done. $13 a week extra in peoples pay check does not seem like a lot, but it is more then what it was. President Obama has said this plan will save or create more than 3.5 million jobs and get our economy back on track. Which is something i think we should all have hope for. Regaining jobs, and it doesn't have to be 3.5 millions, but just getting people more jobs will lead to those people spending more. Spending more leads to more jobs which would put us in a better place then we are in now.
Now I do believe that retreating our troops in Iraq is important, but it is not as important as saving our economy. Getting the troops back from Iraq will cost us more money, which means what? It means that we will be getting into deeper debt, which is exactly what we wanted to get out of. If the plan works that Obama has set out, then i believe it will be the right time to bring back the troops from Iraq, but as of right now i just think it's too early.
This post is about the economy, because after taking economics I have a slightly greater understanding of the economy and the stability or lack there of in our country. I think it is interesting to hear Obama's plans to stimulate the economy, and his ideas about the borrowing money from other countries. The only problem that I do not understand is when he says as a nation we need to be better with our money and more responsible as a whole, how will he be able to control this. If it were that simple then we would never be in this predicament in the first place. It is not possible for the American public to completely abandon their old habits and change the entire structure of their spending. This is not something that the government has control over and I thought it was very odd how President Obama addressed the topic. Also I am curious to learn more regarding the money we borrow from other countries, and the entirety of our debt situation.
After hearing president Obama's take on the present situation in Iraq and in Afghanistan, my view is more fully developed. I believe that Obama's proposal to take the troops out of Iraq within sixteen months is a big step and will aid in Iraq's independence. The fact that they have just held a mostly peaceful election and their political system is functioning relatively well, shows that they are ready to start becoming independent. I do not agree with Obama's idea to send in non-combat troops after the combat veterans from Iraq have returned because the Iraqi government and people already are annoyed with our presence in their country as it is and I believe it will just cause more rowdiness in the country for us to be there "monitoring" them. I feel that we should keep a watchful eye from a distance and see how it goes.
I agree with Obama's statement that we should have more effective coordination with our allies and military and that we need to eliminate terrorist forces such as Alcheida and the Taliban as well as "safe havens". In doing this, I believe we will be successful in creating peace in the Middle East.
One of the most important topics that president Obama talked about in his press conference was how america will deal with unemployment because of the recession. His recovery and reinvestment package is one way that he believes that more jobs can be created and it can give our country the boost it needs to begin to pull itself out of the recession. He has also implemented a plan run by his secretary Tim Gidner to loosen up credit which means correcting some mistakes made in the past. His main point in pulling us out of the recession is that we need more jobs. He would like a bill that creates or saves 4,000,000 jobs.
Another important topic that the president discusses is his stance on the war in Iraq. At first he wanted to pull the troops out of the area as soon as he became president but now he wants to "keep the troops safe and keep Iraq stable." Either way, this is a tough decision to make on his part because americans opinions are so split that choosing one side can make him lose support from certain people.
Other topics that we should be paying attention to include the Darfur conflict and gay and lesbian rights.
It seems like everyone is saying that the economic crisis is the biggest problem for the U.S., and I have to agree. I did not realize how huge this problem was until about last year. Over the past few years, I noticed that gas prices have increased, jobs have been lost, people have gotten laid off, and now the "Big 3" (Ford, Chrysler and GM) are in serious trouble. This economic meltdown just seems to be gradually getting worse as time goes on.
I am certainly glad that Obama took immediate action and passed the Economic Stimulus bill. The changes this bill will make certainly will not happen very quickly. Obama also seems to be focusing more on the middle class since he wants to give a large tax cut to this group of people. To me, it seems important that he does not want to support the wealthy such as Wall Street bankers. Again, this will be a great benefit for the middle class.
What worries me the most about this economic bill is what will happen in the future. Will this massive plan become difficult to pay off to future generations of people? How will this large price tag affect the country fifteen to twenty years from now? Obviously, the answers to these questions cannot be answered at this time. All the Americans can do right now is to support the bill, take action, and hope for the best outcome.
I believe the biggest problem in this country right now is the economy. A few days ago my mom told me that people are pitching tents because they have lost their homes and their jobs. The news calls the places, where multiple tents are pitched, tent cities. Theft will be going up and employment will keep going down until something is done. This is very scary and I wouldn't be surprised if these next few years became known as "The Great Depression 2."
I am not entirely sure that Obama's stimulus plan will work but the thing that makes me most happy is that he is taking immediate and serious action in this crisis and he has a great ability to motivate the country. Motivating the country and making everyone believe we can get out of this crisis is crucial in accomplishing something of this size. One thing I don't like about this plan though is that I and everyone else in this country will have to pay it off for a very long time. Though, I strongly believe that this crisis could be a very good thing too. As I do, many spiritual teachers believe this crisis will be very enlightening to many individuals. It will help diminish materialism and greed and bring out good in people. This economic crisis is a huge dilemma as it is a time of change in human beings.
-Ben Paul
My blog is about the Obama Press Conference, and what his plans are what to do with the Iraq War. I agree with a lot of what Obama was saying because he is talking a lot about the economy and about the tax relief for families. One of the main things that i liked that he talked about was with the bail out plan. Obama wants to set a budget of $775 billion dollars to spend digging out our economy over the next 2 years. Yes $775 billion dollars does seem a bit of a high number but with our economy suffering so badly right now there really is no right answer. I feel. What i don't get is how our country can get $775 billion since we are already soo far in debt. Maybe his plan will work or maybe it wont but lets just hope that it could. Soon to be a newer and better economy.
Post a Comment