We see that the presidential election is coming up with both
candidates standing off on who will be the “victor” as President. Although most issues such as immigration and
foreign policy is conflicted in our country, unemployment in the United States
is a large issue due to the fact that it correlates to our countries economy
and it is on the minds of a lot of citizens in this nation. There will be certain problems of unemployment that each candidate will need to solve.
Our President, Barack Obama, explain how he will tackle this situation of unemployment in our country. The Obama Plan, which is an attempt to restore our unemployment problem, is explained that there will be an investment in education, small businesses, clean energy, infrastructure, and tax cuts for companies that bring jobs back to the U.S. This will create a more economic opportunity for the businesses created in by the citizens of the U.S.
As the months passed an October came by, a series of debate
from the vice president and the president came on. People were tuning in to what the candidates
are saying and wondering on how they were to compact with the issues that worry
them. At this moment in time, news about
the unemployment rate came on mentioning that the unemployment rate had dropped
to a whole 7.80% just in a short time before the presidential elections.
As Obama had the upper hand in the situation, Mitt Romney
still needed to try to keep a “fair game” about how he will deal with
unemployment if he gets elected for president.
Ignoring the fact that jobs rose in, Mitt Romney planned to create
250,000 jobs per month. He is mostly
concerned with the middle-class, decreasing in the United States demographic,
because the middle-class is able to create a majority of the employment rate
and as middle-class shrinks so does the rate of jobs in this country.
In conclusion, both candidates give a fair share and a hard
choice to the American people of who they want to vote for. Both of our candidates are helpful with the
fact with dealing with unemployment rate.
Although, this is true, we still need to see on how the next President
would be able to confront our problem and to see whether he will destroy or
rebuild employment rate in the United States.
References
Rugabe C. (October 2012) Unemployment Rate rises to 8.3% As a U.S. Adds 163,000 Jobs in July:BLS http://www.huffingtonpost.com/2012/08/03/unemployment-rate-jobs-report-bls_n_1736843.html
The economy, in particular creating jobs, is probably the most important issue in the 2012 Presidential Campaign. However, when it came to the presidential debates both candidates were not very specific and lacked the content. Even though President Obama and Governor Mitt Romney mentioned job creation a few times, there was not much one could get out of their discussions.
ReplyDeleteHowever, we can point out some details about their proposals on job creation from their campaigns. In short, whereas Obama's policies advocate creation of jobs through stimulus spending, elimination of tax cuts for the wealthy, and increased education, Mitt Romney's plan relies on supply-side economics as its theoretical foundation, that is lowering personal, corporate and investment taxes and cutting regulations and transferring more federal power to the states. If Obama is for the government expansion, Romney is against it and wants to get the government out of the way.