The election is finally over, and not much has changed. Most incumbents were reelected, and Congress is still divided. With the looming fiscal cliff of tax increases and spending cuts, our government must do something decisive. According to the Concord Coalition, a bipartisan group of former Senators and Representatives, the only outcomes of this fiscal cliff are calamity or compromise. They urge for compromise.
I believe the most important issue facing our country is the national deficit. According to NBC news, The Treasury Department reported October 12 that the deficit for the 2012 budget year totaled $1.1 trillion. I think we must choose a candidate who has plans to drastically reduce government spending and lower the national debt. I understand that Americans will suffer hardships as result of less government spending, but it must happen sooner or later. If the government continues to put America in debt, our country’s power will diminish.
On the 3rd of October President Obama and Governor Romney had their first presidential debate. This debate may become very important when the voting officially begins so I decided to tune in for the event and I watched every minute of it. However, I was disappointed by how the debate turned out for both President Obama and Governor Romney. I felt that Governor Romney was vague with his plans and he railed Obama's plans and presidential results most of the night. On the other hand I believe that President Obama was very defensive and was not agressive enough to get his points across.
In light of the debt crisis and President Obama’s proposed job plan, the issue of taxation is ever prevalent. As the middle class clamors for tax breaks the issue lies on whether to tax the wealthy. Warren Buffett, one of the richest Americans, and others like him, have come out saying that they should be taxed and it would be economically sound. The question of whether or not to tax the wealthy comes in out of history.
think that the deficit is necessary but the amount to be assize. the country is downing poorly and we need to sped money on fixing it up one way or a no there. a reason that the deficit might be so high is that we are just downing every thing at the same time which just looks like a lot but it really is the same as if you did it over for years you just got it finish faster. we are taking care of heath care in one big swoop and not dragging it out so the people benefit form the changes sooner and they will have a impact the Country all at ones and be more affective then if it happened gradually. And at this time we need to fix the problems now and not what for them to because to big of a problem like the war like poverty. if you take car of the probum fast it will be easier.