Wednesday, April 20, 2011

Response To Obama's Deficit Speech

I want to start off by adressing that when President Barack Obama entered office when it was already messed up.  I loved how Obama reminded everyone how the economy wasn't so great by mentioning all of our previous presidents, which were mainly Republicans.  He also reminded everyone that Bill Clinton, which is a Democrat, attempted to reduce the deficit in the 90's when he held a meeting in regards of the deficit.  Obama revealed several subliminal messages osuch as, it's basically the Republicans' fault for our economic disaster.  Obama made a great point when he said that even after the economy recovers, the government will still spend more and borrow more, and we might not be able to pay our debt because intrest will continue to go up.  He also stated that "those who benefited more from our way of life can afford to pay more in taxes".  I understand that if I was a millionaire, I wouldnt want to pay more taxes, but I would also look at the bigger picture at hand.  I think the Republicans need to give a little more to help our nation.  I was informed last week that a bill was passed to deduct funds from the medicade and food stamps.  Obama basically let it be known that our nation will not see brighter days if we do not find a way out of this debt.  Social Security will be gone for our future generations.  The Republicans and Democrats are fighting for the 12% that's left of the deficit.  The Republicans and Democrats do not see eye-to-eye, but Obama is hoping that the two sides can come together and agree on a soloution that satisfies them both.  Obama also delivered a subliminal message that he is trying to clean up the mess that the Republicans made while they were in office and that it will take more than a 4 year term to do so.

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