Obama and Romney? Obama For Sure!

The overall theme of the 2012 election between Obama and Romney is probably their economic plans, and which one is more beneficial to the economy.Romney's tax plan consists on lower taxes on wealthier people,  and less regulation of business. Obama's plan consists of higher taxes and more regulation. Which one is more applicable in today's economy?

The answer is simple. Obama's plan is much better.

The United States is currently in debt, and there is no mathematical way of removing debt without raising taxes. The debate of where the debt came from is often blamed on Obama, but the 3 trillion in debt originated from Bush's intervention in Iraq.

Both parties are both beginning to see how higher revenue is necessary for the economy.. John Boehner, the Republican Speaker of the House of Representatives, last week said higher revenue is necessary for the economy. This shows how Republicans are beginning to accept the position we are in, and realize the only way to avoid the fiscal cliff is to raise taxes on the rich.

Since Romney has vowed not to raise taxes on the wealthy, Obama's tax plan is more logical.
How can we avoid another recession without raising taxes?

"Obama stands firm on tax hikes" (Opposing Viewpoints)


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