What Romney had to offer

                During the presidential debates I got sick of hearing Mitt Romney telling us “That is not my plan, or my plan is…..” and then never really telling us what he is going to do to help our economy or country as a whole. So I got curious and here is Mitt Romney’s 5 point plan:

1)      Achieve energy independence in the U.S by 2020: Great point!! However, every president since Reagan has had this exact same point as part of their plan and look where we are now. We are still dependent on oil. 

Also, Mitt likes drilling for oil. He believes there is a lot of money to be made in oil, which there is, but can you put a dollar amount on our environment?  Mitt wants to drill for oil in the U.S, but most of the U.S oil reserves lie under our national parks. Sure, now we need oil, but we need to think about the future.  We only have one planet and we need to make it a priority to take care of it.

2)      Trade that works for America:  Great point, I do not know what Mitt’s view is for trade, but I would hope that it would be towards a less dependent one. I know he wants to drill for oil which would benefit us economically, but this would destroy our environment.

3)      Provide a better education: One of Mitt’s stronger points. Being the governor of the highest/best educated state in the U.S puts him in the best position to lead the country in education. He wants to educate Americans so that they will be able to find jobs, he wants to prepare the younger generation for the future.

This is an extremely difficult task.  At this time in society it is extremely difficult for the younger generation to find a job out of college and it will only get harder as the years go on.  If I would put my education in any one person’s hands it would be Romney’s.

4)      Cut the deficit: if you followed the debates you would know that no one knows Mitts plan for cutting the deficit. He was criticized by Obama for never telling how he was going to cut the deficit. However, he said he would raise spending on national defense, which I think is an awful idea.  Our country spends more money on national defense then the whole European Union. Why would we want to spend more money?

5)      Champion small business: Mitt strongly believes that small businesses are the core to a strong economy. He is right, without small business this country would not be where it was today. While big company owners are benefitting greatly and hiring hundreds of thousands of workers, there are not many big companies. However, imagine the town you grew up in or where you live now small businesses run the town and the towns of the country we live in.

I wonder how Mitt would have done as president.

Sources

http://www.politicususa.com/mitt-romneys-5-point-plan-plan-mccain-08-bush-04.html

synthesis and plan

I have been researching about the debt of our country and what had happened. I have written about how our government has been spending our tax dollars. I found out that about 1/4 of our tax money is spent on national defense. So much money is spent on national defense but we are very close to running our social security fund dry. I want to research more on how we could fix social security so people can retire and i want to learn about why the government is spending so much money on weapons.

Why shouldn't Obama be president?

Why shouldn't Obama be president?

http://theiowarepublican.com/2012/the-agonyf-an-iowa-democrat-convention/ 

Obama claims he will cut the deficit by 4 trillion dollars in a decade. Here is Obama’s plan.

Part 1: Raise corporate taxes as well as the wealthy citizen’s taxes by almost 20%.

                Part 2: Cut Medicare by 400 billion in the next ten years.

Obama has made it obvious that he will increase the taxes on the rich. But, what else is he planning on doing to our economy? It is almost impossible to find Obamas plan for the national debt online and this has to be saying something. He doesn’t know what to do!

Obama does not address the problem with social security and what is going to become of it. Our fund for social security is running low and it is predicated that it will run out by 2033. So anyone under the age of 44 have a blast working your whole life.  This should be a huge eye opener for us Americans.

Second, Obama wants to cut Medicare by 400billion dollars over the next decade. So what do you suppose we do with all the sick elderly that cannot pay to be hospitalized? Only 2% of the American citizens are wealthy, while the rest fall under the middle and poor class.  Cutting Medicare will not affect the wealthy people of America, but it will affect the middle class and especially the poor. Medications and treatments are extremely costly in today’s society.

Obama is planning to significantly raise taxes for businesses and wealthy. But, what is he going to do with that tax money if he is not going to spend in towards social security or health care for the people? Is our tax dollars going to be spent on more wars?

Sources:  
http://www.npr.org/2012/04/23/151231569/how-long-will-social-security-last
http://www.washingtonpost.com/business/economy/obama-budget-national-debt-will-be-1-trillion-higher-in-a-decade-than-previously-forecast/2012/02/13/gIQA2Rn1AR_story_1.html

Where has YOUR tax money gone?

Where has YOUR tax money gone?

Our national debt has just passed 16 trillion dollars. The U.S government is expected to collect 2.9 trillion dollars next year in tax money. How will our government ever be able to fix the debt without taking some of our privileges  away?

Our first problem is every year our government spends almost a trillion dollars on national defense.  We spend more money than every country in the European Union combined. We owe so much money yet we don’t stop buying new bombs and tanks to protect a country that hasn’t been attacked in 10 years.

The debt cannot be fixed in a day, or even a year, it is going to take time. Instead of the government cutting programs to help the average American such as Medicare or social security we should cut our budget on national defense. In time we would make a lot more money to create lives much simpler for the American person.

What we need to understand is that our country has never not been in debt. The debt has increased a substantial amount, but it could all be solved. We do not have to eliminate the debt we are in, but we do have to lessen it.    

Our second problem as a country is war. If we ever want to fix our debt we need to stop going into war with other countries. The Iraq war totaled to over 1.5 trillion dollars. On average in one year we spent about 600,000 dollars on one soldier and now while we are in debt are spending 1.2million dollars per soldier in the afghan war. Is this necessary, who are we fighting?

Our government is fighting a war on terror while more than 10% of our country is without a job. Have you ever thought about the war on terror? What is it? The war on terror will never end, because you cannot get rid of terror.

If you were to eliminate or dramatically cut these two factors then in some time our country would become financially stable again. So, what will our government do to fix our debt?

Sources: http://nationalpriorities.org/budget-basics/federal-budget-101/revenues/

Todd Harrison of the Center for Strategic and Budgetary Assessments http://www.npr.org/2011/12/18/143916137/the-cost-of-war-in-dollars-and-lives

 

Why is the U.S debt so large and how do we fix it?

I know that our economy is doing awful at the moment and I am aware that we have a 15 trillion dollar debt. I want to learn if it is even possible to fix the debt, where 15 trillion dollars went, and why did this happen. How could the most powerful country in the world economically collapse.